2 Flat 405 Buffalo Calumet City IL Mu Investment | Chicago Property Listings – X Plus Real Estate

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2 Flat 405 Buffalo Calumet City IL Mu Investment

City: Calumet City ZIP: 60409

Built In: 1970

Lot Size: A

Lot Dimensions: 41X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $850

Unit 2 Floor 1: 2 bedrooms 1 baths $0

Detailed Listing Description

**Absolutely Adorable Brick 2 Flat in the Heart of Calumet City!~Each Unit 2 Bedroom 1 Bath~Gorgeous Updated Kitchens & New Trim Around Doors!, Ceramic Tile Flooring, Tons of Cabinets, & Stainless Steel Appliances~Spacious Living Rooms w/Wood Flooring & Good Size Bedrooms~Updated Units!!~Convenient Detached Garage~Great Location & Close to Everything!~This is One You Don't Want to Miss!!**

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces1
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Grade School District155
  • Jr High/Middle School District155
  • High School District215

Comparative Data

Zip Code Comparison: 60409

Listings in this Zip Code average: 4 to 5 units, and are priced at $164,109 to $138,975
This listing is 63% more than other 2 unit listings in this zipcode.

Calculated Rents
Rental Income : Annual $10,200 Monthly $850
Rental Income Stabilized : Annual $24,000 Monthly $2,000
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$850$2,000
Year Total$10,200$24,000
Net Operating Income$-6,272$7,528
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $2008 $5559 $7567 $631
Total         $2,008 $5,559 $7,567   $-13,839 $2,008 $-11,831
Stabilized         $2,008 $5,559 $7,567   $-39 $2,008 $1,969
Custom         $2008 $5559 $7567   $-39 $2008 $1969

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Jaime Birks
Listing Office: Corona Realty Group, Inc.

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