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2 Flat 6611 Langley Woodlawn Chicago IL Mu Invest

City: CHICAGO ZIP: 60637

Built In: 1911

Lot Size: A

Lot Dimensions: 3026

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Additional Property Details

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

Comparative Data

Zip Code Comparison: 60637

Listings in this Zip Code average: 3 to 4 units, and are priced at $206,769 to $289,938
This listing is 139% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Woodlawn

Listings in this Neighborhood average: 3 to 4 units, with average prices of $208,776 to $297,430
This listing is 127% 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 $23,520 Monthly $1,960
Rental Income Stabilized : Annual $29,400 Monthly $2,450
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$304,9002$152,4503.07%12.960.80%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,960$2,450
Year Total$23,520$29,400
Expense
Total$14,145$14,145
Net Operating Income$9,375$15,255
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3690 $10215 $13905 $1159
Total         $3,690 $10,215 $13,905   $-4,530 $3,690 $-840
Stabilized         $3,690 $10,215 $13,905   $1,350 $3,690 $5,040
Custom         $3690 $10215 $13905   $1350 $3690 $5040




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1228,6751,1593018583018581,159
2228,3741,1593038566041,7142,318
3228,0711,1593048559082,5693,477
4227,7671,1593058541,2133,4234,636
5227,4621,1593068531,5194,2765,795
6227,1561,1593078521,8265,1286,954
7226,8491,1593088512,1345,9798,113
8226,5411,1593098502,4446,8289,272
9226,2311,1593118482,7547,67710,431
10225,9211,1593128473,0668,52411,590
11225,6091,1593138463,3799,37012,749
12225,2961,1593148453,69310,21513,908
13224,9821,1593158444,00811,05915,067

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Listing Agent: Latrease Davenport
Listing Office: PIP Management
1300 S. Washtenaw Ave Apt 202 Chicago

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