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4143 Leclaire

City: CHICAGO ZIP: 60641

Built In: 1906

Lot Size: A

Lot Dimensions: 4,375 SQ FT

Lot Description: E

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $1300

Unit 2 Floor 2: 3 bedrooms 1 baths $1275

Detailed Listing Description

Great investment opportunity in a desirable area. This legal 2-flat property sits on a corner lot, 4375 sq ft. It is being sold as-is with100% tax pro-rations. This solid investment property is already fully rented leaving you to just collect rents. The property has a number of newer features including a new garage (2019), roof replacement (2016), many new windows (2019), and a water heater (2018). Common area is equipped with laundry hook-up, providing additional income opportunity. Each of the two units has 3 bedrooms per floor. Additionally, the building has a partially finished basement and attic for potential expansion. Area amenities include parks, shopping, dining, and entertainment. Easy access to interstate, train, and public transportation. Possession per tenant rights.

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,E,J
  • Appliances Unit 2A,B
Schools
  • Grade SchoolPORTAGE PARK ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolGRAY ELEMENTARY SCHOOL
  • Jr High/Middle School District299
  • High SchoolSCHURZ HIGH SCHOOL
  • 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 16% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 23% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $30,900 Monthly $2,575
Rental Income Stabilized : Annual $32,196 Monthly $2,683
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$435,0002$217,5003.04%14.080.62%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,575$2,683
Year Total$30,900$32,196
Expense
Total$17,679$17,679
Net Operating Income$13,221$14,517
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5264 $14574 $19838 $1654
Total         $5,264 $14,574 $19,838   $-6,617 $5,264 $-1,353
Stabilized         $5,264 $14,574 $19,838   $-5,321 $5,264 $-57
Custom         $5264 $14574 $19838   $-5321 $5264 $-57




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1326,2501,6544311,2234311,2231,654
2325,8191,6544321,2228632,4453,308
3325,3871,6544341,2201,2973,6654,962
4324,9531,6544351,2191,7324,8846,616
5324,5181,6544371,2172,1696,1018,270
6324,0811,6544391,2152,6087,3169,924
7323,6421,6544401,2143,0488,53011,578
8323,2021,6544421,2123,4909,74213,232
9322,7601,6544441,2103,93410,95214,886
10322,3161,6544451,2094,37912,16116,540
11321,8711,6544471,2074,82613,36818,194
12321,4241,6544491,2055,27514,57319,848
13320,9751,6544501,2045,72515,77721,502

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Listing Agent: David Rodriguez
Listing Office: David Rodriguez
1900 W. Chicago Avenue, Unit A 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.