2 Flat 3027 Davlin Avondale Chicago IL Mu Investm| Chicago Property Listings – X Plus Real Estate

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2 Flat 3027 Davlin Avondale Chicago IL Mu Investm

City: CHICAGO ZIP: 60618

Built In: U

Lot Size: A

Lot Dimensions: 30/125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1000

Unit 2 Floor 2: 2 bedrooms 1 baths $1000

Detailed Listing Description

Priced to sell! Beautiful 2-unit brick building with basement. Don't miss the opportunity to own an investment property in the hot Avondale neighborhood! Two blocks to CTA bus, ten minutes to the expressway, CTA train and Metra. Short walk to grocery stores, fitness center and nearby parks. Detached 2-car garage.

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
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 22% more than other 2 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 15% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $24,000 Monthly $2,000
Rental Income Stabilized : Annual $35,196 Monthly $2,933
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$374,9002$187,4502.15%15.620.78%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,000$2,933
Year Total$24,000$35,196
Expense
Total$15,937$15,937
Net Operating Income$8,063$19,259
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4536 $12561 $17097 $1425
Total         $4,536 $12,561 $17,097   $-9,034 $4,536 $-4,498
Stabilized         $4,536 $12,561 $17,097   $2,162 $4,536 $6,698
Custom         $4536 $12561 $17097   $2162 $4536 $6698




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1281,1751,4253711,0543711,0541,425
2280,8041,4253721,0537432,1072,850
3280,4321,4253731,0521,1163,1594,275
4280,0591,4253751,0501,4914,2095,700
5279,6841,4253761,0491,8675,2587,125
6279,3081,4253781,0472,2456,3058,550
7278,9301,4253791,0462,6247,3519,975
8278,5511,4253801,0453,0048,39611,400
9278,1711,4253821,0433,3869,43912,825
10277,7891,4253831,0423,76910,48114,250
11277,4061,4253851,0404,15411,52115,675
12277,0211,4253861,0394,54012,56017,100
13276,6351,4253881,0374,92813,59718,525

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Listing Agent: Maria Rivera
Listing Office: RE/MAX Premier
4254 N. Tripp Chicago

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