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2 Flat 1623 Tripp Humboldt Park Chicago IL Mu Inv

City: Chicago ZIP: 60639

Built In: U

Lot Size: K

Lot Dimensions: 40X125

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $OWN

Unit 2 Floor 2: 3 bedrooms 1 baths $OWN

Detailed Listing Description

Spacious and bright, all brick 2 flat with a full finished basement. Over-sized lot, 40 x 125, concrete side drive. Large rooms, hardwood floors, ceramic tile bathrooms, vinyl windows. Second floor 3 bedrooms. Eat-in kitchens with nice wood cabinets, stainless steel appliances, ceramic tile floors and back splash. Balcony off the front bedroom upstairs. Natural wood trim throughout. Enclosed back porch. Finished basement with a full bath. Huge garage can fit 3 cars, and extra rooms ideal for storage or an artist's studio. Large patio in the back.Wrought iron fence in front. Great location in West Humboldt Park. Some exterior work needed. Sold as-is condition. No FHA or VA, please.

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces3
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1A,B,E,F
  • Appliances Unit 2A,B,E,F
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60639

Listings in this Zip Code average: 2 to 3 units, and are priced at $280,900 to $319,732
This listing is 53% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Humboldt Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
This listing is 91% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $26,484 Monthly $2,207
Rental Income Stabilized : Annual $29,508 Monthly $2,459
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$428,9882$214,4942.89%16.200.57%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,207$2,459
Year Total$26,484$29,508
Expense
Total$14,085$14,085
Net Operating Income$12,399$15,423
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5191 $14373 $19564 $1631
Total         $5,191 $14,373 $19,564   $-7,165 $5,191 $-1,974
Stabilized         $5,191 $14,373 $19,564   $-4,141 $5,191 $1,050
Custom         $5191 $14373 $19564   $-4141 $5191 $1050




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1321,7411,6314241,2074241,2071,631
2321,3171,6314261,2058512,4113,262
3320,8901,6314281,2031,2783,6154,893
4320,4631,6314291,2021,7074,8176,524
5320,0341,6314311,2002,1386,0178,155
6319,6031,6314321,1992,5717,2159,786
7319,1701,6314341,1973,0058,41211,417
8318,7361,6314361,1953,4419,60713,048
9318,3001,6314371,1943,87810,80114,679
10317,8631,6314391,1924,31711,99316,310
11317,4241,6314411,1904,75813,18317,941
12316,9831,6314421,1895,20014,37219,572
13316,5411,6314441,1875,64415,55921,203

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Listing Agent: Elizabeth Sidorowicz
Listing Office: RE/MAX Premier
1205 N. Dearborn Chicago

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