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2 Flat 4019 Tripp Irving Park Chicago IL Mu Inves

City: CHICAGO ZIP: 60641

Built In: U

Lot Size: K

Lot Dimensions: 4528 SQ. FT.

# of Units: 2

Unit 1 Floor C: 1 bedrooms 1 baths $800

Unit 2 Floor H: 4 bedrooms 2 baths $2000

Detailed Listing Description

GREAT PROPERTY IN OLD IRVING! 2 UNITS WITH 3 1/2 CAR GARAGE AND MANY MORE PARKING BY GARAGE. COULD BE A LARGE SINGLE FAMILY HOME OR RENT OUT UNITS AND GARAGE. NEWLY UPDATED OWNER UNIT HAS GRANITE COUNTER TOPS, SS APPLICANCES, HARD WOOD FLOOR, WASHER/DRYER. 2 UPDATED FULL BATHROOMS. STEPS FROM METRA, EXPRESSWAYS, TRAINS, BUSES, RESTAURANTS AND SHOPPING. BEST PRIVATE AND PUBLIC CHICAGO SCHOOL DISTRICTS.

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces3.5
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,D
  • Tenant Pays Unit 2B,D
Appliances
  • Appliances Unit 1A,B,F
  • Appliances Unit 2A,B,C,D,F
Schools
  • Grade SchoolBELDING ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolSCHURZ HIGH SCHOOL
  • High School District299

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units, and are priced at $374,501 to $433,229
This listing is 33% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 16% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $33,600 Monthly $2,800
Rental Income Stabilized : Annual $33,600 Monthly $2,800
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$499,9002$249,9503.58%14.880.56%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,800$2,800
Year Total$33,600$33,600
Expense
Total$15,683$15,683
Net Operating Income$17,917$17,917
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6049 $16748 $22797 $1900
Total         $6,049 $16,748 $22,797   $-4,880 $6,049 $1,169
Stabilized         $6,049 $16,748 $22,797   $-4,880 $6,049 $1,169
Custom         $6049 $16748 $22797   $-4880 $6049 $1169




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1374,9251,9004941,4064941,4061,900
2374,4311,9004961,4049902,8103,800
3373,9351,9004981,4021,4884,2125,700
4373,4371,9005001,4001,9875,6137,600
5372,9381,9005011,3992,4897,0119,500
6372,4361,9005031,3972,9928,40811,400
7371,9331,9005051,3953,4979,80313,300
8371,4281,9005071,3934,00511,19515,200
9370,9201,9005091,3914,51412,58617,100
10370,4111,9005111,3895,02513,97519,000
11369,9001,9005131,3875,53715,36320,900
12369,3881,9005151,3856,05216,74822,800
13368,8731,9005171,3836,56918,13124,700

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Listing Agent: Mona Jee
Listing Office: Compass
5852 N. Sheridan Road Chicago

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