2 Flat 2547 Thomas West Town Chicago IL Mu Invest| Chicago Property Listings – X Plus Real Estate

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2 Flat 2547 Thomas West Town Chicago IL Mu Invest

City: CHICAGO ZIP: 60622

Built In: 1907

Lot Size: A

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1765

Unit 2 Floor 2: 2 bedrooms 1 baths $1600

Detailed Listing Description

Great value and potential for this brick 2-Flat in one of Chicago's most desirable neighborhoods: West Town / Ukrainian Village. Units have hardwood floors, updated Kitchens and Baths. Finished basement. Fully rented. Property is located near parks, public transportation, shops, and restaurants.

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
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A,E
Appliances
  • Appliances Unit 1A,B,E,F,S
  • Appliances Unit 2A,B,E,F,S
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 7% more than other 2 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 4% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $40,380 Monthly $3,365
Rental Income Stabilized : Annual $40,824 Monthly $3,402
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$575,0002$287,5004.20%14.240.59%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,365$3,402
Year Total$40,380$40,824
Expense
Total$16,253$16,253
Net Operating Income$24,127$24,571
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6958 $19264 $26222 $2186
Total         $6,958 $19,264 $26,222   $-2,095 $6,958 $4,863
Stabilized         $6,958 $19,264 $26,222   $-1,651 $6,958 $5,307
Custom         $6958 $19264 $26222   $-1651 $6958 $5307




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1431,2502,1865691,6175691,6172,186
2430,6812,1865711,6151,1403,2324,372
3430,1102,1865731,6131,7134,8456,558
4429,5372,1865751,6112,2886,4568,744
5428,9622,1865771,6092,8658,06510,930
6428,3852,1865801,6063,4459,67113,116
7427,8052,1865821,6044,02711,27515,302
8427,2232,1865841,6024,61112,87717,488
9426,6392,1865861,6005,19714,47719,674
10426,0532,1865881,5985,78516,07521,860
11425,4652,1865911,5956,37617,67024,046
12424,8742,1865931,5936,96819,26426,232
13424,2822,1865951,5917,56320,85528,418

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Listing Agent: Robert Lulkiewicz
Listing Office: American International Realty
2765 Dempster Park Ridge

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