2 Flat 4039 Austin Portage Park Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 4039 Austin Portage Park Chicago IL Mu Inv

City: Chicago ZIP: 60634

Built In: 1921

Lot Size: L

Lot Dimensions: 30 X 125

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1700

Unit 2 Floor 2: 2 bedrooms 1 baths $1400

Detailed Listing Description

BRICK 2 FLAT /BRICK GARAGE PROFESSIONAL REHABBED FROM TOP TO BOTTOM IN 2014, EACH UNIT WAS GUTTED. EACH UNIT HAS ALL STAINLESS STEEL APPLIANCES PLUS WASHER/DRYER IN THE UNIT. OPEN FLOOR PLAN ENTRANCE EACH UNIT HARDWOOD FLOORS THROUGH OUT, KITCHEN WITH MAPLE CABINETS, GRANITE COUNTERS ,RECESS LIGHTING, BATHROOM WITH WHIRLPOOL . NEWER STAIRWAY FRONT AND BACK. 2 CAR BRICK GARAGE PLUS ADDITIONAL GATED SIDE APRON FOR PARKING. BASEMENT WITH RELATED LIVING SPACE . 24 HOURS NOTICE. MUST SEE TO APPRECIATE THIS BEAUTY.

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces1
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D,E
  • Tenant Pays Unit 2B,C,D,E
Appliances
  • Appliances Unit 1A,B,C,D,E,F
  • Appliances Unit 2A,B,C,D,E,F
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60634

Listings in this Zip Code average: 2 to 3 units, and are priced at $329,214 to $451,036
This listing is 61% 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 50% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $37,200 Monthly $3,100
Rental Income Stabilized : Annual $30,792 Monthly $2,566
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$528,9002$264,4503.66%14.220.49%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,100$2,566
Year Total$37,200$30,792
Expense
Total$17,826$17,826
Net Operating Income$19,374$12,966
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6400 $17720 $24120 $2010
Total         $6,400 $17,720 $24,120   $-4,746 $6,400 $1,654
Stabilized         $6,400 $17,720 $24,120   $-11,154 $6,400 $-4,754
Custom         $6400 $17720 $24120   $-11154 $6400 $-4754




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1396,6752,0105221,4885221,4882,010
2396,1532,0105241,4861,0472,9734,020
3395,6282,0105261,4841,5734,4576,030
4395,1022,0105281,4822,1025,9388,040
5394,5732,0105301,4802,6327,41810,050
6394,0432,0105321,4783,1648,89612,060
7393,5112,0105341,4763,69910,37114,070
8392,9762,0105361,4744,23511,84516,080
9392,4402,0105381,4724,77313,31718,090
10391,9022,0105401,4705,31414,78620,100
11391,3612,0105421,4685,85616,25422,110
12390,8192,0105441,4666,40117,71924,120
13390,2742,0105461,4646,94719,18326,130

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Listing Agent: Ana Lozano
Listing Office: Homesmart Connect LLC
3251 N. NARRAGANSETT CHICAGO

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