3 Flat 1708 Sedgwick Lincoln Park Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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3 Flat 1708 Sedgwick Lincoln Park Chicago IL Mu I

City: CHICAGO ZIP: 60614

Built In: 1888

Lot Size: A

Lot Dimensions: 25 X 144

Lot Description: H

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 2 baths $OWN

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor 1: 1 bedrooms 1 baths $0

Detailed Listing Description

This historic brick Victorian home, in the heart of Old Town, is simply magnificent. Upon entering, guests are treated to a modern remodel that includes central air, dark hardwood floors, vintage details, tall ceilings, ample natural light, skylights, and a gorgeous staircase. The rooms are spacious and comfortable. The kitchen is complete with quartz countertops, stainless steel appliances, breakfast area, island, and butler's pantry. The beauty continues upstairs to the master bedroom and bath. The master bath has a spa-like soaking tub, separate shower, and double sink - a prefect respite after a long day. An attached two car garage and separate, completely renovated coachhouse complete the package. The coachhouse, located on Fern Court, can be used as one large or two separate units. The space has many possibilities - rent it for income or use as an extended family in-law residence. The roomy and beautiful backyard/courtyard boasts view of historic Saint Michael's steeple.

Additional Property Details

Garage & Parking
  • Gargage DetailsE
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeA
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
  • Tenant Pays Unit 3J
  • Appliances Unit 1A,B,C,D,E,I,M,Q,S,T
  • Appliances Unit 2A,B,C,D,E,I,S,T
  • Appliances Unit 3I,S
  • Grade SchoolLincoln Elementary School
  • Grade School District299
  • Jr High/Middle SchoolLincoln Elementary School
  • Jr High/Middle School District299
  • High SchoolLincoln Park High School
  • 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 100% more than other 3 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 87% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $32,400 Monthly $2,700
Rental Income Stabilized : Annual $83,016 Monthly $6,918
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,700$6,918
Year Total$32,400$83,016
Net Operating Income$372$50,988
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $33866 $93774 $127640 $10637
Total         $33,866 $93,774 $127,640   $-127,268 $33,866 $-93,402
Stabilized         $33,866 $93,774 $127,640   $-76,652 $33,866 $-42,786
Custom         $33866 $93774 $127640   $-76652 $33866 $-42786

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Dawn McKenna
Listing Office: Coldwell Banker Residential
8 E Hinsdale Ave. Hinsdale

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