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3652 Paulina

City: CHICAGO ZIP: 60613

Built In: U

Lot Size: A

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $3000

Unit 2 Floor 2: 3 bedrooms 2 baths $2900

Gross Income $70,800

Net Op. Income $60,000

Detailed Listing Description

Walk to Hamilton Elementary and Addison Brown! Heart of Lovely West Lakeview on Tree-Lined Street, 92 Walkscore, TWO Fully Renovated Owner's Units in this Massive, Four-Story 2-Flat, Gross over $70k Annually with Stable, Long-Term Tenants or Live in with Low Mortgage, Unit 1 ($3000/Month), Unit 2 ($2900/Month - With Room to Grow! Tenants Pay All Utilities - Gut Rehabbed Top to Bottom in 2012 -ALL Mechanicals Only 7 Years Old - ALL PERMITS PULLED! Brand New Electric, Plumbing, Central Air, In-Unit Laundry, Windows, Back Decks - Both Units Have Stainless Kitchens and Two Marble Baths, Recessed Lighting and GREAT Outdoor Space - Expansive Fenced Yard and Brick Two Car Garage with AWESOME Roofdeck! Low Bills- Owner Pays Only Water/Trash

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
  • Tenant Pays Unit 1B,C,D,E
  • Tenant Pays Unit 2B,C,D,E
  • Appliances Unit 1A,B,C,D,E,F,I,N,S
  • Appliances Unit 2A,B,C,D,E,F,I,N,S
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60613

Listings in this Zip Code average: 2 to 3 units, and are priced at $750,873 to $1,005,200
This listing is 23% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lake View

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,039,522 to $1,694,786
This listing is 5% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $70,800 Monthly $5,900
Rental Income Stabilized : Annual $66,192 Monthly $5,516
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$5,900$5,516
Year Total$70,800$66,192
Net Operating Income$49,727$45,119
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $11192 $30990 $42182 $3516
Total         $11,192 $30,990 $42,182   $7,545 $11,192 $18,737
Stabilized         $11,192 $30,990 $42,182   $2,937 $11,192 $14,129
Custom         $11192 $30990 $42182   $2937 $11192 $14129

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Kristin Bird
Listing Office: Kale Realty
1927 W. Argyle St. #3 Chicago

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