4 Flat 2132 Belmont North Center Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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4 Flat 2132 Belmont North Center Chicago IL Mu In

City: CHICAGO ZIP: 60618

Built In: 1904

Lot Size: A

Lot Dimensions: 25 X 126

# of Units: 4

Unit 1 Floor 1: 0 bedrooms 0 baths $1485

Unit 2 Floor 1: 1 bedrooms 1 baths $1150

Unit 3 Floor 2: 3 bedrooms 1 baths $2375

Unit 4 Floor 3: 2 bedrooms 1 baths $1850

Detailed Listing Description

Belmont Corridor of Roscoe Village 4 unit mixed use building. 1st floor rear apartment is a 1 bedroom. 2nd floor unit is a 3 bedroom 1 1/2 bath. The bathroom room features a separate tub and shower. Granite kitchen with stainless appliances. Laundry in unit. The 3rd floor unit is a 2 bedroom 1 bath unit. Unit 1 is a store front. This building makes a great investment. Brick paver rear back yard. 2 car garage. Dry basement with laundry. Newer furnaces, hot water tank, new roof and gutter system. Rents are several hundred dollars below market due to long term tenants. Don't miss out on this fantastic opportunity.

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C,D
  • Tenant Pays Unit 4B,C,D
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2A,B,I
  • Appliances Unit 3A,B,C,D,E,I,S
  • Appliances Unit 4A,B,E,I,S
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 22% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - North Center

Listings in this Neighborhood average: 2 to 3 units, with average prices of $652,145 to $788,113
This listing is 3% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $82,320 Monthly $6,860
Rental Income Stabilized : Annual $73,452 Monthly $6,121
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$995,0004$248,7505.09%12.090.62%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$6,860$6,121
Year Total$82,320$73,452
Expense
Total$31,715$31,715
Net Operating Income$50,605$41,737
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $12039 $33335 $45374 $3782
Total         $12,039 $33,335 $45,374   $5,231 $12,039 $17,270
Stabilized         $12,039 $33,335 $45,374   $-3,637 $12,039 $8,402
Custom         $12039 $33335 $45374   $-3637 $12039 $8402




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1746,2503,7829842,7989842,7983,782
2745,2663,7829872,7951,9715,5937,564
3744,2793,7829912,7912,9628,38411,346
4743,2883,7829952,7873,95611,17215,128
5742,2943,7829982,7844,95513,95518,910
6741,2953,7821,0022,7805,95716,73522,692
7740,2933,7821,0062,7766,96319,51126,474
8739,2873,7821,0102,7727,97322,28330,256
9738,2773,7821,0132,7698,98625,05234,038
10737,2643,7821,0172,76510,00327,81737,820
11736,2473,7821,0212,76111,02430,57841,602
12735,2263,7821,0252,75712,04933,33545,384
13734,2013,7821,0292,75313,07836,08849,166

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Listing Agent: Jeremy Jackson
Listing Office: Zumper, Inc.
2650 W Belden Ave Apt 201 Chicago

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