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
  • 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 1A,B,F,I,S
  • Appliances Unit 2A,B,I,Q,S,U
  • Appliances Unit 3A,B,I,S
  • Appliances Unit 4A,B,I
  • 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
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,840$4,800
Year Total$46,080$57,600
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
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

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Listing Agent: Maria DelBoccio
Listing Office: @properties

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