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3 Flat 2443 California Logan Square Chicago IL Mu

City: CHICAGO ZIP: 60647

Built In: U

Lot Size: A

Lot Dimensions: 25X125

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $1940

Unit 2 Floor 1: 3 bedrooms 1 baths $1990

Unit 3 Floor G: 1 bedrooms 1 baths $1375

Detailed Listing Description

Perfect turn key investment opportunity in Logan Square, just steps from the bustling Milwaukee Avenue corridor. A short walk to the Blue Line Train at California, and easy access to the 90/94 expressway. This beautiful 3 Unit Greystone, consists of (2) 3 bedroom, 1 bathroom units, and (1) 1 bedroom, 1 bathroom in law suite. All units have spacious layouts with designated living and dining areas, fully equipped kitchens with newer appliances and large pantries, and shared coin laundry in the basement. Large common patio ideal for grilling or outdoor relaxing, and a detached two car garage at the rear of the building.

Additional Property Details

Garage & Parking
  • Gargage DetailsB
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3C,D
  • Appliances Unit 1A,B,E,F,I
  • Appliances Unit 2A,B,E,F,I
  • Appliances Unit 3A,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 17% more than other 3 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 5% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $63,660 Monthly $5,305
Rental Income Stabilized : Annual $62,592 Monthly $5,216
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$5,305$5,216
Year Total$63,660$62,592
Net Operating Income$39,068$38,000
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $8772 $24290 $33062 $2756
Total         $8,772 $24,290 $33,062   $6,006 $8,772 $14,778
Stabilized         $8,772 $24,290 $33,062   $4,938 $8,772 $13,710
Custom         $8772 $24290 $33062   $4938 $8772 $13710

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Owen Duffy
Listing Office: Fulton Grace Realty
9625 S Parkside Ave. Oak Lawn

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