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2 Flat 5422 Berenice Portage Park Chicago IL Mu I

City: CHICAGO ZIP: 60641

Built In: 1918

Lot Size: L

Lot Dimensions: 30 X 120

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1100

Unit 2 Floor 2: 2 bedrooms 1 baths $950

Gross Income $32,400

Detailed Listing Description

BRICK 2 FLAT IN PORTAGE PARK. HARDWOOD FLOORS, LARGE LIVING ROOM, FORMAL DINING ROOM, 2 BEDROOMS, KITCHEN WITH WALK IN PANTRY AND EATING AREA ON 1ST AND 2ND FLOORS. FINISHED BASEMENT WITH ANOTHER KITCHEN AREA, BATHROOM, LIVING AREA AND 2 BEDROOMS PERFECT FOR EXTENDED FAMILY LIVING. 2 CAR BRICK GARAGE WITH ALLEY ACCESS. SOLD AS IS CONDITION. COIN LAUNDRY IN BASEMENT AND CURRENTLY FULLY LEASED. NEW ROOF LAYER AND SILVER COATING 2018.

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
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
Schools
  • Grade SchoolPORTAGE PARK ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolPORTAGE PARK 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 7% 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 1% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $24,600 Monthly $2,050
Rental Income Stabilized : Annual $29,712 Monthly $2,476
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$349,9002$174,9502.26%14.220.71%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,050$2,476
Year Total$24,600$29,712
Expense
Total$16,708$16,708
Net Operating Income$7,892$13,004
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4234 $11723 $15957 $1330
Total         $4,234 $11,723 $15,957   $-8,065 $4,234 $-3,831
Stabilized         $4,234 $11,723 $15,957   $-2,953 $4,234 $1,281
Custom         $4234 $11723 $15957   $-2953 $4234 $1281




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1262,4251,3303469843469841,330
2262,0791,3303479836931,9672,660
3261,7321,3303499811,0422,9483,990
4261,3831,3303509801,3913,9295,320
5261,0341,3303519791,7434,9076,650
6260,6821,3303529782,0955,8857,980
7260,3301,3303549762,4496,8619,310
8259,9761,3303559752,8047,83610,640
9259,6211,3303569743,1608,81011,970
10259,2651,3303589723,5189,78213,300
11258,9071,3303599713,87710,75314,630
12258,5481,3303609704,23811,72215,960
13258,1871,3303629684,59912,69117,290

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Listing Agent: Jack Guest
Listing Office: Coldwell Banker Residential
219 Imperial Park Ridge

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