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 64% 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 53% 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
$539,0002$269,5003.59%14.490.48%
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 $6522 $18058 $24580 $2049
Total         $6,522 $18,058 $24,580   $-5,206 $6,522 $1,316
Stabilized         $6,522 $18,058 $24,580   $-11,614 $6,522 $-5,092
Custom         $6522 $18058 $24580   $-11614 $6522 $-5092




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1404,2502,0495331,5165331,5162,049
2403,7172,0495351,5141,0683,0304,098
3403,1822,0495371,5121,6054,5426,147
4402,6452,0495391,5102,1446,0528,196
5402,1062,0495411,5082,6857,56010,245
6401,5652,0495431,5063,2299,06512,294
7401,0212,0495451,5043,77410,56914,343
8400,4762,0495471,5024,32112,07116,392
9399,9292,0495491,5004,87013,57118,441
10399,3802,0495511,4985,42115,06920,490
11398,8292,0495531,4965,97516,56422,539
12398,2752,0495551,4946,53018,05824,588
13397,7202,0495581,4917,08819,54926,637

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

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