4 Flat 3410 Halsted Lake View Chicago IL Mu Inves| Chicago Property Listings – X Plus Real Estate

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4 Flat 3410 Halsted Lake View Chicago IL Mu Inves

City: CHICAGO ZIP: 60657

Built In: 2017

Lot Size: L

Lot Dimensions: 25 X 125

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 0 baths $4000

Unit 2 Floor 2: 2 bedrooms 2 baths $3400

Unit 3 Floor 3: 2 bedrooms 2 baths $3400

Unit 4 Floor 4: 2 bedrooms 2 baths $4000

Gross Income $17,760

Net Op. Income $13,717

Detailed Listing Description

Built in 2017. Excellent location. Walk to Everything. Easy to Maintain. Easy to rent. All Residential Units are Oversized 2 Bed 2 Bath with 10 ft Ceilings and High End Luxury Finishes: Hardwood Floors throughout, Large Living Rooms with Fireplace, Custom White Kitchens with Stone Counter Tops and Professional Grade Appliances, Master Bedrooms with Large Walk-in Closets and Marble Master Baths with Jacuzzi Tubs, Steam Showers, Heated Floors and Double Vanities. All units have Great Outdoor Space and Top Floor Unit has a Spectacular Roof Top Deck. Street level unit is a commercial space. Building is Fully Leased. 1 Garage and 2 Exterior Parking Spaces. Great Investment! A Must See!!

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces1
  • ParkingG,S
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • 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 Unit 1I,P
  • Appliances Unit 2A,B,C,D,E,F,G,I,L,N,P,S,U
  • Appliances Unit 3A,B,C,D,E,F,G,I,L,N,P,S,U
  • Appliances Unit 4A,B,C,D,E,F,G,I,L,N,P,S,U
  • Grade SchoolNettelhorst Elementary School
  • Grade School District299
  • Jr High/Middle SchoolNettelhorst Elementary School
  • Jr High/Middle School District299
  • High SchoolLake View High School
  • High School District299

Comparative Data

Zip Code Comparison: 60657

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,088,824 to $1,836,727
This listing is 33% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lake View

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,039,522 to $1,694,786
This listing is 45% more than other 4 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $177,600 Monthly $14,800
Rental Income Stabilized : Annual $147,624 Monthly $12,302
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$14,800$12,302
Year Total$177,600$147,624
Net Operating Income$119,415$89,439
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $29644 $82082 $111726 $9311
Total         $29,644 $82,082 $111,726   $7,689 $29,644 $37,333
Stabilized         $29,644 $82,082 $111,726   $-22,287 $29,644 $7,357
Custom         $29644 $82082 $111726   $-22287 $29644 $7357

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: David Panozzo
Listing Office: Coldwell Banker Residential
4716 N. Magnolia #1 Chicago

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