2 Flat 2547 Homer Logan Square Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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2 Flat 2547 Homer Logan Square Chicago IL Mu Inve

City: CHICAGO ZIP: 60647

Built In: U

Lot Size: A

Lot Dimensions: 24 X 124

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

LOCATION, LOCATION, LOCATION! LOCATED ON QUIET TREE LINED STREET YET CLOSE TO ALL THE EXCITEMENT BUCKTOWN & WICKER PARK OFFER! CLOSE TO BLUE LINE TRAIN STATION, 606 TRAIL, LOADS OF RESTAURANTS & SHOPPING! GREAT OPPORTUNITY!

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 1J
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 17% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 20% 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 $30,749 Monthly $2,562
Rental Income Stabilized : Annual $38,436 Monthly $3,203
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$429,9002$214,9503.84%13.980.75%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,562$3,203
Year Total$30,749$38,436
Expense
Total$14,237$14,237
Net Operating Income$16,512$24,199
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5202 $14403 $19605 $1634
Total         $5,202 $14,403 $19,605   $-3,093 $5,202 $2,109
Stabilized         $5,202 $14,403 $19,605   $4,594 $5,202 $9,796
Custom         $5202 $14403 $19605   $4594 $5202 $9796




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1322,4251,6344251,2094251,2091,634
2322,0001,6344261,2088512,4173,268
3321,5741,6344281,2061,2803,6224,902
4321,1451,6344301,2041,7094,8276,536
5320,7161,6344311,2032,1416,0298,170
6320,2841,6344331,2012,5737,2319,804
7319,8521,6344351,1993,0088,43011,438
8319,4171,6344361,1983,4449,62813,072
9318,9811,6344381,1963,88210,82414,706
10318,5431,6344391,1954,32112,01916,340
11318,1041,6344411,1934,76313,21117,974
12317,6621,6344431,1915,20514,40319,608
13317,2201,6344441,1905,65015,59221,242

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Listing Agent: Tina Culver
Listing Office: Sergio & Banks Real Estate
5317 N Meade Chicago

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