2 Flat 4501 Laporte Portage Park Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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2 Flat 4501 Laporte Portage Park Chicago IL Mu In

City: CHICAGO ZIP: 60630

Built In: 1891

Lot Size: K

Lot Dimensions: 40X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $OWNE

Unit 2 Floor 2: 2 bedrooms 1 baths $OWNE

Detailed Listing Description

2 Flat investment now available in prime location of Portage Park. Situated in an over sized corner lot. 1st floor offers 2brs, Living room, Dinning room, kitchen and full bath. 2nd floor 2brs, living room, kitchen and bath. Full partially finished basement with full bath, summer kitchen, family room. You don't have to worry about the hot summer days because each unit has it's own central air. Separate utilities. New siding installed 5 yrs ago. Sleep well knowing property offers flood control system. 3 Car Garage. Steps from E-Way, Blue Line, Night life entertainment. Bring your creative ideas to make this your diamond.

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces3
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Appliances Unit 1A,B,C,D,I
  • Appliances Unit 2A,B,I
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60630

Listings in this Zip Code average: 2 to 3 units, and are priced at $387,305 to $445,558
This listing is 20% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 12% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $27,804 Monthly $2,317
Rental Income Stabilized : Annual $35,520 Monthly $2,960
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,317$2,960
Year Total$27,804$35,520
Net Operating Income$14,838$22,554
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $3750 $10383 $14133 $1178
Total         $3,750 $10,383 $14,133   $705 $3,750 $4,455
Stabilized         $3,750 $10,383 $14,133   $8,421 $3,750 $12,171
Custom         $3750 $10383 $14133   $8421 $3750 $12171

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: William Mombela
Listing Office: RE/MAX City

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