2 Flat 5032 Hutchinson Portage Park Chicago IL Mu| Chicago Property Listings – X Plus Real Estate

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2 Flat 5032 Hutchinson Portage Park Chicago IL Mu

City: CHICAGO ZIP: 60641

Built In: 1914

Lot Size: A

Lot Dimensions: 30 X 125

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $800

Gross Income $9,600

Detailed Listing Description

Solid brick bungalow-style 2-flat in Portage Park. Two large apartments, with separate dining room and preserved vintage moldings in each. Kitchen with space for table. Hardwood floors under carpet. Many replacement windows. High-ceiling basement with full bath, partially finished, front and rear exits. Enclosed back porches, backyard with patio and room for plantings. 2-car garage on paved alley. Walk to grocery, services, restaurants. Near Blue Line, METRA, and multiple bus lines. A great building in a great neighborhood! "As-is" sale, conventional financing or cash preferred.

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
Appliances
  • Appliances Unit 1A,B,F,J
  • Appliances Unit 2A,B
Schools
  • Grade SchoolPORTAGE PARK ELEMENTARY SCHOOL
  • Grade School District299
  • Jr High/Middle SchoolPORTAGE PARK ELEMENTARY SCHOOL
  • Jr High/Middle School District299
  • High SchoolSCHURZ HIGH SCHOOL
  • High School District299

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units, and are priced at $374,501 to $433,229
This listing is 0% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 6% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $9,600 Monthly $800
Rental Income Stabilized : Annual $15,456 Monthly $1,288
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$375,0002$187,500-1.28%39.060.34%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$800$1,288
Year Total$9,600$15,456
Expense
Total$14,403$14,403
Net Operating Income$-4,803$1,053
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4538 $12564 $17102 $1426
Total         $4,538 $12,564 $17,102   $-21,905 $4,538 $-17,367
Stabilized         $4,538 $12,564 $17,102   $-16,049 $4,538 $-11,511
Custom         $4538 $12564 $17102   $-16049 $4538 $-11511




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1281,2501,4263711,0553711,0551,426
2280,8791,4263731,0537442,1082,852
3280,5061,4263741,0521,1183,1604,278
4280,1321,4263761,0501,4944,2105,704
5279,7561,4263771,0491,8715,2597,130
6279,3791,4263781,0482,2496,3078,556
7279,0011,4263801,0462,6297,3539,982
8278,6211,4263811,0453,0108,39811,408
9278,2401,4263831,0433,3929,44212,834
10277,8581,4263841,0423,77610,48414,260
11277,4741,4263851,0414,16211,52415,686
12277,0881,4263871,0394,54912,56317,112
13276,7011,4263881,0384,93713,60118,538

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Listing Agent: Donald Pasek
Listing Office: Omniterra Real Properties Inc.
6453 N. Minnehaha Chicago

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