2 Flat 1858 Sedgwick Lincoln Park Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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2 Flat 1858 Sedgwick Lincoln Park Chicago IL Mu I

City: Chicago ZIP: 60614

Built In: 1884

Lot Size: A

Lot Dimensions: 100 X 24.5

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $0

Unit 2 Floor 3: 3 bedrooms 1 baths $2200

Detailed Listing Description

Incredible updated home on corner lot in desirable East Lincoln Park. The first two stories include 3 bedrooms and 3 baths, and serve as the main residence. The 3rd story is a 3 bedroom, 2 bath apartment with a separate entrance. Home truly shows as a Single Family with a Bonus apartment on the top floor. Highlights include an airy, open floor plan that shines with natural light, walnut floors, 13 ft ceiling on main floor and 10 ft ceiling on remaining floors. Floor to ceiling windows in the main residence kitchen with Miele oven/microwave/dishwasher and walk-in pantry. Luxurious master suite with sitting area, fireplace and custom walk-in closet. Master bath includes heated flooring, Dornbracht fixtures and a Hastings soaking tub. Laundry located on 2nd story in main residence. 2 car garage with large roof top deck. The main residence is a state of the art smart home. The rent from the separate apartment covers your yearly taxes and then some! Home is not landmarked!

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeA
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1A,B,C,D,E,F,G,I,L,M,N,S,U,W,X
  • Appliances Unit 2A,B,C,D,E,F,G,I,M,S,T,U
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60614

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,397,655 to $1,464,000
This listing is 208% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lincoln Park

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,494,179 to $1,560,429
This listing is 230% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $26,400 Monthly $2,200
Rental Income Stabilized : Annual $66,816 Monthly $5,568
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$2,499,9992$1,250,000-0.33%94.700.22%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,200$5,568
Year Total$26,400$66,816
Expense
Total$34,548$34,548
Net Operating Income$-8,148$32,268
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $30249 $83757 $114006 $9501
Total         $30,249 $83,757 $114,006   $-122,154 $30,249 $-91,905
Stabilized         $30,249 $83,757 $114,006   $-81,738 $30,249 $-51,489
Custom         $30249 $83757 $114006   $-81738 $30249 $-51489




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
11,875,0009,5012,4707,0312,4707,0319,501
21,872,5309,5012,4797,0224,94914,05319,002
31,870,0519,5012,4887,0137,43721,06628,503
41,867,5639,5012,4987,0039,93528,06938,004
51,865,0659,5012,5076,99412,44235,06347,505
61,862,5589,5012,5166,98514,95842,04857,006
71,860,0429,5012,5266,97517,48449,02366,507
81,857,5169,5012,5356,96620,01955,98976,008
91,854,9819,5012,5456,95622,56462,94585,509
101,852,4369,5012,5546,94725,11869,89295,010
111,849,8829,5012,5646,93727,68276,829104,511
121,847,3189,5012,5746,92730,25683,756114,012
131,844,7449,5012,5836,91832,83990,674123,513

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Listing Agent: Jennifer Rozenberg
Listing Office: @properties
8819 Lowell Terrace Skokie

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