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1627 Honore

City: CHICAGO ZIP: 60622

Built In: 1891

Lot Size: A

Lot Dimensions: 24X121

# of Units: 4

Unit 1 Floor 1: 1 bedrooms 1 baths $1150

Unit 2 Floor 1: 1 bedrooms 1 baths $1200

Unit 3 Floor 2: 3 bedrooms 1 baths $1850

Unit 4 Floor 3: 4 bedrooms 2 baths $3000

Detailed Listing Description

BEST DEAL IN BUCKTOWN.ALL BRICK LEGAL 4 UNIT WAITING FOR NEW OWNER.FIRST FLOOR-2 NICE SIZE 1 BD APARTMENTS.SECOND-3 BD WITH HUGE LIVING,DINING AREA.3 FLOOR-4BD,2 BTH (ALMOST 2400SQF) DUPLEXED UP-ESTIMATED RENT OF $ 3000.EACH UNIT PAYS ALL UTILITIES.NEWER ROOF,NICE BACK YARD,SOLID 2 CAR GARAGE. HURRY UP- THIS ONE WON'T LAST.

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • 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 4B,C,D
Appliances
  • Appliances Unit 1A,B,C,D,E
  • Appliances Unit 2A,B,E
  • Appliances Unit 3A,B,C,D,E
  • Appliances Unit 4A,B,C,D,E
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 28% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 20% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $86,400 Monthly $7,200
Rental Income Stabilized : Annual $94,140 Monthly $7,845
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$1,249,0004$312,2504.12%14.460.63%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$7,200$7,845
Year Total$86,400$94,140
Expense
Total$34,880$34,880
Net Operating Income$51,520$59,260
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $15112 $41845 $56957 $4747
Total         $15,112 $41,845 $56,957   $-5,437 $15,112 $9,675
Stabilized         $15,112 $41,845 $56,957   $2,303 $15,112 $17,415
Custom         $15112 $41845 $56957   $2303 $15112 $17415




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1936,7504,7471,2343,5131,2343,5134,747
2935,5164,7471,2393,5082,4737,0219,494
3934,2774,7471,2433,5043,71610,52514,241
4933,0344,7471,2483,4994,96514,02318,988
5931,7854,7471,2533,4946,21717,51823,735
6930,5334,7471,2583,4897,47521,00728,482
7929,2754,7471,2623,4858,73724,49233,229
8928,0134,7471,2673,48010,00427,97237,976
9926,7464,7471,2723,47511,27631,44742,723
10925,4744,7471,2763,47112,55234,91847,470
11924,1984,7471,2813,46613,83338,38452,217
12922,9174,7471,2863,46115,12041,84456,964
13921,6304,7471,2913,45616,41045,30161,711

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Listing Agent: Bogdan Lewandowski
Listing Office: RE/MAX City
8709 N.Ozanam Ave Niles

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