2 Flat 5044 Addison Portage Park Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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2 Flat 5044 Addison Portage Park Chicago IL Mu In

City: CHICAGO ZIP: 60641

Built In: 1920

Lot Size: A

Lot Dimensions: 40X125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 1 bedrooms 1 baths $0

Detailed Listing Description

Long time owners are ready to sell. This 2 flat has been in the family for a very long time. Always had no problem with keeping units occupied. 3 bedrooms on the first floor unit and 2nd floor unit has 1 bedroom (last tenants used dining area as 2nd bdrm). Has a full basement with areas for washer and dryers. 2 car detached garage and separate concrete pad for possible 2 cars. Property being sold in "AS IS" condition!! Needs a good cleaning.

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
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units, and are priced at $374,501 to $433,229
This listing is 28% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 24% more than other 2 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $10,906 Monthly $909
Rental Income Stabilized : Annual $13,632 Monthly $1,136
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$909$1,136
Year Total$10,906$13,632
Net Operating Income$-3,472$-746
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $3255 $9013 $12268 $1023
Total         $3,255 $9,013 $12,268   $-15,740 $3,255 $-12,485
Stabilized         $3,255 $9,013 $12,268   $-13,014 $3,255 $-9,759
Custom         $3255 $9013 $12268   $-13014 $3255 $-9759

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: William Ehlers
Listing Office: ARNI Realty Incorporated
972 Woodlawn Ave Des Plaines

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