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4 Flat 1702 Morgan Lower West Side Chicago IL Mu

City: CHICAGO ZIP: 60608

Built In: 1872

Lot Size: A

Lot Dimensions: 24 X 148

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor 1: 2 bedrooms 1 baths $0

Unit 4 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

SOLD BEFORE PRINT.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Tenant Pays Unit 4B,C,D
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • Appliances Unit 4A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60608

Listings in this Zip Code average: 3 to 4 units, and are priced at $367,244 to $450,309
This listing is 28% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lower West Side

Listings in this Neighborhood average: 3 to 4 units, with average prices of $386,718 to $497,983
This listing is 15% 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 $54,240 Monthly $4,520
Rental Income Stabilized : Annual $67,800 Monthly $5,650
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$575,0004$143,7504.73%10.600.98%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,520$5,650
Year Total$54,240$67,800
Expense
Total$27,019$27,019
Net Operating Income$27,221$40,781
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6958 $19264 $26222 $2186
Total         $6,958 $19,264 $26,222   $999 $6,958 $7,957
Stabilized         $6,958 $19,264 $26,222   $14,559 $6,958 $21,517
Custom         $6958 $19264 $26222   $14559 $6958 $21517




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1431,2502,1865691,6175691,6172,186
2430,6812,1865711,6151,1403,2324,372
3430,1102,1865731,6131,7134,8456,558
4429,5372,1865751,6112,2886,4568,744
5428,9622,1865771,6092,8658,06510,930
6428,3852,1865801,6063,4459,67113,116
7427,8052,1865821,6044,02711,27515,302
8427,2232,1865841,6024,61112,87717,488
9426,6392,1865861,6005,19714,47719,674
10426,0532,1865881,5985,78516,07521,860
11425,4652,1865911,5956,37617,67024,046
12424,8742,1865931,5936,96819,26426,232
13424,2822,1865951,5917,56320,85528,418

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Listing Agent: Angelo Labriola
Listing Office: Sperry Van Ness
833 W. 15th Pl., Unit 605 Chicago

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