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2 Flat 4450 Leland Irving Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60630

Built In: 1923

Lot Size: L

Lot Dimensions: 3125

Lot Description: F,H,N

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1150

Unit 2 Floor 1: 2 bedrooms 1 baths $1200

Gross Income $2,350

Detailed Listing Description

MAYFAIR SOLID BRICK LEGAL 2 FLAT: 2bd/1ba each, plus HIGH CEILING Unfinished BASEMENT walkout (front & back entrance) POTENTIAL FOR MORE LIVING SPACE. 6 ROOMS, 2 BEDROOMS ON EACH FLOOR, LARGE LIVING ROOMS & DINING ROOMS, EAT IN KITCHENS with walk-in PANTRIES, enclosed: Porches & BACK STAIRS. NATURAL WOODWORK, HARDWOOD FLOORS UNDER CARPET. BOTH UNITS RENTED, CLEAN & READY FOR YOUR UPDATING IDEAS. 2 FENCED LOTS area for FLOWER & VEGETABLE GARDENS & 2 CAR GARAGE entrance from alley . FAMILY-Own over 30 YEARS. JEFFERSON TOWNSHIP, IRVING PARK NEIGHBORHOOD. NEAR BLUE LINE. CLOSE TO EXPRESSWAYS & SHOPPING. SELLING AS-IS CONDITION.

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • 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
  • Tenant Pays Unit 2B
Appliances
  • Appliances Unit 1A,B,J,N,S,U
  • Appliances Unit 2A,B,J,N,S,U
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60630

Listings in this Zip Code average: 2 to 3 units, and are priced at $387,305 to $445,558
This listing is 6% more than other 2 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 5% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $28,200 Monthly $2,350
Rental Income Stabilized : Annual $37,440 Monthly $3,120
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$410,0002$205,0003.94%14.540.76%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,350$3,120
Year Total$28,200$37,440
Expense
Total$12,043$12,043
Net Operating Income$16,157$25,397
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4961 $13737 $18698 $1559
Total         $4,961 $13,737 $18,698   $-2,541 $4,961 $2,420
Stabilized         $4,961 $13,737 $18,698   $6,699 $4,961 $11,660
Custom         $4961 $13737 $18698   $6699 $4961 $11660




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1307,5001,5594061,1534061,1531,559
2307,0941,5594071,1528132,3053,118
3306,6871,5594091,1501,2223,4554,677
4306,2781,5594101,1491,6334,6036,236
5305,8671,5594121,1472,0455,7507,795
6305,4551,5594141,1452,4586,8969,354
7305,0421,5594151,1442,8738,04010,913
8304,6271,5594171,1423,2909,18212,472
9304,2101,5594181,1413,70810,32314,031
10303,7921,5594201,1394,12811,46215,590
11303,3721,5594211,1384,54912,60017,149
12302,9511,5594231,1364,97213,73618,708
13302,5281,5594251,1345,39714,87020,267

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Listing Agent: Tamara Vesna
Listing Office: RE/MAX City
3023 N. Clark St. # 727 Chicago

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