3 Flat 3431 Leavitt North Center Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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3 Flat 3431 Leavitt North Center Chicago IL Mu In

City: CHICAGO ZIP: 60618

Built In: 1913

Lot Size: K

Lot Dimensions: 25 X 124

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 1 bedrooms 1 baths $0

Unit 3 Floor 2: 1 bedrooms 1 baths $865

Detailed Listing Description

Great location in Chicago's desirable Roscoe Village neighborhood and half a block to Roscoe Street shops and restaurants. This legal 3-flat extra-wide building in Audubon School District has a completely renovated 2 bedroom + office, 1 bath unit on the 1st floor with top of the line kitchen, new windows, maple hardwood floors, separate living room and dining room with central heat & air conditioning. Both units on the 2nd floor have maple hardwood floors, living/dining rooms, kitchen, 1 bedroom and 1 bath with radiator heat. The 2nd floor rear unit has an enclosed back porch. Basement has new shared laundry, mechanicals and ample storage space. The landscaped backyard is great for relaxing and includes a 2-car detached garage. Very well maintained building - See list of building improvements in Additional Information. Entire contents of 1st floor unit and 2nd floor front unit are available for purchase with separate bill of sale. Great Airbnb or rental investment opportunity!

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Tenant Pays Unit 3A
Appliances
  • Appliances Unit 1A,B,E,F,G,I,S
  • Appliances Unit 2A,B,F,J,S
  • Appliances Unit 3A,B,F,J,S
Schools
  • Grade SchoolAUDUBON ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolLAKE VIEW HIGH SCHOOL
  • 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 28% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - North Center

Listings in this Neighborhood average: 2 to 3 units, with average prices of $652,145 to $788,113
This listing is 5% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $10,380 Monthly $865
Rental Income Stabilized : Annual $43,992 Monthly $3,666
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$750,0003$250,000-1.58%72.250.49%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$865$3,666
Year Total$10,380$43,992
Expense
Total$22,203$22,203
Net Operating Income$-11,823$21,789
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9075 $25127 $34202 $2851
Total         $9,075 $25,127 $34,202   $-46,025 $9,075 $-36,950
Stabilized         $9,075 $25,127 $34,202   $-12,413 $9,075 $-3,338
Custom         $9075 $25127 $34202   $-12413 $9075 $-3338




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1562,5002,8517422,1097422,1092,851
2561,7582,8517442,1071,4864,2165,702
3561,0142,8517472,1042,2336,3208,553
4560,2672,8517502,1012,9838,42111,404
5559,5172,8517532,0983,73610,51914,255
6558,7642,8517562,0954,49212,61417,106
7558,0082,8517582,0935,25014,70719,957
8557,2502,8517612,0906,01116,79722,808
9556,4892,8517642,0876,77618,88325,659
10555,7242,8517672,0847,54320,96728,510
11554,9572,8517702,0818,31323,04831,361
12554,1872,8517732,0789,08525,12734,212
13553,4152,8517762,0759,86127,20237,063

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Listing Agent: Nancy McAdam
Listing Office: Jameson Sotheby's Int'l Realty
1211 N. LaSalle, #1504 Chicago

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