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2 Flat 1049 Ridgeway Humboldt Park Chicago IL Mu

City: CHICAGO ZIP: 60651

Built In: 1910

Lot Size: L

Lot Dimensions: 3,125

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

The opportunity is knocking at your Come in and take a look at this wonderful 2 flat in the humboldt park area.first floor features a 2 bedroom with each has their own closet. Big living room with hardwood floors,dinning, kitchen has an eat in area. Second floor features a 3 Bedrooms each one has their own closets, living room, dining room, with hard wood floor,full bathroom, eat in kitchen area, Roof its about 2 years old. And last but not least basement has a large living area with their own bathroom and closet plenty of storage. Don't let this one go!

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
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Appliances Unit 1A,B,F,J,S,U
  • Appliances Unit 2A,B,F,J,S
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60651

Listings in this Zip Code average: 2 to 3 units, and are priced at $193,400 to $245,557
This listing is 16% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Humboldt Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
This listing is 0% more than other 2 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $22,848 Monthly $1,904
Rental Income Stabilized : Annual $28,560 Monthly $2,380
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,904$2,380
Year Total$22,848$28,560
Net Operating Income$9,296$15,008
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $2723 $7539 $10262 $856
Total         $2,723 $7,539 $10,262   $-966 $2,723 $1,757
Stabilized         $2,723 $7,539 $10,262   $4,746 $2,723 $7,469
Custom         $2723 $7539 $10262   $4746 $2723 $7469

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Carmen Bahena
Listing Office: RE/MAX LOYALTY
2508 Gunderson Ave. Berwyn

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