2 Flat 3207 Armitage Melrose Park IL Mu Investmen| Chicago Property Listings – X Plus Real Estate

Find the home or investment property you’ve been looking for!

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









2 Flat 3207 Armitage Melrose Park IL Mu Investmen

City: MELROSE PARK ZIP: 60160

Built In: 1963

Lot Size: A

Lot Dimensions: 33X160

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Rarely available Two Flat and even rarer to find one in such excellent condition. Upper level has glistening hardwood flooring in the living room, hallway, both bedrooms, and den. Remodeled Kitchen with 42" cabinets & underlighting, granite counters and wine fridge. Stainless steel appliances. New fridge and newer appliances. Casablanca ceiling fans. Remodeled bathroom with Jacuzzi tub. Grohe fixtures and Toto toilet. Heat is radiant and central A/C. Porch for relaxing with leads to large deck in nicely manicured, peaceful yard. Lower level unit with full kitchen and eating counter. 2 bedrooms. Flooring is radiant heated ceramic tile. Remodeled bathroom. Utility room with washer dryer. New sump pump with Sump Pro battery backup. Water heater is 2 years old. Walk out to 2 car garage with add'l side parking space. New garage door opener. Additional storage under deck. Roof approx. 10 years new. Sewer line just rodded. A pleasure to show and one you one be disappointed in seeing

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1A,B,E,F,G,I,S
  • Appliances Unit 2A,B,C,D,E,J,P
Schools
  • Grade School District83
  • Jr High/Middle School District83
  • High School District212

Comparative Data

Zip Code Comparison: 60160

Listings in this Zip Code average: 2 to 3 units, and are priced at $243,593 to $323,922
This listing is 11% more than other 2 unit listings in this zipcode.

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

Calculated Rents
Rental Income : Annual $12,000 Monthly $1,000
Rental Income Stabilized : Annual $15,000 Monthly $1,250
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$269,9002$134,950-0.14%22.490.46%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,000$1,250
Year Total$12,000$15,000
Expense
Total$12,389$12,389
Net Operating Income$-389$2,611
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3266 $9043 $12309 $1026
Total         $3,266 $9,043 $12,309   $-12,698 $3,266 $-9,432
Stabilized         $3,266 $9,043 $12,309   $-9,698 $3,266 $-6,432
Custom         $3266 $9043 $12309   $-9698 $3266 $-6432




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1202,4251,0262677592677591,026
2202,1581,0262687585351,5172,052
3201,8901,0262697578042,2743,078
4201,6211,0262707561,0743,0304,104
5201,3511,0262717551,3453,7855,130
6201,0801,0262727541,6174,5396,156
7200,8081,0262737531,8895,2937,182
8200,5361,0262747522,1636,0458,208
9200,2621,0262757512,4396,7959,234
10199,9861,0262767502,7157,54510,260
11199,7101,0262777492,9928,29411,286
12199,4331,0262787483,2709,04212,312
13199,1551,0262797473,5499,78913,338

Explore Nearby Neighborhoods

Lincoln ParkNearby Neighborhoods X Plus Real Estate

Lincoln Park

Portage ParkNearby Neighborhoods X Plus Real Estate

Portage Park

Humboldt ParkNearby Neighborhoods X Plus Real Estate

Humboldt Park

Listing Agent: Gary Christensen
Listing Office: N. W. Village Realty, Inc.
538 NORTHAMPTON CIRCLE ELK GROVE VILLAG

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.