2 Flat 1035 Ridgeway Humboldt Park Chicago IL Mu | Chicago Property Listings – X Plus Real Estate

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2 Flat 1035 Ridgeway Humboldt Park Chicago IL Mu

City: CHICAGO ZIP: 60651

Built In: 1905

Lot Size: A

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

2 flat completely rehabbed 3 bdrm and 1 bath with large 4th bdrm in enclosed porch. 1st fl owners unit New SS appliances Quartz counter tops 42 inch cabinets new Air Condition, 2 new hot water heaters new roof newer windows new fenced in yard with parking pad with large empty clean and dry basement, both units unoccupied and Move in Ready !!

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60651

Listings in this Zip Code average: 2 to 3 units, and are priced at $193,400 to $245,557
This listing is 71% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Humboldt Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
This listing is 47% more than other 2 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $25,325 Monthly $2,110
Rental Income Stabilized : Annual $31,656 Monthly $2,638
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$329,9002$164,9503.62%13.030.80%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,110$2,638
Year Total$25,325$31,656
Expense
Total$13,371$13,371
Net Operating Income$11,954$18,285
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3992 $11053 $15045 $1254
Total         $3,992 $11,053 $15,045   $-3,091 $3,992 $901
Stabilized         $3,992 $11,053 $15,045   $3,240 $3,992 $7,232
Custom         $3992 $11053 $15045   $3240 $3992 $7232




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1247,4251,2543269283269281,254
2247,0991,2543279276541,8542,508
3246,7711,2543299259822,7803,762
4246,4431,2543309241,3123,7045,016
5246,1131,2543319231,6434,6276,270
6245,7821,2543329221,9755,5497,524
7245,4501,2543349202,3096,4698,778
8245,1161,2543359192,6447,38810,032
9244,7811,2543369182,9808,30611,286
10244,4451,2543379173,3179,22312,540
11244,1081,2543399153,65610,13813,794
12243,7691,2543409143,99611,05215,048
13243,4291,2543419134,33711,96516,302

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Listing Agent: Michael Sahli
Listing Office: Home-Site Realty, Inc.
P.O. BOX 56678 CHICAGO

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