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2 Flat 45 Latrobe Austin Chicago IL Mu Investment

City: CHICAGO ZIP: 60644

Built In: 1903

Lot Size: A

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 2: 2 bedrooms 2 baths $N/A

Unit 2 Floor 1: 3 bedrooms 1 baths $N/A

Detailed Listing Description

Beautiful remodeled brick 2 flat building in the Austin area. First floor unit is a 4 bedroom, 2 full bath duplex down. Hardwood floors, separate living/dinning room, plenty of closet space, eat in kitchen w/ plenty cabinet space. 2nd floor is a 3 bedroom, 1 bath, sep liv/ din rm with hardwood flrs, neat in kitchen, with appliances.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces4
  • Parking on SiteY
  • Parking OwnershipN
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60644

Listings in this Zip Code average: 2 to 3 units, and are priced at $150,355 to $180,494
This listing is 13% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Austin

Listings in this Neighborhood average: 2 to 3 units, with average prices of $173,150 to $193,648
This listing is 2% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $16,500 Monthly $1,375
Rental Income Stabilized : Annual $15,000 Monthly $1,250
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,375$1,250
Year Total$16,500$15,000
Net Operating Income$2,548$1,048
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $2057 $5696 $7753 $647
Total         $2,057 $5,696 $7,753   $-5,205 $2,057 $-3,148
Stabilized         $2,057 $5,696 $7,753   $-6,705 $2,057 $-4,648
Custom         $2057 $5696 $7753   $-6705 $2057 $-4648

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Tyson Davison
Listing Office: Davison Realty
2816 W.85th St. Chicago

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