3 Flat 2125 MILlard North Lawndale Chicago IL Mu | Chicago Property Listings – X Plus Real Estate

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3 Flat 2125 MILlard North Lawndale Chicago IL Mu

City: CHICAGO ZIP: 60623

Built In: 1905

Lot Size: A

Lot Dimensions: 25 X 125

# of Units: 3

Unit 1 Floor 1: 4 bedrooms 2 baths $1200

Unit 2 Floor 2: 3 bedrooms 2 baths $1340

Unit 3 Floor 3: 3 bedrooms 2 baths $1200

Detailed Listing Description

Well maintained oversized solid brick 3 flat in the South Lawndale neighborhood, which has been rehabbed in the last 5 years. All units have 2 full baths, hardwood floors, separate heating system. Unit 3 has AC.

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 1A
  • Tenant Pays Unit 2A
  • Tenant Pays Unit 3A
Appliances
  • Appliances Unit 1A,B,C,D,S
  • Appliances Unit 2A,B,S
  • Appliances Unit 3A,B,I,S
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60623

Listings in this Zip Code average: 2 to 3 units, and are priced at $152,017 to $172,200
This listing is 103% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - North Lawndale

Listings in this Neighborhood average: 3 to 4 units, with average prices of $179,950 to $259,170
This listing is 94% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $44,880 Monthly $3,740
Rental Income Stabilized : Annual $46,080 Monthly $3,840
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$350,0003$116,6678.44%7.801.10%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,740$3,840
Year Total$44,880$46,080
Expense
Total$15,329$15,329
Net Operating Income$29,551$30,751
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4235 $11726 $15961 $1331
Total         $4,235 $11,726 $15,961   $13,590 $4,235 $17,825
Stabilized         $4,235 $11,726 $15,961   $14,790 $4,235 $19,025
Custom         $4235 $11726 $15961   $14790 $4235 $19025




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1262,5001,3313479843479841,331
2262,1531,3313489836951,9672,662
3261,8051,3313499821,0442,9493,993
4261,4561,3313519801,3943,9305,324
5261,1061,3313529791,7464,9096,655
6260,7541,3313539782,0995,8877,986
7260,4011,3313549772,4546,8639,317
8260,0461,3313569752,8107,83810,648
9259,6901,3313579743,1678,81211,979
10259,3331,3313599723,5259,78513,310
11258,9751,3313609713,88510,75614,641
12258,6151,3313619704,24611,72615,972
13258,2541,3313639684,60912,69417,303

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Listing Agent: Angela Williams
Listing Office: Hunter's Realty, Inc.
1540 Park Ave. River Forest

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