3 Flat 333 Memorial Calumet City IL Mu Investment| Chicago Property Listings – X Plus Real Estate

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3 Flat 333 Memorial Calumet City IL Mu Investment

City: CALUMET CITY ZIP: 60409

Built In: 1927

Lot Size: A

Lot Dimensions: 40X125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $750

Unit 2 Floor 2: 2 bedrooms 1 baths $775

Unit 3 Floor G: 1 bedrooms 1 baths $650

Gross Income $26,100

Detailed Listing Description

Beautiful 2 Flat with Garden Unit located in historic downtown Calumet City. Just steps away from Memorial Park District and minutes away from shopping, restaurants and entertainment. Each unit has enclosed back porches. Brand new windows, new siding, 3 car garage. This building is already 100% tenant occupied. This is great for investors! Buyer financing fell through, your opportunity awaits! Property being sold AS-IS! Calumet City inspected and passed.

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces3
  • ParkingG,S
  • Number of Parking Spaces3
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
Schools
  • Grade SchoolSCHRUM MEMORIAL SCHOOL
  • Grade School District157
  • Jr High/Middle School District157
  • High SchoolTHORNTON FRACTNL NO HIGH SCHOOL
  • High School District215

Comparative Data

Zip Code Comparison: 60409

Listings in this Zip Code average: 4 to 5 units, and are priced at $164,109 to $138,975
This listing is 24% more than other 3 unit listings in this zipcode.


Calculated Rents
Rental Income : Annual $2,175 Monthly $181
Rental Income Stabilized : Annual $2,741 Monthly $228
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$104,9003$34,967-18.45%48.232.61%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$181$228
Year Total$2,175$2,741
Expense
Total$21,529$21,529
Net Operating Income$-19,354$-18,788
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $1270 $3515 $4785 $399
Total         $1,270 $3,515 $4,785   $-24,139 $1,270 $-22,869
Stabilized         $1,270 $3,515 $4,785   $-23,573 $1,270 $-22,303
Custom         $1270 $3515 $4785   $-23573 $1270 $-22303




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
178,675399104295104295399
278,571399104295208590798
378,4673991052943138841,197
478,3623991052944181,1781,596
578,2573991062935241,4711,995
678,1513991062936301,7642,394
778,0453991062937362,0572,793
877,9393991072928432,3493,192
977,8323991072929502,6413,591
1077,7253991082911,0572,9333,990
1177,6183991082911,1653,2244,389
1277,5103991082911,2743,5144,788
1377,4013991092901,3823,8055,187

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Listing Agent: Christopher Huff
Listing Office: Baird & Warner
8450 south king drive chicago

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