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3 Flat 3154 Jackson East Garfield Park Chicago IL

City: CHICAGO ZIP: 60612

Built In: 1895

Lot Size: A

Lot Dimensions: 25X125

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Unit 3 Floor 3: 3 bedrooms 1 baths $0

Detailed Listing Description

Must see 3 flat in East Garfield Park on the beautiful, Jackson Blvd.; walk to Green or Blue Line Els, enjoy bike paths, Garfield Park Conservatory and the Golden Dome. Spacious and complete with recently added back decks, new roof complete tear off, shingles included; owner will throw in 2 different sets of architectural drawings, (Two duplex units, or two apartments with duplexed basement and first floor) waiting for your rehab ideas. Potential to purchase adjoining lots.....Must see to fully appreciate.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Tenant Pays Unit 3A
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Appliances Unit 3O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60612

Listings in this Zip Code average: 2 to 3 units, and are priced at $326,800 to $381,361
This listing is 34% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - East Garfield Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $163,212 to $277,575
This listing is 10% more than other 3 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 $45,302 Monthly $3,775
Rental Income Stabilized : Annual $56,628 Monthly $4,719
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$250,0003$83,33311.77%5.521.89%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,775$4,719
Year Total$45,302$56,628
Expense
Total$15,871$15,871
Net Operating Income$29,431$40,757
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3025 $8376 $11401 $951
Total         $3,025 $8,376 $11,401   $18,030 $3,025 $21,055
Stabilized         $3,025 $8,376 $11,401   $29,356 $3,025 $32,381
Custom         $3025 $8376 $11401   $29356 $3025 $32381




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1187,500951248703248703951
2187,2529512497024971,4051,902
3187,0039512507017462,1072,853
4186,7549512517009972,8073,804
5186,5039512526991,2493,5064,755
6186,2519512536981,5014,2055,706
7185,9999512546971,7554,9026,657
8185,7459512546972,0095,5997,608
9185,4919512556962,2656,2948,559
10185,2359512566952,5216,9899,510
11184,9799512576942,7787,68310,461
12184,7229512586933,0378,37511,412
13184,4639512596923,2969,06712,363

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Listing Agent: Geraldine Blair
Listing Office: Coldwell Banker Residential
321 N. Central Park Avenue Chicago

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