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4 Flat 4014 Sacramento Irving Park Chicago IL Mu

City: CHICAGO ZIP: 60618

Built In: 1903

Lot Size: A

Lot Dimensions: 35.7 X 125.3

Lot Description: H

# of Units: 4

Unit 1 Floor G: 1 bedrooms 1 baths $900

Unit 2 Floor 1: 2 bedrooms 1 baths $1450

Unit 3 Floor 2: 2 bedrooms 1 baths $1350

Unit 4 Floor C: 1 bedrooms 1 baths $850

Detailed Listing Description

Smart investment opportunity in HOT IRVING PARK, 4 LEGAL UNITS, UNIQUE 3-FLAT AND COACH HOUSE on EXTRA WIDE LOT 35 x 125 FT. Rehabs and new construction all around. All BRICK GARAGE AND COACH HOUSE. ALL FOUR UNITS CURRENTLY RENTED with each unit paying its own gas & electric. RECENT IMPROVEMENTS: 3 NEW BOILERS 2015, 80 GALLON HWH 2015, COACH HOUSE BATH REMODELED 2016. NEW WINDOWS in entire 3 flat as of 2008. ALL UNITS IN 3-FLAT BUILT OUT AND REMODLED WITHIN LAST 10 YEARS. Backyard is a blank slate, POTENTIAL FOR 3 PARKING SPACES, large patio, garden, play area. Riverfront Horner Park on 55 acres, just 4 blocks east. Mcfetridge Sports Center w/ indoor ice rink and tennis courts nearby. Buy for investment or convert 3-flat to single family and keep coach for income. LOTS OF POSSIBILITIES FOR A CREATIVE BUYER. Close to shopping, transportation, and expressway. SHOWINGS ONLY - WED 6-7pm and SAT from 11-12noon. Please request through show assist during those times.

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces1
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • 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 Unit 1A,B,E,J
  • Appliances Unit 2A,B,E,K,S
  • Appliances Unit 3A,B,E,J,S,U
  • Appliances Unit 4A,B,E,J
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 16% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 7% more than other 4 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $54,600 Monthly $4,550
Rental Income Stabilized : Annual $61,296 Monthly $5,108
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,550$5,108
Year Total$54,600$61,296
Net Operating Income$26,082$32,778
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $8288 $22950 $31238 $2604
Total         $8,288 $22,950 $31,238   $-5,156 $8,288 $3,132
Stabilized         $8,288 $22,950 $31,238   $1,540 $8,288 $9,828
Custom         $8288 $22950 $31238   $1540 $8288 $9828

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Christie Ascione
Listing Office: @properties
1129 Elmwood Wilmette

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