3 Flat 3140 Kenmore Lake View Chicago IL Mu Inves| Chicago Property Listings – X Plus Real Estate

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3 Flat 3140 Kenmore Lake View Chicago IL Mu Inves

City: CHICAGO ZIP: 60657

Built In: 1897

Lot Size: L

Lot Dimensions: 25 X 125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 2 baths $2500

Unit 2 Floor 2: 2 bedrooms 1 baths $1525

Unit 3 Floor 3: 2 bedrooms 1 baths $1525

Gross Income $5,550

Detailed Listing Description

Fantastic Lakeview location, solid brick legal 3-flat money maker. Attractive DePaul rental location. 1st Floor duplexed down with two more rentals up. Separate utilities

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Appliances Unit 1A,B,C,D,I,S,U
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • Grade SchoolAgassiz Elementary School
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolLincoln Park High School
  • High School District299

Comparative Data

Zip Code Comparison: 60657

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,088,824 to $1,836,727
This listing is 19% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lake View

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,039,522 to $1,694,786
This listing is 15% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $66,600 Monthly $5,550
Rental Income Stabilized : Annual $73,740 Monthly $6,145
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$5,550$6,145
Year Total$66,600$73,740
Net Operating Income$34,331$41,471
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $10634 $29446 $40080 $3340
Total         $10,634 $29,446 $40,080   $-5,749 $10,634 $4,885
Stabilized         $10,634 $29,446 $40,080   $1,391 $10,634 $12,025
Custom         $10634 $29446 $40080   $1391 $10634 $12025

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Matthew Walton
Listing Office: eXp Realty
2815 W. Logan Blvd #2 Chicago

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