2 Flat 3042 Belmont Avondale Chicago IL Mu Invest| Chicago Property Listings – X Plus Real Estate

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2 Flat 3042 Belmont Avondale Chicago IL Mu Invest

City: Chicago ZIP: 60618

Built In: 1896

Lot Size: A

Lot Dimensions: 25 X 125

# of Units: 2

Unit 1 Floor 1: 1 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

HUGE PRICE CUT /GREAT INVESTMENT / REHABBING OR TEAR DOWN TO BUILD A NEWER ONE FOR RESIDENTIAL OR BUSINESS / MINUTES AWAY FROM THE EXPRESS WAY AND CONVENIENCE TO EVERYTHING / GREAT SCHOOL DISTRICT AREA/ PROPERTY SELLING AS-IS CONDITION ... HURRY MAKE AN OFFER NOW #####

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces4
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1A,B,I
  • Appliances Unit 2A
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 34% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 28% 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 $26,611 Monthly $2,218
Rental Income Stabilized : Annual $33,264 Monthly $2,772
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$319,0002$159,5003.52%11.990.87%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,218$2,772
Year Total$26,611$33,264
Expense
Total$15,396$15,396
Net Operating Income$11,215$17,868
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3860 $10688 $14548 $1213
Total         $3,860 $10,688 $14,548   $-3,333 $3,860 $527
Stabilized         $3,860 $10,688 $14,548   $3,320 $3,860 $7,180
Custom         $3860 $10688 $14548   $3320 $3860 $7180




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1239,2501,2133168973168971,213
2238,9341,2133178966331,7932,426
3238,6171,2133188959512,6883,639
4238,2991,2133198941,2703,5824,852
5237,9801,2133218921,5914,4746,065
6237,6591,2133228911,9135,3657,278
7237,3371,2133238902,2366,2558,491
8237,0141,2133248892,5607,1449,704
9236,6901,2133258882,8858,03210,917
10236,3651,2133278863,2128,91812,130
11236,0381,2133288853,5409,80313,343
12235,7101,2133298843,86910,68714,556
13235,3811,2133308834,19911,57015,769

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Listing Agent: Mario Amurao
Listing Office: Countryside Realty @ Chicago
10204 W. PALMER AVE MELROSE PARK

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