Find the home or investment property you’ve been looking for!

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









2 Flat 2627 Seminary Lincoln Park Chicago IL Mu I

City: CHICAGO ZIP: 60614

Built In: 1876

Lot Size: A

Lot Dimensions: 25'X101'X29'X86'

Lot Description: L

# of Units: 2

Unit 1 Floor 1: 1 bedrooms 1 baths $1625

Unit 2 Floor 2: 2 bedrooms 2 baths $0

Gross Income $19,500

Detailed Listing Description

Sensational Lincoln Park two flat in prime walk to everything location. Thoughtfully designed top floor owners duplex features spacious main level with bright, airy living room that boasts hardwood floors, cathedral ceiling, gas fireplace, and large open dining room. Huge eat-in kitchen has tons of cabinets & granite counters, new stainless apps, plus additional living space and opens to rear deck. There's also a full bathroom and bedroom on this level. Upstairs is a sumptuous master suite with sitting area flooded with light, overlooking private terrace. This oasis boasts walk-in closet, big marble bath with skylight, whirlpool tub and separate shower. 1st floor apartment provides great income from 1 bedroom plus den, 1 bath unit with hardwood floors, large kitchen and separate dining room. Full unfinished basement gives abundant storage, and tenant laundry. Building is very well maintained by long term owner. Enjoy fantastic living with benefit of income in perfect location.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1A,B,E,S
  • Appliances Unit 2A,B,C,D,E,F,G,I,L,P,R,S,T,U
Schools
  • Grade SchoolAGASSIZ ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolAGASSIZ ELEMENTARY SCHOOL
  • Jr High/Middle School District299
  • High SchoolLINCOLN PARK HIGH SCHOOL
  • High School District299

Comparative Data

Zip Code Comparison: 60614

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,397,655 to $1,464,000
This listing is 1% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lincoln Park

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,494,179 to $1,560,429
This listing is 6% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $19,500 Monthly $1,625
Rental Income Stabilized : Annual $50,700 Monthly $4,225
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$799,0002$399,500-0.09%40.970.53%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,625$4,225
Year Total$19,500$50,700
Expense
Total$20,211$20,211
Net Operating Income$-711$30,489
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9668 $26769 $36437 $3037
Total         $9,668 $26,769 $36,437   $-37,148 $9,668 $-27,480
Stabilized         $9,668 $26,769 $36,437   $-5,948 $9,668 $3,720
Custom         $9668 $26769 $36437   $-5948 $9668 $3720




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1599,2503,0377902,2477902,2473,037
2598,4603,0377932,2441,5834,4916,074
3597,6673,0377962,2412,3786,7339,111
4596,8723,0377992,2383,1778,97112,148
5596,0733,0378022,2353,97911,20615,185
6595,2713,0378052,2324,78413,43818,222
7594,4663,0378082,2295,59115,66821,259
8593,6593,0378112,2266,40217,89424,296
9592,8483,0378142,2237,21620,11727,333
10592,0343,0378172,2208,03322,33730,370
11591,2173,0378202,2178,85324,55433,407
12590,3973,0378232,2149,67626,76836,444
13589,5743,0378262,21110,50228,97939,481

Explore Nearby Neighborhoods

North CenterNearby Neighborhoods X Plus Real Estate

North Center

Logan SquareNearby Neighborhoods X Plus Real Estate

Logan Square

Humboldt ParkNearby Neighborhoods X Plus Real Estate

Humboldt Park

Listing Agent: Gregory Desmond
Listing Office: @properties
3433 N. Greenview Chicago

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.