2 Flat 4857 Addison Portage Park Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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2 Flat 4857 Addison Portage Park Chicago IL Mu In

City: CHICAGO ZIP: 60641

Built In: 1915

Lot Size: K

Lot Dimensions: 37 X 125

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $800

Detailed Listing Description

CITY CERTIFIED LEGAL 2 FLAT IN HOT PORTAGE PARK AREA. LIVING RM & DINING RM COMBINATION. KIT W/BREAKFAST TABLE & PANTRY, 3 BRS ON EACH FLOOR, CT BATHS. ENCLOSED PORCH. SEPARATE HEAT & ELECTRIC. FIN BSMT HAS REC RM W/BAR WORKROOM, LAUNDRY, STORAGE, BATH W/SHOWER. EXTRA WIDE LOT W/SIDE DRIVE, 2 CAR GARAGE, NICE BACKYARD. CLOSE TO EXPRESSWAY & BLUE LINE TRAIN STATION. CLEAN & WELL MAINTAINED PROPERTY. 1ST SHOWING - 1ST FLOOR & BSMT ONLY.

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
Appliances
  • Appliances Unit 1A,B,C,D,F
  • Appliances Unit 2A,B,F
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • 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 15% 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 9% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $9,600 Monthly $800
Rental Income Stabilized : Annual $16,596 Monthly $1,383
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$320,0002$160,000-1.09%33.330.43%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$800$1,383
Year Total$9,600$16,596
Expense
Total$13,083$13,083
Net Operating Income$-3,483$3,513
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3872 $10721 $14593 $1217
Total         $3,872 $10,721 $14,593   $-18,076 $3,872 $-14,204
Stabilized         $3,872 $10,721 $14,593   $-11,080 $3,872 $-7,208
Custom         $3872 $10721 $14593   $-11080 $3872 $-7208




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1240,0001,2173179003179001,217
2239,6831,2173188996351,7992,434
3239,3651,2173198989552,6963,651
4239,0451,2173218961,2753,5934,868
5238,7251,2173228951,5974,4886,085
6238,4031,2173238941,9205,3827,302
7238,0801,2173248932,2446,2758,519
8237,7561,2173258922,5707,1669,736
9237,4301,2173278902,8968,05710,953
10237,1041,2173288893,2248,94612,170
11236,7761,2173298883,5539,83413,387
12236,4471,2173308873,88310,72114,604
13236,1171,2173328854,21511,60615,821

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Listing Agent: Janusz Kulesza
Listing Office: Beaulieu Real Estate
8498 W. Grand Ave. River Grove

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