2 Flat 1411 Campbell West Town Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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2 Flat 1411 Campbell West Town Chicago IL Mu Inve

City: CHICAGO ZIP: 60622

Built In: 1892

Lot Size: L

Lot Dimensions: 3150 SQ FT

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $1600

Unit 2 Floor 2: 3 bedrooms 1 baths $1400

Detailed Listing Description

Investors Only! Gorgeous, all brick multi unit in the heart of one of Chicago's fastest growing neighborhoods! First floor unit is a complete rehab! 2 car garage, exterior looks great- what's not to love? Out the door to a plethora of dining, entertainment, and public transportation options. First floor currently rented for $1400 through 6/20. Second floor currently rented for $1550 (includes both garage spaces) through 5/20.

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
Schools
  • Grade SchoolDe Diego Elementary School Commu
  • Grade School District299
  • Jr High/Middle SchoolDe Diego Elementary School Commu
  • Jr High/Middle School District299
  • High SchoolClemente Community Academy Senio
  • 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 17% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $36,000 Monthly $3,000
Rental Income Stabilized : Annual $44,376 Monthly $3,698
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$499,0002$249,5003.70%13.860.74%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,000$3,698
Year Total$36,000$44,376
Expense
Total$17,541$17,541
Net Operating Income$18,459$26,835
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6038 $16718 $22756 $1897
Total         $6,038 $16,718 $22,756   $-4,297 $6,038 $1,741
Stabilized         $6,038 $16,718 $22,756   $4,079 $6,038 $10,117
Custom         $6038 $16718 $22756   $4079 $6038 $10117




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1374,2501,8974941,4034941,4031,897
2373,7561,8974951,4029892,8053,794
3373,2611,8974971,4001,4864,2055,691
4372,7641,8974991,3981,9855,6037,588
5372,2651,8975011,3962,4866,9999,485
6371,7641,8975031,3942,9898,39311,382
7371,2611,8975051,3923,4949,78513,279
8370,7561,8975071,3904,00111,17515,176
9370,2491,8975091,3884,50912,56417,073
10369,7411,8975101,3875,02013,95018,970
11369,2301,8975121,3855,53215,33520,867
12368,7181,8975141,3836,04616,71822,764
13368,2041,8975161,3816,56318,09824,661

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Listing Agent: Scott Newman
Listing Office: Vesta Preferred LLC
1001 N Milwaukee Ave Suite 401 Chicago

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