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4 Flat 1641 Huron West Town Chicago IL Mu Investm

City: CHICAGO ZIP: 60622

Built In: 1875

Lot Size: A

Lot Dimensions: 2976

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 1: 2 bedrooms 1 baths $0

Unit 3 Floor 2: 2 bedrooms 1 baths $0

Unit 4 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

RED BRICK 4 FLAT WITH FULL BASEMENT. LOCATED ON A BEAUTIFUL TREE LINED STREET IN PRIME LOCATION: East Village/UK Village. BUILDING HAS TONS OF POSSIBILITIES. PRIME CANDIDATE FOR SF CONVERSION OR REHAB AND RENT. LAUNDRY IN BASEMENT. PARKING PAD IN REAR. This property can be purchased with additional properties as a part of a portfolio.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipN
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
  • Tenant Pays Unit 4B,C
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • Appliances Unit 4A,B
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 13% 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 18% more than other 4 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 $65,318 Monthly $5,443
Rental Income Stabilized : Annual $81,648 Monthly $6,804
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$849,0004$212,2504.40%13.000.80%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$5,443$6,804
Year Total$65,318$81,648
Expense
Total$27,923$27,923
Net Operating Income$37,395$53,725
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $10273 $28444 $38717 $3227
Total         $10,273 $28,444 $38,717   $-1,322 $10,273 $8,951
Stabilized         $10,273 $28,444 $38,717   $15,008 $10,273 $25,281
Custom         $10273 $28444 $38717   $15008 $10273 $25281




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1636,7503,2278392,3888392,3883,227
2635,9113,2278422,3851,6824,7726,454
3635,0683,2278452,3822,5277,1549,681
4634,2233,2278492,3783,3769,53212,908
5633,3743,2278522,3754,22811,90716,135
6632,5223,2278552,3725,08314,27919,362
7631,6673,2278582,3695,94116,64822,589
8630,8093,2278612,3666,80219,01425,816
9629,9483,2278652,3627,66721,37629,043
10629,0833,2278682,3598,53523,73532,270
11628,2153,2278712,3569,40626,09135,497
12627,3443,2278742,35310,28128,44338,724
13626,4693,2278782,34911,15830,79341,951

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Listing Agent: Jennifer Fay
Listing Office: RE/MAX Edge
1730 Park St. #109 Naperville

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