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4 Flat 1844 Whipple Logan Square Chicago IL Mu In

City: CHICAGO ZIP: 60647

Built In: 1875

Lot Size: A

Lot Dimensions: 25X156

Lot Description: H

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $1450

Unit 2 Floor 2: 2 bedrooms 1 baths $1450

Unit 3 Floor G: 1 bedrooms 1 baths $1000

Unit 4 Floor C: 0 bedrooms 0 baths $0

Gross Income $46,800

Detailed Listing Description

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Tenant Pays Unit 4J
Appliances
  • Appliances Unit 1A,B,C,D,E,F,I,T
  • Appliances Unit 2A,B,C,D,E,F,I,T
  • Appliances Unit 3A,B,C,D,E,F,J,T
  • Appliances Unit 4O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 34% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 43% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $46,800 Monthly $3,900
Rental Income Stabilized : Annual $56,052 Monthly $4,671
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$749,9004$187,4752.78%16.020.62%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,900$4,671
Year Total$46,800$56,052
Expense
Total$25,988$25,988
Net Operating Income$20,812$30,064
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9074 $25124 $34198 $2850
Total         $9,074 $25,124 $34,198   $-13,386 $9,074 $-4,312
Stabilized         $9,074 $25,124 $34,198   $-4,134 $9,074 $4,940
Custom         $9074 $25124 $34198   $-4134 $9074 $4940




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1562,4252,8507412,1097412,1092,850
2561,6842,8507442,1061,4854,2155,700
3560,9402,8507462,1042,2316,3198,550
4560,1942,8507492,1012,9808,42011,400
5559,4452,8507522,0983,73210,51814,250
6558,6932,8507552,0954,48712,61317,100
7557,9382,8507582,0925,24514,70519,950
8557,1802,8507612,0896,00616,79422,800
9556,4192,8507632,0876,76918,88125,650
10555,6562,8507662,0847,53520,96528,500
11554,8902,8507692,0818,30523,04531,350
12554,1202,8507722,0789,07725,12334,200
13553,3482,8507752,0759,85227,19837,050

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Listing Agent: Giovanni Leopaldi
Listing Office: Property Consultants Realty
1827 N Fairfield Ave #3n Chicago

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