2 Flat 4037 Monitor Portage Park Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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2 Flat 4037 Monitor Portage Park Chicago IL Mu In

City: CHICAGO ZIP: 60634

Built In: 1925

Lot Size: A

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Calling all investors! Unbeatable Portage Park brick legal 2 flat with finished basement for duplexing! Impeccably maintained throughout by longtime owner. Units boast brand new/refinished hardwood floors, new carpet, new fridge, new dishwasher along with new faucets in all bathrooms and kitchens. Basement is finished and has potential to duplex with main level creating a possible 4 bed/2 bath unit! Entire home has fresh interior paint, new roof, new boiler, new washer/dryer and beautiful concrete patio in your private yard. 2 1/2 garage. Enjoy all that Portage Park has to offer in the beautifully maintained building!

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
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
  • Appliances Unit 1A,B,E
  • Appliances Unit 2A,B,E
  • Grade SchoolSmyser Elementary School
  • Grade School District299
  • Jr High/Middle SchoolSmyser Elementary School
  • Jr High/Middle School District299
  • High SchoolTaft High School
  • High School District299

Comparative Data

Zip Code Comparison: 60634

Listings in this Zip Code average: 2 to 3 units, and are priced at $329,214 to $451,036
This listing is 21% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 13% more than other 2 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $11,270 Monthly $939
Rental Income Stabilized : Annual $14,088 Monthly $1,174
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$939$1,174
Year Total$11,270$14,088
Net Operating Income$-2,647$171
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $4839 $13398 $18237 $1520
Total         $4,839 $13,398 $18,237   $-20,884 $4,839 $-16,045
Stabilized         $4,839 $13,398 $18,237   $-18,066 $4,839 $-13,227
Custom         $4839 $13398 $18237   $-18066 $4839 $-13227

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Ted Kuhlmann
Listing Office: Berkshire Hathaway HomeServices KoenigRubloff
1001 W. Altgeld #5 Chicago

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