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3331 Warner

City: CHICAGO ZIP: 60618

Built In: 1903

Lot Size: L

Lot Dimensions: 25 X 124

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $OWNR

Unit 2 Floor 2: 2 bedrooms 1 baths $OWNR

Unit 3 Floor 3: 2 bedrooms 1 baths $VAC

Detailed Listing Description

Deadline for highest and best, Monday,4/8- /19 at 8pm. OPPORTUNITY KNOCKING ON THIS LEGAL 3 UNIT IN IRVING PARK AREA. ALL UNITS HAVE 2 BEDROOMS & 1 BATHROOM. READY FOR CONVERSION TO SINGLE FAMILY OR REHAB FOR GREAT INCOME. SIZES FOR MIDDLE UNIT: LR: 12.8 x 12.3; DR: 15 x 12; BDRMS: 14 x 7 & 11 x 8. EACH UNIT HAS SEPARATE SPACE HEAT UNITS. STRIP OFF ROOF 2016. MINUTES FROM I90/I94/CTA BLUE LINE/METRA. PROPERTY SOLD IN "AS IS" CONDITION ONLY. RIDER REQUIRED. THANK YOU

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 1B,C,D
  • Tenant Pays Unit 2B,C,D,F,G,H
  • Tenant Pays Unit 3B,C,D
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B,C,D
  • Appliances Unit 3A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolROOSEVELT HIGH SCHOOL
  • 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 43% 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 34% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $51,540 Monthly $4,295
Rental Income Stabilized : Annual $55,032 Monthly $4,586
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$333,5003$111,1679.05%6.471.38%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,295$4,586
Year Total$51,540$55,032
Expense
Total$21,370$21,370
Net Operating Income$30,170$33,662
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4036 $11174 $15210 $1268
Total         $4,036 $11,174 $15,210   $14,960 $4,036 $18,996
Stabilized         $4,036 $11,174 $15,210   $18,452 $4,036 $22,488
Custom         $4036 $11174 $15210   $18452 $4036 $22488




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1250,1251,2683309383309381,268
2249,7951,2683319376611,8752,536
3249,4641,2683339359942,8103,804
4249,1311,2683349341,3283,7445,072
5248,7971,2683359331,6634,6776,340
6248,4621,2683369321,9995,6097,608
7248,1261,2683389302,3366,5408,876
8247,7891,2683399292,6757,46910,144
9247,4501,2683409283,0158,39711,412
10247,1101,2683419273,3579,32312,680
11246,7681,2683439253,69910,24913,948
12246,4261,2683449244,04311,17315,216
13246,0821,2683459234,38812,09616,484

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Listing Agent: Janet Robertson
Listing Office: Coldwell Banker Residential
4136 N. LaVergne Chicago

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