4 Flat 2857 Troy Avondale Chicago IL Mu Investmen| Chicago Property Listings – X Plus Real Estate

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4 Flat 2857 Troy Avondale Chicago IL Mu Investmen

City: CHICAGO ZIP: 60618

Built In: U

Lot Size: A

Lot Dimensions: 25X125

Lot Description: E

# of Units: 4

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $1800

Unit 3 Floor 1: 2 bedrooms 1 baths $725

Unit 4 Floor 2: 2 bedrooms 1 baths $OWNE

Detailed Listing Description

Big beautiful CLASSIC Chicago brick 4-unit bldg on corner lot in desirable Logandale Triangle - N of Diversey, E of Kedzie, S of the highway, 3.5 blk to Logan Sq blue line stop. Huge apartments with great updates & lots of vintage charm. Two x 3bed/1bath units in the front facing Troy with GIANT windows, sep living & dining rms, built in hutches. Two x 2bed/1bath units, side entrance on George. Original hardwood flooring, original wood staircases and railings, original trim, original doorknobs, original vintage sinks. FULL basement with high ceilings, 3 entrances, addtl full bath, laundry rm, & tons of storage. Pretty front stone patio & rear wood patio, 1-car brick garage & curb cut for parking. Lots of recent improvements & room for more. Just 2.5 blocks from Logan Blvd, easy access to 90/94, & walking distance to shops, farmers market, abundant green space, & restaurants (Chicago's newest "restaurant row" on Diversey) - all that Avondale & Logan Square have to offer.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces1
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • 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 Unit 1A,B,S
  • Appliances Unit 2A,B,S
  • Appliances Unit 3A,B,S
  • Appliances Unit 4A,B,S
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 10% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 35% more than other 4 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $48,300 Monthly $4,025
Rental Income Stabilized : Annual $77,964 Monthly $6,497
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,025$6,497
Year Total$48,300$77,964
Net Operating Income$17,114$46,778
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $10889 $30149 $41038 $3420
Total         $10,889 $30,149 $41,038   $-23,924 $10,889 $-13,035
Stabilized         $10,889 $30,149 $41,038   $5,740 $10,889 $16,629
Custom         $10889 $30149 $41038   $5740 $10889 $16629

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Michelle Liffick
Listing Office: Jameson Sotheby's Intl Realty
2850 N Albany #3N Chicago

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