3 Flat 4908 Byron Portage Park Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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3 Flat 4908 Byron Portage Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60641

Built In: 1900

Lot Size: A

Lot Dimensions: 25 BY 125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $1500

Unit 2 Floor 2: 2 bedrooms 1 baths $1350

Unit 3 Floor 3: 3 bedrooms 2 baths $1850

Detailed Listing Description

Introducing 4908 West Byron a completely gut renovated 4 stories, 3 flat with parking for 3 cars and a large yard to enjoy. Everything Has been replaced right down to the sewer line. There is a duplex 3 bedroom 2 bath unit perfect for an owner along with 2 spacious 2 bedrooms 1 bath units. All units feature grey shaker cabinets with the complete stainless package, in-unit washer dryers, and Carrara marble baths. Bring rents up to market and live for free. Bring your clients easy to show. This building qualifies for home possible with no income limits

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces3
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,E
  • Tenant Pays Unit 2B,C,E
  • Tenant Pays Unit 3B,C
Appliances
  • Appliances Unit 1A,B,C,D,E,F,I,N
  • Appliances Unit 2A,B,C,D,E,F,I,N,P,S
  • Appliances Unit 3A,B,C,D,E,F,I,N,S
Schools
  • 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 44% more than other 3 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 36% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $56,400 Monthly $4,700
Rental Income Stabilized : Annual $53,112 Monthly $4,426
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$624,9003$208,3005.61%11.080.71%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,700$4,426
Year Total$56,400$53,112
Expense
Total$21,317$21,317
Net Operating Income$35,083$31,795
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7561 $20936 $28497 $2375
Total         $7,561 $20,936 $28,497   $6,586 $7,561 $14,147
Stabilized         $7,561 $20,936 $28,497   $3,298 $7,561 $10,859
Custom         $7561 $20936 $28497   $3298 $7561 $10859




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1468,6752,3756171,7586171,7582,375
2468,0582,3756201,7551,2373,5134,750
3467,4382,3756221,7531,8595,2667,125
4466,8162,3756241,7512,4847,0169,500
5466,1912,3756271,7483,1118,76411,875
6465,5642,3756291,7463,74010,51014,250
7464,9352,3756311,7444,37112,25416,625
8464,3042,3756341,7415,00513,99519,000
9463,6702,3756361,7395,64115,73421,375
10463,0342,3756391,7366,28017,47023,750
11462,3952,3756411,7346,92119,20426,125
12461,7542,3756431,7327,56420,93628,500
13461,1112,3756461,7298,21022,66530,875

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Listing Agent: Mitir Patel
Listing Office: Kale Realty
3501 north southport unit 345 Chicago

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