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2 Flat 4042 Kolmar Irving Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60641

Built In: U

Lot Size: A

Lot Dimensions: 50X126

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $1700

Unit 2 Floor 2: 4 bedrooms 3 baths $2475

Detailed Listing Description

2nd Floor is a HUGE DUPLEX UP with 4bed/3bath . 1st floor is a 3 Bed/1Bath ***Old Irving Park Jumbo Two Flat will not disappoint***DOUBLE LOT***Two PIN numbers**TWO LARGE UNITS *** .The property features a 2.5 Car Garage and a HUGE DECK/PATIO in the back for grill'n & chill'n! Great Opportunity to live in 1 unit and rent the other out and have very low costs. Both have new kitchens , new baths, separate GFA/CA. Refinished hardwood floors throughout. Updated electric, plumbing ,HVAC with Central A/C . Near Blue Line EL, Metra, Xways, 20 minutes to O'Hare, the Loop and the North Shore.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces5
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A,B,C,D
  • Tenant Pays Unit 2A,B,C,D
Appliances
  • Appliances Unit 1A,B,C,D,E,F,I
  • Appliances Unit 2A,B,C,D,E,F,I
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units, and are priced at $374,501 to $433,229
This listing is 67% 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 45% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $50,100 Monthly $4,175
Rental Income Stabilized : Annual $50,100 Monthly $4,175
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$625,0002$312,5005.35%12.480.67%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,175$4,175
Year Total$50,100$50,100
Expense
Total$16,662$16,662
Net Operating Income$33,438$33,438
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7563 $20940 $28503 $2376
Total         $7,563 $20,940 $28,503   $4,935 $7,563 $12,498
Stabilized         $7,563 $20,940 $28,503   $4,935 $7,563 $12,498
Custom         $7563 $20940 $28503   $4935 $7563 $12498




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1468,7502,3766181,7586181,7582,376
2468,1322,3766211,7551,2393,5134,752
3467,5112,3766231,7531,8625,2667,128
4466,8882,3766251,7512,4877,0179,504
5466,2632,3766281,7483,1148,76611,880
6465,6362,3766301,7463,74410,51214,256
7465,0062,3766321,7444,37612,25616,632
8464,3742,3766351,7415,01113,99719,008
9463,7392,3766371,7395,64815,73621,384
10463,1022,3766391,7376,28717,47323,760
11462,4632,3766421,7346,92919,20726,136
12461,8212,3766441,7327,57320,93928,512
13461,1772,3766471,7298,22022,66830,888

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Listing Agent: SilviuCosmin Moldovan
Listing Office: Domain Realty
5915 W Higgins Ave, Apt GG Chicago

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