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3 Flat 4711 Kenton Irving Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60630

Built In: 1912

Lot Size: A

Lot Dimensions: 38 X 157

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $1300

Unit 2 Floor 2: 2 bedrooms 1 baths $1000

Unit 3 Floor G: 1 bedrooms 1 baths $400

Detailed Listing Description

ANNOUNCING: FABULOUS BRICK 2-FLAT + GARDEN APT IN THIS A+ MAYFAIR LOCATION. THIS MULTI FAMILY WITH SIDE DRIVE & LARGE BACKYARD HAS BEEN VERY WELL CARED FOR AND MAINTAINED OVER THE YEARS. BOTH THE 1st & 2nd FLOORS HAVE FORMAL LIVING & DINING ROOMS, MASTER BEDROOMS HAVE ACCESS TO OUTDOOR DECKS.....SOME BUILDING FEATURES: 2019 NEW TEAR OFF ROOF WITH TRANSFERRABLE WATRRANTY, 2016 & 2019 BUILDING & GARAGE TUCK POINTED, 2004 & 2015 NEW WINDOWS, GAS FORCED AIR (2014 new furnace), 2015 COPPER PLUMBING, 2017 NEW SIDEWALKS, 2 CAR GARAGE & STORAGE SHED, TWO MASSIVE STORAGE CLOSETS IN BASEMENT. THIS ALSO COULD BE A VERY EASY CONVERSION TO A 1st FLOOR DUPLEX UNIT WITH THE GARDEN APT. STEPS TO TRAIN, HWY, BUS, SHOPPING & RESTAURANTS......LONG TIME TENANTS ARE MONTH to MONTH WITH EXTREMELY LOW RENTS....(note 2nd floor unit has hardwood floors under carpet in living & dining room)

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2.5
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B
  • Tenant Pays Unit 2B
  • Tenant Pays Unit 3B
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
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 7% 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 6% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $32,400 Monthly $2,700
Rental Income Stabilized : Annual $47,880 Monthly $3,990
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$474,9003$158,3002.79%14.660.84%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,700$3,990
Year Total$32,400$47,880
Expense
Total$19,161$19,161
Net Operating Income$13,239$28,719
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5746 $15911 $21657 $1805
Total         $5,746 $15,911 $21,657   $-8,418 $5,746 $-2,672
Stabilized         $5,746 $15,911 $21,657   $7,062 $5,746 $12,808
Custom         $5746 $15911 $21657   $7062 $5746 $12808




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1356,1751,8054691,3364691,3361,805
2355,7061,8054711,3349402,6703,610
3355,2351,8054731,3321,4134,0025,415
4354,7621,8054751,3301,8885,3327,220
5354,2871,8054761,3292,3646,6619,025
6353,8111,8054781,3272,8437,98710,830
7353,3321,8054801,3253,3239,31212,635
8352,8521,8054821,3233,80410,63614,440
9352,3711,8054841,3214,28811,95716,245
10351,8871,8054851,3204,77313,27718,050
11351,4021,8054871,3185,26114,59419,855
12350,9141,8054891,3165,75015,91021,660
13350,4251,8054911,3146,24117,22423,465

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Listing Agent: Steven Paige
Listing Office: RE/MAX Vision 212
6317 North Kirkwood Avenue Chicago

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