3 Flat 1657 Mozart West Town Chicago IL Mu Invest| Chicago Property Listings – X Plus Real Estate

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3 Flat 1657 Mozart West Town Chicago IL Mu Invest

City: CHICAGO ZIP: 60647

Built In: 1893

Lot Size: A

Lot Dimensions: 2500SQFT

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $1500

Unit 2 Floor 2: 2 bedrooms 1 baths $1450

Unit 3 Floor 3: 2 bedrooms 1 baths $N/A

Detailed Listing Description

Welcome to the neighborhood with this 3 Unit property just a block from both Humboldt Park and the 606! Three 2 bedroom/1 bathroom turn key units. 1st floor offers an additional flex room and laundry hook up. 2nd floor with balcony. Top floor has a great covered deck with neighborhood views and is the perfect place to container garden, grill, or relax with a cool drink! The basement offers shared laundry and additional storage! You'll appreciate the 2 car garage! Located near all the dining and shopping of Humboldt Park, Logan Square, and Wicker Park!

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • 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
  • Tenant Pays Unit 2B
  • Tenant Pays Unit 3B,C
Appliances
  • Appliances Unit 1A,B,F,I,P,S
  • Appliances Unit 2A,B,F,I
  • Appliances Unit 3A,B,J
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 3% 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 27% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $49,524 Monthly $4,127
Rental Income Stabilized : Annual $62,256 Monthly $5,188
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$640,0003$213,3333.84%12.920.81%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,127$5,188
Year Total$49,524$62,256
Expense
Total$24,940$24,940
Net Operating Income$24,584$37,316
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7744 $21442 $29186 $2433
Total         $7,744 $21,442 $29,186   $-4,602 $7,744 $3,142
Stabilized         $7,744 $21,442 $29,186   $8,130 $7,744 $15,874
Custom         $7744 $21442 $29186   $8130 $7744 $15874




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1480,0002,4336331,8006331,8002,433
2479,3672,4336351,7981,2683,5984,866
3478,7322,4336381,7951,9065,3937,299
4478,0942,4336401,7932,5467,1869,732
5477,4542,4336431,7903,1898,97612,165
6476,8112,4336451,7883,83410,76414,598
7476,1662,4336471,7864,48112,55017,031
8475,5192,4336501,7835,13114,33319,464
9474,8692,4336521,7815,78316,11421,897
10474,2172,4336551,7786,43817,89224,330
11473,5622,4336571,7767,09519,66826,763
12472,9052,4336601,7737,75521,44129,196
13472,2452,4336621,7718,41723,21231,629

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Listing Agent: Nathan Brecht
Listing Office: Redfin Corporation
3022 thayer street Evanston

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