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4741 Kilpatrick

City: CHICAGO ZIP: 60630

Built In: 1924

Lot Size: A

Lot Dimensions: 4050

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1550

Unit 2 Floor 2: 2 bedrooms 1 baths $1550

Detailed Listing Description

Absolutely solid brick multi unit building in the heart of Mayfair. Each home in this 2-unit building includes large sun-filled living room & dining room, 2 bedrooms & updated bathroom, brand new stainless steel appliances, newer windows and solid hardwood floors. The entire building has central AC and forced heat. Full walk-out basement containing an additional bedroom and bath which could be converted to a 3rd unit. 2 brand new water heaters and furnace. AC units serviced. Laundry in basement. Building has newer extra large 2.5 car garage and tons of storage. Blocks away from public transportation and highway.

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,C,D,H
  • Tenant Pays Unit 2B,C,D,H
Appliances
  • Appliances Unit 1A,B,E,F,I
  • Appliances Unit 2A,B,E,F,I
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 19% 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 7% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $37,200 Monthly $3,100
Rental Income Stabilized : Annual $35,520 Monthly $2,960
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$459,9002$229,9504.47%12.360.64%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,100$2,960
Year Total$37,200$35,520
Expense
Total$16,648$16,648
Net Operating Income$20,552$18,872
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5565 $15408 $20973 $1748
Total         $5,565 $15,408 $20,973   $-421 $5,565 $5,144
Stabilized         $5,565 $15,408 $20,973   $-2,101 $5,565 $3,464
Custom         $5565 $15408 $20973   $-2101 $5565 $3464




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1344,9251,7484551,2934551,2931,748
2344,4701,7484561,2929112,5853,496
3344,0141,7484581,2901,3693,8755,244
4343,5561,7484601,2881,8285,1646,992
5343,0971,7484611,2872,2906,4508,740
6342,6351,7484631,2852,7537,73510,488
7342,1721,7484651,2833,2189,01812,236
8341,7071,7484671,2813,68410,30013,984
9341,2411,7484681,2804,15311,57915,732
10340,7721,7484701,2784,62312,85717,480
11340,3021,7484721,2765,09514,13319,228
12339,8301,7484741,2745,56815,40820,976
13339,3571,7484751,2736,04416,68022,724

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Listing Agent: Jesse Nocon
Listing Office: Charles Rutenberg Realty
6 N. May St., Unit 402 Chicago

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