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3706 Drake

City: CHICAGO ZIP: 60618

Built In: U

Lot Size: A

Lot Dimensions: 30X125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $N/A

Unit 2 Floor 2: 3 bedrooms 2 baths $N/A

Unit 3 Floor 3: 3 bedrooms 2 baths $N/A

Detailed Listing Description

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1I
  • Tenant Pays Unit 2I
  • Tenant Pays Unit 3I
Appliances
  • Appliances Unit 1A,B,E,F,I,N,P,S
  • Appliances Unit 2A,B,E,F,I,N,P,S
  • Appliances Unit 3A,B,E,F,I,N,P,R,S
Schools
  • 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 36% more than other 3 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 58% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $69,360 Monthly $5,780
Rental Income Stabilized : Annual $80,208 Monthly $6,684
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$798,0003$266,0005.85%11.510.84%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$5,780$6,684
Year Total$69,360$80,208
Expense
Total$22,657$22,657
Net Operating Income$46,703$57,551
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9656 $26735 $36391 $3033
Total         $9,656 $26,735 $36,391   $10,312 $9,656 $19,968
Stabilized         $9,656 $26,735 $36,391   $21,160 $9,656 $30,816
Custom         $9656 $26735 $36391   $21160 $9656 $30816




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1598,5003,0337892,2447892,2443,033
2597,7113,0337922,2411,5804,4866,066
3596,9203,0337952,2382,3756,7249,099
4596,1253,0337982,2353,1728,96012,132
5595,3283,0338012,2323,97311,19215,165
6594,5273,0338042,2294,77613,42218,198
7593,7243,0338072,2265,58315,64821,231
8592,9173,0338102,2236,39217,87224,264
9592,1083,0338132,2207,20520,09227,297
10591,2953,0338162,2178,02122,30930,330
11590,4793,0338192,2148,83924,52433,363
12589,6613,0338222,2119,66126,73536,396
13588,8393,0338252,20810,48628,94339,429

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Listing Agent: Marta Mikula
Listing Office: Avondale Realty LLC
295 Auburn Ave Winnetka

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.