4 Flat 3659 Diversey Logan Square Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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4 Flat 3659 Diversey Logan Square Chicago IL Mu I

City: Chicago ZIP: 60647

Built In: 1924

Lot Size: A

Lot Dimensions: 33 X 125

# of Units: 4

Unit 1 Floor 1: 0 bedrooms 0 baths $900

Unit 2 Floor 1: 2 bedrooms 1 baths $1220

Unit 3 Floor 2: 2 bedrooms 1 baths $1120

Unit 4 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Opportunity with this three unit and storefront mixed-use building on extra wide lot fronting high traffic Diversey. Tenants and walk to Koz Park, businesses like The Burlington, Brew Brew and The Fields Lofts with Cermak Fresh Market. Building in need of upgrades but solidly constructed with great bones.

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
  • Tenant Pays Unit 2B
  • Tenant Pays Unit 3B
  • Tenant Pays Unit 4B
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • Appliances Unit 4A,B
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 35% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 44% more than other 4 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $38,880 Monthly $3,240
Rental Income Stabilized : Annual $69,312 Monthly $5,776
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,240$5,776
Year Total$38,880$69,312
Net Operating Income$11,107$41,539
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $8954 $24792 $33746 $2813
Total         $8,954 $24,792 $33,746   $-22,639 $8,954 $-13,685
Stabilized         $8,954 $24,792 $33,746   $7,793 $8,954 $16,747
Custom         $8954 $24792 $33746   $7793 $8954 $16747

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Stephen Schneider
Listing Office: Urban Real Estate
2935 W. Logan Blvd Chicago

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