3 Flat 3242 Hamlin Avondale Chicago IL Mu Investm| Chicago Property Listings – X Plus Real Estate

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3 Flat 3242 Hamlin Avondale Chicago IL Mu Investm

City: CHICAGO ZIP: 60618

Built In: 1906

Lot Size: A

Lot Dimensions: 132X30

# of Units: 3

Unit 1 Floor B: 2 bedrooms 1 baths $550

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

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

Detailed Listing Description

HIGHLY DESIRED AVONDALE AREA. GREAT LOCATION - CLOSE TO EVERYTHING: CTA, KENNEDY EXPRESSWAY, AND SHOPPING. BRICK 3 UNIT WITH 9 FT HIGH CEILINGS, HUGE (ALMOST 3 CAR) GARAGE WITH A LARGE ATTIC. PROPERTY IS IN NEED OF REMODELING AND IS SOLD "AS-IS". TWO OF THE UPPER FLOORS ARE VACANT - EASY TO SHOW.

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
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
  • Tenant Pays Unit 3J
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
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 27% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 14% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $36,312 Monthly $3,026
Rental Income Stabilized : Annual $52,488 Monthly $4,374
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$429,0003$143,0003.46%11.811.02%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,026$4,374
Year Total$36,312$52,488
Expense
Total$21,480$21,480
Net Operating Income$14,832$31,008
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5191 $14373 $19564 $1631
Total         $5,191 $14,373 $19,564   $-4,732 $5,191 $459
Stabilized         $5,191 $14,373 $19,564   $11,444 $5,191 $16,635
Custom         $5191 $14373 $19564   $11444 $5191 $16635




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1321,7501,6314241,2074241,2071,631
2321,3261,6314261,2058502,4123,262
3320,9001,6314281,2031,2783,6154,893
4320,4721,6314291,2021,7074,8176,524
5320,0431,6314311,2002,1386,0178,155
6319,6121,6314321,1992,5717,2159,786
7319,1791,6314341,1973,0058,41211,417
8318,7451,6314361,1953,4409,60813,048
9318,3101,6314371,1943,87810,80114,679
10317,8721,6314391,1924,31711,99316,310
11317,4331,6314411,1904,75713,18417,941
12316,9931,6314421,1895,20014,37219,572
13316,5501,6314441,1875,64415,55921,203

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Listing Agent: Anya Dudzik
Listing Office: American Realty & Associates
407 Custer ave, #1S Evanston

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