3 Flat 5511 Dakin Portage Park Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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3 Flat 5511 Dakin Portage Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60641

Built In: 1924

Lot Size: L

Lot Dimensions: 25 X 125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $FAM

Unit 2 Floor 2: 2 bedrooms 1 baths $OWN

Unit 3 Floor B: 1 bedrooms 1 baths $0

Detailed Listing Description

WOW!!! COME GET THIS PORTAGE PARK BEAUTY!!! THIS COMPLETELY REHABBED BRICK 2 FLAT WITH A 1BR INLAW IN BSMT. MAIN UNITS DISPLAY GREAT QUALITY CRAFTSMANSHIP IN DETAIL WORK THROUGHOUT, WITH LARGE SIZED LIVING AND DINING ROOMS, 2BRS/1BTH, QUALITY VINYL LAMINATE FLOORING, NEW WINDOWS, NEW ELECTRICAL, NEW PLUMBING, GREAT HUGE KITCHENS WITH AMPLE CABINETRY, QUARTZ COUNTERTOPS, HIGH END STAINLESS STEEL APPLIANCES, NEW SEP GFA HEAT/CA UNITS. THE 1BR INLAW UNIT HAS SEP ENTRANCES AND IS FINISHED WITH SAME GREAT QUALITY. GREAT LOCATION WITH THE PARK ONLY ONE BLOCK AWAY! NICE SIZED YARD WITH BRK PATIO PAVING THAT LEADS TO A NEW 2 CAR GARAGE. SUPER GREAT BUILDING! ALL CONVENIENCES NEARBY! EASY CTA TRANSPORTATION, INDOOR SWIMMING POOL AT THE PARK, TENNIS COURTS, ARTS & CRAFTS, ETC. PROPERTY IS FAMILY OCCUPIED AND WILL BE VACANT AT CLOSING.

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Tenant Pays Unit 3J
Appliances
  • Appliances Unit 1A,B,C,D,E,I,Q
  • Appliances Unit 2A,B,C,D,E,I,P,Q
  • Appliances Unit 3A,B,E,F,I,Q,U
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • 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 33% more than other 3 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 25% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $26,340 Monthly $2,195
Rental Income Stabilized : Annual $29,712 Monthly $2,476
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$575,0003$191,6670.96%21.830.43%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,195$2,476
Year Total$26,340$29,712
Expense
Total$20,796$20,796
Net Operating Income$5,544$8,916
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6958 $19264 $26222 $2186
Total         $6,958 $19,264 $26,222   $-20,678 $6,958 $-13,720
Stabilized         $6,958 $19,264 $26,222   $-17,306 $6,958 $-10,348
Custom         $6958 $19264 $26222   $-17306 $6958 $-10348




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1431,2502,1865691,6175691,6172,186
2430,6812,1865711,6151,1403,2324,372
3430,1102,1865731,6131,7134,8456,558
4429,5372,1865751,6112,2886,4568,744
5428,9622,1865771,6092,8658,06510,930
6428,3852,1865801,6063,4459,67113,116
7427,8052,1865821,6044,02711,27515,302
8427,2232,1865841,6024,61112,87717,488
9426,6392,1865861,6005,19714,47719,674
10426,0532,1865881,5985,78516,07521,860
11425,4652,1865911,5956,37617,67024,046
12424,8742,1865931,5936,96819,26426,232
13424,2822,1865951,5917,56320,85528,418

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Listing Agent: Rogelio Castro
Listing Office: Area Real Estate, LLC
3740 Elder Lane Schiller Park

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