4 Flat 4027 KILbourn Irving Park Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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4 Flat 4027 KILbourn Irving Park Chicago IL Mu In

City: CHICAGO ZIP: 60641

Built In: 1916

Lot Size: A

Lot Dimensions: 4,725 SF

Lot Description: H

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor 1: 2 bedrooms 1 baths $0

Unit 4 Floor 2: 1 bedrooms 1 baths $0

Detailed Listing Description

Make an offer!! Motivated Seller!! In the heart of the Old Irving Park neighborhood sits this sun-filled, one-of-a-kind 4 unit (plus in-law) property. Front vintage building has 2 large units with sun-rooms and breakfast nooks. At the rear of the lot, sits a pleasant surprise.....a 2 unit house with a full basement equipped with washer & dryer, for a total of 5 potential incomes!! You may consider converting one to a single family home and keep the other for income or duplex down with the 1st floor unit!! Endless possibilities with this one-of-a-kind property. All units have separate utilities & individual central a/c. Ideally located to transportation, expressways, restaurants, shopping and Independence Park!! I urge you not to miss this opportunity in the rapidly developing area!!

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces1
  • Parking on SiteY
  • Parking OwnershipN
  • 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,F,I,S
  • Appliances Unit 2A,B,I,Q,S,U
  • Appliances Unit 3A,B,I,S
  • Appliances Unit 4A,B,I
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolTaft 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 22% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 8% 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 $46,080 Monthly $3,840
Rental Income Stabilized : Annual $57,600 Monthly $4,800
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$689,0004$172,2502.51%14.950.70%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,840$4,800
Year Total$46,080$57,600
Expense
Total$28,760$28,760
Net Operating Income$17,320$28,840
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $8337 $23084 $31421 $2619
Total         $8,337 $23,084 $31,421   $-14,101 $8,337 $-5,764
Stabilized         $8,337 $23,084 $31,421   $-2,581 $8,337 $5,756
Custom         $8337 $23084 $31421   $-2581 $8337 $5756




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1516,7502,6196811,9386811,9382,619
2516,0692,6196841,9351,3653,8735,238
3515,3852,6196861,9332,0515,8067,857
4514,6992,6196891,9302,7407,73610,476
5514,0102,6196911,9283,4329,66313,095
6513,3182,6196941,9254,12611,58815,714
7512,6242,6196971,9224,82213,51118,333
8511,9282,6196991,9205,52215,43020,952
9511,2282,6197021,9176,22317,34823,571
10510,5272,6197051,9146,92819,26226,190
11509,8222,6197071,9127,63521,17428,809
12509,1152,6197101,9098,34523,08331,428
13508,4052,6197121,9079,05724,99034,047

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Listing Agent: Maria DelBoccio
Listing Office: @properties

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