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2 Flat 4749 London Portage Park Chicago IL Mu Inv

City: CHICAGO ZIP: 60630

Built In: 1902

Lot Size: A

Lot Dimensions: 40X128

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Location, location, location, in the heart of Jefferson Park. Pride of ownership shows in this immaculately maintained 2-unit, extra wide lot property on quite street in Jefferson Park. Walking distance Jeff Park train/bus station, Metra, 90/94, stores and restaurants Units are spacious. Perfect for a live in owner + income unit or rent out both. Pristine condition! Unit #1 2BR, large living room/dining room with high ceilings, back porch sun room. Bonus large walk in closet. Unit #2: owner-occupied featuring, large living room, dining room, and family room. 3 bedrooms, 1 bath. Newer windows & garage. Basement has tons storage, plus additional kitchen, half bath and laundry area with utilities separated for each unit. Back yard boast paver patio and beautiful flower beds.

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 1I
  • Tenant Pays Unit 2I
Appliances
  • Appliances Unit 1A,B,J,Q
  • Appliances Unit 2A,B,C,D,F,J,N
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60630

Listings in this Zip Code average: 2 to 3 units, and are priced at $387,305 to $445,558
This listing is 23% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 34% 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 $30,336 Monthly $2,528
Rental Income Stabilized : Annual $37,920 Monthly $3,160
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$475,0002$237,5003.38%15.660.67%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,528$3,160
Year Total$30,336$37,920
Expense
Total$14,283$14,283
Net Operating Income$16,053$23,637
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5748 $15914 $21662 $1806
Total         $5,748 $15,914 $21,662   $-5,609 $5,748 $139
Stabilized         $5,748 $15,914 $21,662   $1,975 $5,748 $7,723
Custom         $5748 $15914 $21662   $1975 $5748 $7723




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1356,2501,8064701,3364701,3361,806
2355,7801,8064721,3349422,6703,612
3355,3081,8064741,3321,4154,0035,418
4354,8351,8064751,3311,8915,3337,224
5354,3591,8064771,3292,3686,6629,030
6353,8821,8064791,3272,8477,98910,836
7353,4031,8064811,3253,3289,31412,642
8352,9221,8064831,3233,81010,63814,448
9352,4401,8064841,3224,29511,95916,254
10351,9551,8064861,3204,78113,27918,060
11351,4691,8064881,3185,26914,59719,866
12350,9811,8064901,3165,75915,91321,672
13350,4911,8064921,3146,25017,22823,478

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Listing Agent: Pamela Raia
Listing Office: Baird & Warner
6020 N Knox Chicago

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