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4 Flat 3900 Diversey Avondale Chicago IL Mu Inves

City: CHICAGO ZIP: 60647

Built In: 1891

Lot Size: A

Lot Dimensions: 25X125

# of Units: 4

Unit 1 Floor 1: 3 bedrooms 1 baths $1250

Unit 2 Floor 1: 1 bedrooms 1 baths $1050

Unit 3 Floor 2: 3 bedrooms 1 baths $1000

Unit 4 Floor 2: 1 bedrooms 1 baths $1100

Detailed Listing Description

Corner frame 4 unit across the street from Kosciuszko Park! Units consist of 2 large 1BD/1BTH and two 2BD/1BTH plus office/den apartments. Very well maintained building with new roof, updated electricity, copper plumbing, central air/heat and newer windows. All separate utilities. Partially finished basement with extra bedroom/bath, washer/dryer hookups, backyard and 2 car garage. Great location with increasing rents in the area. Renovations to Koz Park this year for a new dog park, improvements to field house, pool, baseball and soccer fields. Close to public transportation, shopping and all of Logan Square's cool bars and restaurants!

Contact Listing Agent

Weston Harding

Weston Harding

President & Managing Broker

X Plus Team Member

View ListingsContact Weston

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Tenant Pays Unit 3A
  • Tenant Pays Unit 4A
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: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 44% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 5% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $52,800 Monthly $4,400
Rental Income Stabilized : Annual $83,340 Monthly $6,945
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$635,0004$158,7505.07%12.031.09%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,400$6,945
Year Total$52,800$83,340
Expense
Total$20,623$20,623
Net Operating Income$32,177$62,717
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7683 $21275 $28958 $2414
Total         $7,683 $21,275 $28,958   $3,219 $7,683 $10,902
Stabilized         $7,683 $21,275 $28,958   $33,759 $7,683 $41,442
Custom         $7683 $21275 $28958   $33759 $7683 $41442




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1476,2502,4146281,7866281,7862,414
2475,6222,4146301,7841,2583,5704,828
3474,9922,4146331,7811,8915,3517,242
4474,3592,4146351,7792,5267,1309,656
5473,7242,4146381,7763,1648,90612,070
6473,0862,4146401,7743,80410,68014,484
7472,4462,4146421,7724,44612,45216,898
8471,8042,4146451,7695,09114,22119,312
9471,1592,4146471,7675,73815,98821,726
10470,5122,4146501,7646,38817,75224,140
11469,8622,4146521,7627,04019,51426,554
12469,2102,4146541,7607,69421,27428,968
13468,5562,4146571,7578,35123,03131,382

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