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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 19% 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 3% 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
$230,0002$115,0005.06%9.581.03%
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 $2783 $7706 $10489 $875
Total         $2,783 $7,706 $10,489   $1,150 $2,783 $3,933
Stabilized         $2,783 $7,706 $10,489   $5,566 $2,783 $8,349
Custom         $2783 $7706 $10489   $5566 $2783 $8349




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1172,500875228647228647875
2172,2728752296464571,2931,750
3172,0438752306456871,9382,625
4171,8138752316449182,5823,500
5171,5828752326431,1493,2264,375
6171,3518752326431,3823,8685,250
7171,1188752336421,6154,5106,125
8170,8858752346411,8495,1517,000
9170,6518752356402,0845,7917,875
10170,4168752366392,3206,4308,750
11170,1808752376382,5577,0689,625
12169,9438752386372,7957,70510,500
13169,7058752396363,0338,34211,375

Explore Nearby Neighborhoods

Portage ParkNearby Neighborhoods X Plus Real Estate

Portage Park

Humboldt ParkNearby Neighborhoods X Plus Real Estate

Humboldt Park

North CenterNearby Neighborhoods X Plus Real Estate

North Center

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

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