2 Flat 921 Drake Humboldt Park Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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2 Flat 921 Drake Humboldt Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60651

Built In: 1910

Lot Size: A

Lot Dimensions: 3750SF

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Well maintained two flat in West Humbolt Park. 2nd floor completely rehabbed and ready to move in. First floor just needs cosmetics. Owner will contribute $2500 toward new stoves and refrigerators. Very quiet tree lined street. 2 car garage with yard. lst floor duplexed to basement.

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
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 29% 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 11% 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 $22,848 Monthly $1,904
Rental Income Stabilized : Annual $28,560 Monthly $2,380
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$250,0002$125,0004.58%10.940.95%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,904$2,380
Year Total$22,848$28,560
Expense
Total$11,389$11,389
Net Operating Income$11,459$17,171
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3025 $8376 $11401 $951
Total         $3,025 $8,376 $11,401   $58 $3,025 $3,083
Stabilized         $3,025 $8,376 $11,401   $5,770 $3,025 $8,795
Custom         $3025 $8376 $11401   $5770 $3025 $8795




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1187,500951248703248703951
2187,2529512497024971,4051,902
3187,0039512507017462,1072,853
4186,7549512517009972,8073,804
5186,5039512526991,2493,5064,755
6186,2519512536981,5014,2055,706
7185,9999512546971,7554,9026,657
8185,7459512546972,0095,5997,608
9185,4919512556962,2656,2948,559
10185,2359512566952,5216,9899,510
11184,9799512576942,7787,68310,461
12184,7229512586933,0378,37511,412
13184,4639512596923,2969,06712,363

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Listing Agent: Geraldine Blair
Listing Office: Coldwell Banker Residential
321 N. Central Park Avenue Chicago

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