2 Flat 2721 Marshfield Lincoln Park Chicago IL Mu| Chicago Property Listings – X Plus Real Estate

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2 Flat 2721 Marshfield Lincoln Park Chicago IL Mu

City: CHICAGO ZIP: 60614

Built In: U

Lot Size: L

Lot Dimensions: 25 X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $VAC

Unit 2 Floor 2: 2 bedrooms 1 baths $1600

Detailed Listing Description

Amazing investment opportunity on a great Lincoln Park block! The building currently consists of two bright and charming units. The main level unit has been immaculately maintained with high-end upgrades throughout to include a remodeled kitchen with all stainless appliances and granite countertops plus a remodeled bath. Two bedrooms plus den, one bathroom, and a super sunny living area complete this level. The top unit has great space to personalize with two bedrooms, updated bathroom, a spacious living room and kitchen. The basement and attic space provide ample room for storage or expansion. Building upgrades/improvements include newer windows, roof, HVAC, electrical, plumbing, laundry, plus so much more! The building sits on a full sized lot with generously sized outdoor space plus a two car garage.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A,I
  • Appliances Unit 1B,X
  • Appliances Unit 2B,E,F,X
  • Grade School District299
  • Jr High/Middle School District299
  • 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 8% more than other 2 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 1% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $38,472 Monthly $3,206
Rental Income Stabilized : Annual $47,844 Monthly $3,987
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,206$3,987
Year Total$38,472$47,844
Net Operating Income$16,555$25,927
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $9063 $25094 $34157 $2847
Total         $9,063 $25,094 $34,157   $-17,602 $9,063 $-8,539
Stabilized         $9,063 $25,094 $34,157   $-8,230 $9,063 $833
Custom         $9063 $25094 $34157   $-8230 $9063 $833

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Emily Sachs Wong
Listing Office: @properties
2246 N Burling Chicago

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