2 Flat 1904 Spaulding Logan Square Chicago IL Mu | Chicago Property Listings – X Plus Real Estate

Find the home or investment property you’ve been looking for!

Quick Search

Select Search Area

Selected Areas (1)
Listing Types

Property Features

2 Flat 1904 Spaulding Logan Square Chicago IL Mu

City: Chicago ZIP: 60647

Built In: 1900

Lot Size: A

Lot Dimensions: 30X171

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $1300

Unit 2 Floor 2: 3 bedrooms 1 baths $1100

Detailed Listing Description

Great opportunity to own this solid greystone two-flat building with an in-law apartment in the basement in the very desired Logan Square neighborhood, just 1 1/2 blocks north of the 606 trail. All 3 of the units are 3br/1ba including the in-law apartment. The in-law apartment has good ceiling height and two entrances. The property has a two-car detached garage and a large backyard, 30x171 lot. This property is close to public transportation and easy access to I-90, walking distance to dining, shopping, and entertainment. The neighborhood is full of new developments and is great opportunity to own and collect rent or for investors. The property is being sold AS-IS. The owner and Broker don't warrant the legality of the basement unit.

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
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 6% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 2% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $28,800 Monthly $2,400
Rental Income Stabilized : Annual $42,144 Monthly $3,512
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,400$3,512
Year Total$28,800$42,144
Net Operating Income$8,007$21,351
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $6655 $18427 $25082 $2091
Total         $6,655 $18,427 $25,082   $-17,075 $6,655 $-10,420
Stabilized         $6,655 $18,427 $25,082   $-3,731 $6,655 $2,924
Custom         $6655 $18427 $25082   $-3731 $6655 $2924

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

Explore Nearby Neighborhoods

Lincoln ParkNearby Neighborhoods X Plus Real Estate

Lincoln Park

Logan SquareNearby Neighborhoods X Plus Real Estate

Logan Square

North CenterNearby Neighborhoods X Plus Real Estate

North Center

Listing Agent: Ricardo Rodriguez
Listing Office: Cobblestone Realty Inc
3028 W Eastwood Ave #2 Chicago

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.