2 Flat 2721 Central Park Logan Square Chicago IL | Chicago Property Listings – X Plus Real Estate

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2 Flat 2721 Central Park Logan Square Chicago IL

City: CHICAGO ZIP: 60647

Built In: 1901

Lot Size: K

Lot Dimensions: 45 X 125

Lot Description: H,L

# of Units: 2

Unit 1 Floor 1: 5 bedrooms 2 baths $2900

Unit 2 Floor 2: 4 bedrooms 2 baths $3000

Gross Income $72,000

Detailed Listing Description

Beautifully renovated, resident occupied two-flat featuring spacious duplexes in the heart of Logan Square! Tremendous rental income opportunity! These well maintained 5 bedroom, 2 bathroom and 4 bedroom, 2.5 bathroom duplexes feature: Smart Home App to control Keyless Locks & the Smart Thermostats, WaterSense Plumbing Fixtures, LED Lighting, Energy Star Rated Stainless Steel Appliances, Hardwood Floors, Quartz Countertops, In-Unit Washer/Dryers, Fenced-In Yard, and Spacious Garage! Located within arm's reach of wonderful schools, famous restaurants, and public transportation. An investor's dream! Don't wait - property won't last!

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 1J
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1A,B,C,D,E,F,I,N,U
  • Appliances Unit 2A,B,C,D,E,F,I,N,Q,U
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 64% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 58% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $70,800 Monthly $5,900
Rental Income Stabilized : Annual $70,800 Monthly $5,900
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$849,0002$424,5006.24%11.990.69%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$5,900$5,900
Year Total$70,800$70,800
Expense
Total$17,834$17,834
Net Operating Income$52,966$52,966
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $10273 $28444 $38717 $3227
Total         $10,273 $28,444 $38,717   $14,249 $10,273 $24,522
Stabilized         $10,273 $28,444 $38,717   $14,249 $10,273 $24,522
Custom         $10273 $28444 $38717   $14249 $10273 $24522




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1636,7503,2278392,3888392,3883,227
2635,9113,2278422,3851,6824,7726,454
3635,0683,2278452,3822,5277,1549,681
4634,2233,2278492,3783,3769,53212,908
5633,3743,2278522,3754,22811,90716,135
6632,5223,2278552,3725,08314,27919,362
7631,6673,2278582,3695,94116,64822,589
8630,8093,2278612,3666,80219,01425,816
9629,9483,2278652,3627,66721,37629,043
10629,0833,2278682,3598,53523,73532,270
11628,2153,2278712,3569,40626,09135,497
12627,3443,2278742,35310,28128,44338,724
13626,4693,2278782,34911,15830,79341,951

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Listing Agent: Jacob Theis
Listing Office: NHR Brokerage LLC
720 S Wells St #1515 Chicago

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