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4 Flat 7230 Yates South Shore Chicago IL Mu Inves

City: CHICAGO ZIP: 60649

Built In: 1912

Lot Size: A

Lot Dimensions: 35X125

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 1: 2 bedrooms 1 baths $0

Unit 3 Floor 2: 3 bedrooms 1 baths $0

Unit 4 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Ask about 100% NO MONEY DOWN buyer financing! Unique Brick 4 flat with awesome building character - Not your cookie cutter 4 flat. 2 and 3 bedroom apartments can possibly be turned into condos. Great Investment property ready for rehab and priced to sell!

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces4
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Tenant Pays Unit 3A
  • Tenant Pays Unit 4A
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Appliances Unit 3O
  • Appliances Unit 4O
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60649

Listings in this Zip Code average: 5 to 6 units, and are priced at $519,000 to $327,132
This listing is 15% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - South Shore

Listings in this Neighborhood average: 5 to 6 units, with average prices of $383,300 to $319,775
This listing is 7% more than other 4 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 $40,781 Monthly $3,398
Rental Income Stabilized : Annual $50,976 Monthly $4,248
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,398$4,248
Year Total$40,781$50,976
Net Operating Income$21,914$32,109
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $2408 $6667 $9075 $757
Total         $2,408 $6,667 $9,075   $12,839 $2,408 $15,247
Stabilized         $2,408 $6,667 $9,075   $23,034 $2,408 $25,442
Custom         $2408 $6667 $9075   $23034 $2408 $25442

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Vanessa Rankins
Listing Office: @properties

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