2 Flat 3415 Belden Logan Square Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 3415 Belden Logan Square Chicago IL Mu Inv

City: CHICAGO ZIP: 60647

Built In: 1900

Lot Size: L

Lot Dimensions: 30 X 124

# of Units: 2

Unit 1 Floor 2: 3 bedrooms 1 baths $0

Unit 2 Floor 1: 2 bedrooms 1 baths $0

Detailed Listing Description

HOT AREA IN LOGAN SQUARE!! GREAT PRICE!! WOW! A TOTAL OF 2922 SQ/FT! THIS AWESOME 2 UNIT PROPERTY NEEDS A LITTLE TLC, YET HAS SO MUCH OFFER! BEING SOLD "AS IS". NEWER WINDOWS, NEWER ROOF, MAIN LEVEL UNIT W/ 3 BEDROOMS & 1.1 BATHS, & CENTRAL A/C. MAIN FLOOR UPON ENTRY WELCOMES YOU SHOWCASING HIGH CEILNGS AND BEAUTIFUL HARDWOOD FLOORS THROUGHOUT. BRIGHT LIVING ROOM & ADJOINING DINING ROOM, 2 NICE SIZE BEDROOMS & A FULL BATH, & LARGE UTILITY/LAUNDRY ROOM W/ AMPLE STORAGE SPACE. OVERSIZED EAT IN KITCHEN HAS NEWER APPLIANCES, CLOSET PANTRY, & SPACIOUS ENOUGH FOR A BREAKFAST ISLAND. UPPER LEVEL HAS A GREAT FAMILY ROOM, DEN, 1/2 BATH & A LARGE BEDROOM W/ AMPLE CLOSETS. THE LOWER UNIT OFFERS A NICE SIZE LIVING ROOM, EAT IN KITCHEN, 2 BEDROOMS AND NEWLY UPDATED BATHROOM. THE BASEMENT HAS AMPLE STORAGE AND HOOK UP FOR AN ADDITIONAL LAUNDRY AREA. LARGE FENCED IN BACKYARD AND 2 CAR PARKING PAD. MATURE LANDSCAPING AND HARDSCAPE. GREAT AREA!! YOU WON'T WANT TO MISS THIS OPPORTUNITITY!! CALL TODAY!

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1I
  • Tenant Pays Unit 2I
Appliances
  • Appliances Unit 1A,B,C,D,I,N,P,Q,S,X
  • Appliances Unit 2A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 25% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 21% 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 $30,413 Monthly $2,534
Rental Income Stabilized : Annual $38,016 Monthly $3,168
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$650,0002$325,0002.09%21.370.49%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,534$3,168
Year Total$30,413$38,016
Expense
Total$16,855$16,855
Net Operating Income$13,558$21,161
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7865 $21777 $29642 $2471
Total         $7,865 $21,777 $29,642   $-16,084 $7,865 $-8,219
Stabilized         $7,865 $21,777 $29,642   $-8,481 $7,865 $-616
Custom         $7865 $21777 $29642   $-8481 $7865 $-616




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1487,5002,4716431,8286431,8282,471
2486,8572,4716451,8261,2883,6544,942
3486,2122,4716481,8231,9365,4777,413
4485,5642,4716501,8212,5867,2989,884
5484,9142,4716531,8183,2399,11612,355
6484,2612,4716551,8163,89410,93214,826
7483,6062,4716571,8144,55112,74617,297
8482,9492,4716601,8115,21114,55719,768
9482,2892,4716621,8095,87316,36622,239
10481,6272,4716651,8066,53818,17224,710
11480,9622,4716671,8047,20619,97527,181
12480,2942,4716701,8017,87621,77629,652
13479,6242,4716721,7998,54823,57532,123

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Listing Agent: Theresa Hannah
Listing Office: Baird & Warner
3128 Lynette Ln Island Lake

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