3 Flat 1662 Mozart West Town Chicago IL Mu Invest| Chicago Property Listings – X Plus Real Estate

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3 Flat 1662 Mozart West Town Chicago IL Mu Invest

City: CHICAGO ZIP: 60647

Built In: U

Lot Size: K

Lot Dimensions: 38X100

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $1800

Unit 2 Floor 2: 3 bedrooms 1 baths $1700

Unit 3 Floor 3: 2 bedrooms 1 baths $1200

Detailed Listing Description

Super Clean Large Legal 3-flat ,1 block from the 606 in the amazing up and coming Logan Sq area! Extra Large yard, 3 Parking Spaces including a 2 car garage. Building improvements include: new porches front/rear, new exterior siding and all 3 apartments completely renovated /kitchens/baths done in 2016. New hardwood flooring in all 3 units. New laundry room bsmt . All separate utilities , individually controlled HVAC heat and Central A/C. Great opportunity !

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces1
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
Appliances
  • Appliances Unit 1A,B,E,I
  • Appliances Unit 2A,B,E,F,I
  • Appliances Unit 3A,B,E,F,I
Schools
  • 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 13% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 20% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $56,400 Monthly $4,700
Rental Income Stabilized : Annual $61,836 Monthly $5,153
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$699,0003$233,0004.82%12.390.74%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,700$5,153
Year Total$56,400$61,836
Expense
Total$22,731$22,731
Net Operating Income$33,669$39,105
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $8458 $23419 $31877 $2657
Total         $8,458 $23,419 $31,877   $1,792 $8,458 $10,250
Stabilized         $8,458 $23,419 $31,877   $7,228 $8,458 $15,686
Custom         $8458 $23419 $31877   $7228 $8458 $15686




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1524,2502,6576911,9666911,9662,657
2523,5592,6576941,9631,3853,9295,314
3522,8652,6576961,9612,0815,8907,971
4522,1692,6576991,9582,7807,84810,628
5521,4702,6577011,9563,4819,80413,285
6520,7692,6577041,9534,18511,75715,942
7520,0652,6577071,9504,89213,70718,599
8519,3582,6577091,9485,60215,65421,256
9518,6482,6577121,9456,31417,59923,913
10517,9362,6577151,9427,02819,54226,570
11517,2222,6577171,9407,74621,48129,227
12516,5042,6577201,9378,46623,41831,884
13515,7842,6577231,9349,18925,35234,541

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Listing Agent: SilviuCosmin Moldovan
Listing Office: Domain Realty
5915 W Higgins Ave, Apt GG Chicago

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