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3 Flat 6538 Peoria Englewood Chicago IL Mu Invest

City: CHICAGO ZIP: 60621

Built In: 1900

Lot Size: A

Lot Dimensions: 3125 SQ FT

# of Units: 3

Unit 1 Floor 1: 1 bedrooms 1 baths $500

Unit 2 Floor 2: 2 bedrooms 1 baths $1150

Unit 3 Floor 3: 3 bedrooms 1 baths $1250

Gross Income $2,900

Detailed Listing Description

Beautiful Greystone with 3 units completely gutted to studs and updated 2019. New kitchens with stainless appliances and granite countertops, new baths with ceramic tiling, new flooring, new trim, new furnace and AC units, added laundry rooms, 2 car detached garage, fenced yard, low maintenance and expenses. Nice finishes in each unit. Newer roof, porch and tuck pointing. The top floor has 2-3 bedrooms and the first floor 2 bedrooms and Garden unit has 1 bedroom. Great location near Whole Foods Shopping Center (including Chipotle and Starbucks), PNC Bank, Kennedy-King College and local transportation L Station and 90/94 expressways. Easy to rent making a great investment property!

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
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B,F,I,N,P
  • Appliances Unit 3A,B,F,I,N,P
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60621

Listings in this Zip Code average: 3 to 4 units, and are priced at $166,877 to $161,799
This listing is 26% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Englewood

Listings in this Neighborhood average: 2 to 3 units, with average prices of $90,027 to $151,294
This listing is 39% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $34,800 Monthly $2,900
Rental Income Stabilized : Annual $34,800 Monthly $2,900
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,900$2,900
Year Total$34,800$34,800
Net Operating Income$21,792$21,792
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $2541 $7036 $9577 $799
Total         $2,541 $7,036 $9,577   $12,215 $2,541 $14,756
Stabilized         $2,541 $7,036 $9,577   $12,215 $2,541 $14,756
Custom         $2541 $7036 $9577   $12215 $2541 $14756

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Theresa Mueller
Listing Office: Trelleum LLC
336 S. Sleight Naperville

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