3 Flat 1722 Wabansia West Town Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









3 Flat 1722 Wabansia West Town Chicago IL Mu Inve

City: CHICAGO ZIP: 60622

Built In: U

Lot Size: A

Lot Dimensions: 24'3/4'' X 80''

# of Units: 3

Unit 1 Floor G: 2 bedrooms 1 baths $2000

Unit 2 Floor 1: 2 bedrooms 1 baths $1750

Unit 3 Floor 2: 3 bedrooms 2 baths $2900

Gross Income $79,800

Detailed Listing Description

Super low maintenance, fully rehabbed 3-Flat investment opportunity in prime Bucktown steps away from the 606, Damen shops, public transportation and the forthcoming Lincoln Yards development. All new electric, plumbing and HVAC. New roof, tuckpointed and refreshed landscaping and hardscaping. Modern finishes. Fully rented with highly qualified renters. 3 bed/ 2 bath- $2900 - MARCH 2020 1 bed + Den/ 1 bath- $1750 - MAY 2020 2 bed/ 1 bath- $2000 - JUNE 2020 Annual Gross Income: $79,800 Agent owned.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • 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,C,D,E,F,I,Q,X
  • Appliances Unit 2A,B,C,D,E,F,I,Q,U,X
  • Appliances Unit 3A,B,C,D,E,I,Q,X
Schools
  • Grade School District219
  • Jr High/Middle School District219
  • High School District219

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 30% 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 36% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $79,800 Monthly $6,650
Rental Income Stabilized : Annual $70,608 Monthly $5,884
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$1,190,0003$396,6674.17%14.910.49%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$6,650$5,884
Year Total$79,800$70,608
Expense
Total$30,135$30,135
Net Operating Income$49,665$40,473
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $14399 $39868 $54267 $4523
Total         $14,399 $39,868 $54,267   $-4,602 $14,399 $9,797
Stabilized         $14,399 $39,868 $54,267   $-13,794 $14,399 $605
Custom         $14399 $39868 $54267   $-13794 $14399 $605




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1892,5004,5231,1763,3471,1763,3474,523
2891,3244,5231,1813,3422,3576,6899,046
3890,1434,5231,1853,3383,54210,02713,569
4888,9584,5231,1893,3344,73113,36118,092
5887,7694,5231,1943,3295,92516,69022,615
6886,5754,5231,1983,3257,12320,01527,138
7885,3774,5231,2033,3208,32623,33531,661
8884,1744,5231,2073,3169,53326,65136,184
9882,9674,5231,2123,31110,74529,96240,707
10881,7554,5231,2163,30711,96233,26845,230
11880,5384,5231,2213,30213,18336,57049,753
12879,3174,5231,2263,29714,40839,86854,276
13878,0924,5231,2303,29315,63843,16158,799

Explore Nearby Neighborhoods

Portage ParkNearby Neighborhoods X Plus Real Estate

Portage Park

Humboldt ParkNearby Neighborhoods X Plus Real Estate

Humboldt Park

AvondaleNearby Neighborhoods X Plus Real Estate

Avondale

Listing Agent: Joshua Bowes-Carlson
Listing Office: @properties
1007 Judson Ave Evanston

© 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.