4 Flat 4144 Mozart Irving Park Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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4 Flat 4144 Mozart Irving Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60618

Built In: 1916

Lot Size: A

Lot Dimensions: 37 X 125

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $1450

Unit 2 Floor 2: 2 bedrooms 1 baths $1400

Unit 3 Floor 1: 2 bedrooms 1 baths $1375

Unit 4 Floor 2: 2 bedrooms 1 baths $1350

Gross Income $6,925

Detailed Listing Description

Beautiful fully rehabbed (2015) 4 unit brick building with a 5th in-law garden unit. All units have 2 bed 1 bath. Hardwood floors throughout, granite, stainless steel appliances, dishwasher, microwave. Large eat in kitchens. All new - windows, furnaces, AC condensers, water heaters, 4 coin laundry machines, tuck pointing, roof, back deck. Forced heat & AC. Tenants pay utilities. 4 parking spaces. One block from Horner park. A must see!!!!

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces4
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Tenant Pays Unit 4B,C,D
Appliances
  • Appliances Unit 1A,B,E,F,I,S
  • Appliances Unit 2A,B,E,F,I,S
  • Appliances Unit 3A,B,E,F,I,S
  • Appliances Unit 4A,B,E,F,I,S
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 10% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 41% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $66,900 Monthly $5,575
Rental Income Stabilized : Annual $70,392 Monthly $5,866
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$899,9004$224,9753.93%13.450.65%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$5,575$5,866
Year Total$66,900$70,392
Expense
Total$31,506$31,506
Net Operating Income$35,394$38,886
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $10889 $30149 $41038 $3420
Total         $10,889 $30,149 $41,038   $-5,644 $10,889 $5,245
Stabilized         $10,889 $30,149 $41,038   $-2,152 $10,889 $8,737
Custom         $10889 $30149 $41038   $-2152 $10889 $8737




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1674,9253,4208892,5318892,5313,420
2674,0363,4208922,5281,7815,0596,840
3673,1443,4208962,5242,6777,58310,260
4672,2483,4208992,5213,57610,10413,680
5671,3493,4209022,5184,47912,62117,100
6670,4463,4209062,5145,38415,13620,520
7669,5413,4209092,5116,29417,64623,940
8668,6313,4209132,5077,20620,15427,360
9667,7193,4209162,5048,12222,65830,780
10666,8033,4209192,5019,04225,15834,200
11665,8833,4209232,4979,96527,65537,620
12664,9603,4209262,49410,89130,14941,040
13664,0343,4209302,49011,82132,63944,460

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Listing Agent: Thomas Gibbons
Listing Office: Fairgreen Real Estate LLC
7009 W Sunnyside Ave Norridge

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