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2 Flat 3853 Division Humboldt Park Chicago IL Mu

City: Chicago ZIP: 60651

Built In: 1885

Lot Size: A

Lot Dimensions: 25'X125'

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $900

Unit 2 Floor 2: 2 bedrooms 1 baths $1100

Detailed Listing Description

Great multi-unit investment with easy access to public transportation in bustling Humbolt Park.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B
  • Tenant Pays Unit 2B
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60651

Listings in this Zip Code average: 2 to 3 units, and are priced at $193,400 to $245,557
This listing is 37% 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 18% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $24,000 Monthly $2,000
Rental Income Stabilized : Annual $28,416 Monthly $2,368
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$264,0002$132,0004.41%11.000.90%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,000$2,368
Year Total$24,000$28,416
Expense
Total$12,361$12,361
Net Operating Income$11,639$16,055
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3195 $8845 $12040 $1004
Total         $3,195 $8,845 $12,040   $-401 $3,195 $2,794
Stabilized         $3,195 $8,845 $12,040   $4,015 $3,195 $7,210
Custom         $3195 $8845 $12040   $4015 $3195 $7210




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1198,0001,0042627432627431,004
2197,7391,0042627425241,4842,008
3197,4761,0042637417872,2253,012
4197,2131,0042647401,0522,9644,016
5196,9481,0042657391,3173,7035,020
6196,6831,0042667381,5844,4406,024
7196,4161,0042677371,8515,1777,028
8196,1491,0042687362,1205,9128,032
9195,8801,0042697352,3896,6479,036
10195,6111,0042707342,6607,38010,040
11195,3401,0042717332,9318,11311,044
12195,0691,0042727323,2048,84412,048
13194,7961,0042747303,4779,57513,052

Explore Nearby Neighborhoods

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Listing Agent: Victor Melecio
Listing Office: Century 21 Affiliated
4221 W Birchwood Ave Skokie

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