4 Flat 3852 Argyle Albany Park Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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4 Flat 3852 Argyle Albany Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60625

Built In: 1876

Lot Size: A

Lot Dimensions: 3750

# of Units: 4

Unit 1 Floor G: 2 bedrooms 1 baths $0

Unit 2 Floor 1: 2 bedrooms 1 baths $0

Unit 3 Floor 2: 2 bedrooms 1 baths $0

Unit 4 Floor A: 1 bedrooms 1 baths $0

Detailed Listing Description

PRICED TO SELL! Welcome to the Hot Albany Park Area. This is a newly rehabbed 3 Legal units and the attic is a fully finished suite. All four floors are beautifully remodeled ready for residual income. Each unit features fully renovated kitchens w/ white cabinets, SS appliances, granite counters, renovated baths, LR/DR, freshly redone hardwoods floors, recesses lighting, in unit laundry and freshly painted throughout each unit. New HVAC and 2 car garage. Tenants pay their own utilities. Very close to ALL public transportation, nightlife, fast drive to Kennedy. Great opportunity for anyone looking to own a multi unit turn key cash cow. Come make an offer and don't let this beauty get away.

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 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Tenant Pays Unit 4B,C,D
Appliances
  • Appliances Unit 1A,B,C,D,E,F,S
  • Appliances Unit 2A,B,C,D,E,F,S
  • Appliances Unit 3A,B,C,D,E,F,S
  • Appliances Unit 4A,B,F,S
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60625

Listings in this Zip Code average: 2 to 3 units, and are priced at $524,450 to $650,684
This listing is 20% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Albany Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $382,923 to $549,758
This listing is 4% more than other 4 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 $41,645 Monthly $3,470
Rental Income Stabilized : Annual $52,056 Monthly $4,338
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$599,9994$150,0002.80%14.410.72%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,470$4,338
Year Total$41,645$52,056
Expense
Total$24,837$24,837
Net Operating Income$16,808$27,219
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7260 $20102 $27362 $2281
Total         $7,260 $20,102 $27,362   $-10,554 $7,260 $-3,294
Stabilized         $7,260 $20,102 $27,362   $-143 $7,260 $7,117
Custom         $7260 $20102 $27362   $-143 $7260 $7117




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1450,0002,2815941,6885941,6882,281
2449,4072,2815961,6851,1893,3734,562
3448,8112,2815981,6831,7875,0566,843
4448,2132,2816001,6812,3876,7379,124
5447,6132,2816021,6792,9908,41511,405
6447,0102,2816051,6763,59510,09113,686
7446,4052,2816071,6744,20211,76515,967
8445,7982,2816091,6724,81113,43718,248
9445,1892,2816121,6695,42215,10720,529
10444,5782,2816141,6676,03616,77422,810
11443,9642,2816161,6656,65218,43925,091
12443,3482,2816181,6637,27120,10127,372
13442,7292,2816211,6607,89221,76129,653

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Listing Agent: Mirela Dulu
Listing Office: Cagan Realty
33 James Ct. Glenview

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