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732 Belden

City: CHICAGO ZIP: 60614

Built In: U

Lot Size: A

Lot Dimensions: 61X61X87

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Unit 3 Floor 1: 0 bedrooms 1 baths $0

Detailed Listing Description

EAST LINCOLN PARK - HANDSOME BRICK 3 FLAT AT THE INTERSECTION OF BURLING STREET & BELDEN AVENUE WITH FANTASTIC CURB APPEAL. MANY OPTIONS FOR THIS PROPERTY - KEEP AS-IS FOR AN INCOME PRODUCER, UPGRADE INCOME PRODUCING BY DUPLEXING DOWN AND ADDING ANOTHER FLOOR, OR CONVERT TO A FANTASTIC SINGLE FAMILY HOME. VERY SPECIAL PROPERTY PRICED TO SELL. INCREDIBLE LOCATION CLOSE TO SHOPS, SCHOOLS, AND RESTAURANTS IN PRIME LINCOLN PARK.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
Appliances
  • Appliances Unit 1A,B,J,M,S,U
  • Appliances Unit 2A,B,E,F,J,M,S,U
  • Appliances Unit 3A,B,J,S
Schools
  • Grade SchoolLINCOLN ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolLINCOLN ELEMENTARY SCHOOL
  • Jr High/Middle School District299
  • High SchoolLINCOLN PARK HIGH SCHOOL
  • High School District299

Comparative Data

Zip Code Comparison: 60614

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,397,655 to $1,464,000
This listing is 36% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lincoln Park

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,494,179 to $1,560,429
This listing is 40% more than other 3 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $41,290 Monthly $3,441
Rental Income Stabilized : Annual $51,612 Monthly $4,301
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$895,0003$298,3330.78%21.680.48%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,441$4,301
Year Total$41,290$51,612
Expense
Total$34,271$34,271
Net Operating Income$7,019$17,341
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $10829 $29985 $40814 $3402
Total         $10,829 $29,985 $40,814   $-33,795 $10,829 $-22,966
Stabilized         $10,829 $29,985 $40,814   $-23,473 $10,829 $-12,644
Custom         $10829 $29985 $40814   $-23473 $10829 $-12644




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1671,2503,4028852,5178852,5173,402
2670,3653,4028882,5141,7735,0316,804
3669,4773,4028912,5112,6647,54210,206
4668,5863,4028952,5073,55910,04913,608
5667,6913,4028982,5044,45712,55317,010
6666,7933,4029022,5005,35915,05320,412
7665,8913,4029052,4976,26417,55023,814
8664,9863,4029082,4947,17220,04427,216
9664,0783,4029122,4908,08422,53430,618
10663,1663,4029152,4878,99925,02134,020
11662,2513,4029192,4839,91727,50537,422
12661,3333,4029222,48010,84029,98440,824
13660,4103,4029252,47711,76532,46144,226

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Lincoln ParkNearby Neighborhoods X Plus Real Estate

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Listing Agent: Pearce Lashmett
Listing Office: Berkshire Hathaway HomeServices KoenigRubloff
1238 W. Argyle St., #2 Chicago

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