3 Flat 918 Mozart West Town Chicago IL Mu Investm| Chicago Property Listings – X Plus Real Estate

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3 Flat 918 Mozart West Town Chicago IL Mu Investm

City: CHICAGO ZIP: 60622

Built In: 1885

Lot Size: L

Lot Dimensions: 25X125

Lot Description: H

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $1250

Unit 2 Floor 2: 2 bedrooms 1 baths $1250

Unit 3 Floor 3: 2 bedrooms 1 baths $1200

Gross Income $44,400

Detailed Listing Description

Legal/Conforming gorgeous brick A-frame 3-unit in prime west Ukrainian Village / California-Augusta corridor location. Steps to Sodikoff's CC Ferns coffee shop & live music lounge - the California Clipper plus other shops & restaurants like famous soda shop, Spinning J, all near Augusta/California. Lots of updates including: Roof from 2005, updated plumbing, New Front and back landscaping, fencing, and new concrete parking pad with gate. All units have brand new stainless steel appliances, counter tops, and new W/D and AC condensers for all units. Tankless water heater in units #2 + #3. Is a turn key investment property in HOT location! Broker owned.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D,E
  • Tenant Pays Unit 3B,C,D,E
  • Appliances Unit 1A,B,C,D,E,F,I,P,S
  • Appliances Unit 2A,B,C,D,E,F,I,N,P,S
  • Appliances Unit 3A,B,C,D,E,F,I,N,P,R,S
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 33% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 30% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $44,400 Monthly $3,700
Rental Income Stabilized : Annual $63,144 Monthly $5,262
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,700$5,262
Year Total$44,400$63,144
Net Operating Income$24,007$42,751
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $7442 $20605 $28047 $2338
Total         $7,442 $20,605 $28,047   $-4,040 $7,442 $3,402
Stabilized         $7,442 $20,605 $28,047   $14,704 $7,442 $22,146
Custom         $7442 $20605 $28047   $14704 $7442 $22146

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Elena Theodoros
Listing Office: @properties
758 N Larrabee St. Unit #706 Chicago

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