4 Flat 1460 Cuyler Lake View Chicago IL Mu Invest| Chicago Property Listings – X Plus Real Estate

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4 Flat 1460 Cuyler Lake View Chicago IL Mu Invest

City: CHICAGO ZIP: 60613

Built In: U

Lot Size: A

Lot Dimensions: 50 X 60

Lot Description: H

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $900

Unit 3 Floor 3: 2 bedrooms 1 baths $750

Unit 4 Floor B: 2 bedrooms 1 baths $750

Detailed Listing Description

Legal Brick 4 flat in Lake View Township Area. Outstanding Location!!! Close to public schools. Two bedrooms each unit. Great Investment home. Live in one unit and collect rents to offset your mortgage payment. Rents are low.

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
Utilities
  • Tenant Pays Unit 1B,C,F,G,H
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
  • Tenant Pays Unit 4B,C
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • Appliances Unit 4A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60613

Listings in this Zip Code average: 2 to 3 units, and are priced at $750,873 to $1,005,200
This listing is 12% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lake View

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,039,522 to $1,694,786
This listing is 42% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $28,800 Monthly $2,400
Rental Income Stabilized : Annual $72,672 Monthly $6,056
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$980,0004$245,000-0.99%34.030.62%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,400$6,056
Year Total$28,800$72,672
Expense
Total$38,507$38,507
Net Operating Income$-9,707$34,165
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $11858 $32833 $44691 $3725
Total         $11,858 $32,833 $44,691   $-54,398 $11,858 $-42,540
Stabilized         $11,858 $32,833 $44,691   $-10,526 $11,858 $1,332
Custom         $11858 $32833 $44691   $-10526 $11858 $1332




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1735,0003,7259692,7569692,7563,725
2734,0313,7259722,7531,9415,5097,450
3733,0593,7259762,7492,9178,25811,175
4732,0833,7259802,7453,89711,00314,900
5731,1033,7259832,7424,88013,74518,625
6730,1203,7259872,7385,86716,48322,350
7729,1333,7259912,7346,85819,21726,075
8728,1423,7259942,7317,85221,94829,800
9727,1483,7259982,7278,85124,67433,525
10726,1493,7251,0022,7239,85327,39737,250
11725,1473,7251,0062,71910,85830,11740,975
12724,1423,7251,0092,71611,86832,83244,700
13723,1323,7251,0132,71212,88135,54448,425

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Listing Agent: Virginia Moran
Listing Office: United Brokers of Illinois

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