3 Flat 2255 Fullerton Logan Square Chicago IL Mu | Chicago Property Listings – X Plus Real Estate

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3 Flat 2255 Fullerton Logan Square Chicago IL Mu

City: Chicago ZIP: 60647

Built In: 1910

Lot Size: A

Lot Dimensions: 2376

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $1190

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor 3: 2 bedrooms 1 baths $1295

Detailed Listing Description

***ATTENTION INVESTORS GREAT 3 FLAT IN BUCKTOWN STEPS AWAY FROM I90*** All 3 units are 2 bedroom and 1 bath with hardwood floors, coin laundry, gated entry, large rear courtyard and rear access from rear private porches. 2 leased units are currently grossing $2485 can easily gross over $3500 for all 3 or live in one and rent the other two. Conveniently located near major transportation, shops, parks, schools, Downtown Chicago, Chicago River, Lincoln Park Zoo, and Lake Michigan.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,D
  • Tenant Pays Unit 2B,D
  • Tenant Pays Unit 3B,D
  • Appliances Unit 1A,B,E,F
  • Appliances Unit 2A,B,E,F
  • Appliances Unit 3A,B,E,F
  • 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 27% more than other 3 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 35% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $29,820 Monthly $2,485
Rental Income Stabilized : Annual $58,128 Monthly $4,844
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,485$4,844
Year Total$29,820$58,128
Net Operating Income$4,581$32,889
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $5444 $15073 $20517 $1710
Total         $5,444 $15,073 $20,517   $-15,936 $5,444 $-10,492
Stabilized         $5,444 $15,073 $20,517   $12,372 $5,444 $17,816
Custom         $5444 $15073 $20517   $12372 $5444 $17816

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Adam Peera
Listing Office: GC Realty and Development
2226 W Weathersfield Way Schaumburg

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