4 Flat 4027 KILbourn Irving Park Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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4 Flat 4027 KILbourn Irving Park Chicago IL Mu In

City: CHICAGO ZIP: 60641

Built In: 1916

Lot Size: A

Lot Dimensions: 4,725 SF

Lot Description: H

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor 1: 2 bedrooms 1 baths $0

Unit 4 Floor 2: 1 bedrooms 1 baths $0

Detailed Listing Description

In the heart of the Old Irving Park neighborhood sits this sun-filled, one-of-a-kind 4 unit (plus in-law) property. Front vintage building has 2 large units with sun-rooms and breakfast nooks. At the rear of the lot, sits a pleasant surprise.....a 2 unit house with a full basement equipped with washer & dryer, for a total of 5 potential incomes!! You may consider converting one to a single family home and keep the other for income or duplex down with the 1st floor unit!! Endless possibilities with this one-of-a-kind property. All units have separate utilities & individual central a/c. Ideally located to transportation, expressways, restaurants, shopping and Independence Park!! I urge you not to miss this opportunity in the rapidly developing area!!

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces1
  • Parking on SiteY
  • Parking OwnershipN
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Tenant Pays Unit 4B,C,D
Appliances
  • Appliances Unit 1A,B,F,I,S
  • Appliances Unit 2A,B,I,Q,S,U
  • Appliances Unit 3A,B,I,S
  • Appliances Unit 4A,B,I
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolTAFT HIGH SCHOOL
  • High School District299

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 28% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 13% more than other 4 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 $46,080 Monthly $3,840
Rental Income Stabilized : Annual $57,600 Monthly $4,800
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$724,9004$181,2252.39%15.730.66%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,840$4,800
Year Total$46,080$57,600
Expense
Total$28,760$28,760
Net Operating Income$17,320$28,840
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $8771 $24286 $33057 $2755
Total         $8,771 $24,286 $33,057   $-15,737 $8,771 $-6,966
Stabilized         $8,771 $24,286 $33,057   $-4,217 $8,771 $4,554
Custom         $8771 $24286 $33057   $-4217 $8771 $4554




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1543,6752,7557162,0397162,0392,755
2542,9592,7557192,0361,4354,0755,510
3542,2402,7557222,0332,1576,1088,265
4541,5182,7557242,0312,8818,13911,020
5540,7942,7557272,0283,60810,16713,775
6540,0672,7557302,0254,33812,19216,530
7539,3372,7557322,0235,07014,21519,285
8538,6052,7557352,0205,80616,23422,040
9537,8692,7557382,0176,54418,25124,795
10537,1312,7557412,0147,28420,26627,550
11536,3912,7557442,0118,02822,27730,305
12535,6472,7557462,0098,77424,28633,060
13534,9012,7557492,0069,52326,29235,815

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Listing Agent: Maria DelBoccio
Listing Office: @properties

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