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2 Flat 5415 Roscoe Portage Park Chicago IL Mu Inv

City: CHICAGO ZIP: 60641

Built In: 1925

Lot Size: A

Lot Dimensions: 34X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $800

Unit 2 Floor 2: 2 bedrooms 1 baths $800

Detailed Listing Description

Beautifully maintained solid 2 flat with finished basement in sought-after location. Both units feature two bedrooms, enclosed heated porches (used as 3rd bdrm), hardwood floors, large eat-in kitchen with walk-in pantry, full bath & living room. Finished walk-out basement with two entrances, full bath. 2nd floor apt has updated kitchen with newer refrigerator. Other updates include: Replaced windows thru-out & tuck pointing (2015). Lovely fenced backyard & lots of perennials. Steps to Chopin Park with playground, tennis courts & variety of preschool & after school activities. Walking distance to school, public transportation & shopping. Great investment, or spacious family home. Best Value! All units rented with long term tenants, can be bought vacant or with tenants!!! Rents have been raised once in the past 13 years!!!

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,D
  • Tenant Pays Unit 2B,D
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Grade School District81
  • Jr High/Middle School District81
  • High School District81

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units, and are priced at $374,501 to $433,229
This listing is 9% 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 15% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $19,200 Monthly $1,600
Rental Income Stabilized : Annual $29,712 Monthly $2,476
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,600$2,476
Year Total$19,200$29,712
Net Operating Income$1,979$12,491
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $4931 $13653 $18584 $1549
Total         $4,931 $13,653 $18,584   $-16,605 $4,931 $-11,674
Stabilized         $4,931 $13,653 $18,584   $-6,093 $4,931 $-1,162
Custom         $4931 $13653 $18584   $-6093 $4931 $-1162

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Andriy Diatkovych
Listing Office: Kolo Real Estate Group
622 N. Rockwell #202 Chicago

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