2 Flat 14214 Lincoln Dolton IL Mu| Chicago Property Listings – X Plus Real Estate

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2 Flat 14214 Lincoln Dolton IL Mu

City: DOLTON ZIP: 60419

Built In: 1929

Lot Size: B

Lot Description: E

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $850

Unit 2 Floor 2: 3 bedrooms 1 baths $850

Detailed Listing Description

Calling all Investors and Rehabbers!! This 2 unit building w/basement sits on an extra large corner lot and is fully occupied. Tenants have been there since 2004 and 2005. Unit 1 is a 3bedroom,1 bath and Unit 2 is 2 bedroom,1 bath. Seller is motivated! All offers will be considered.SOLD-AS-IS

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
Schools
  • Grade School District148
  • Jr High/Middle School District148
  • High School District205

Comparative Data

Zip Code Comparison: 60419

Listings in this Zip Code average: 3 to 4 units,


Calculated Rents
Rental Income : Annual $1,700 Monthly $142
Rental Income Stabilized : Annual $1,900 Monthly $158
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$75,0002$37,500-15.44%44.122.53%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$142$158
Year Total$1,700$1,900
Expense
Total$13,280$13,280
Net Operating Income$-11,580$-11,380
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $908 $2513 $3421 $286
Total         $908 $2,513 $3,421   $-15,001 $908 $-14,093
Stabilized         $908 $2,513 $3,421   $-14,801 $908 $-13,893
Custom         $908 $2513 $3421   $-14801 $908 $-13893




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
156,2502867521175211286
256,17528675211150422572
356,10028676210226632858
456,024286762103028421,144
555,948286762103781,0521,430
655,872286762104551,2611,716
755,795286772095311,4712,002
855,719286772096081,6802,288
955,642286772096861,8882,574
1055,564286782087632,0972,860
1155,487286782088412,3053,146
1255,409286782089202,5123,432
1355,330286792079982,7203,718

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Listing Agent: Erica Bugarin
Listing Office: Smart Home Realty
226 Windsor Drive Bolingbrook

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