2 Flat 2652 Harding Logan Square Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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2 Flat 2652 Harding Logan Square Chicago IL Mu In

City: CHICAGO ZIP: 60647

Built In: 1910

Lot Size: A

Lot Dimensions: 30 X 124

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1900

Unit 2 Floor 2: 2 bedrooms 1 baths $1875

Gross Income $62,700

Net Op. Income $52,630

Detailed Listing Description

Beautiful gut-rehab brick 2-flat with garden unit in hot Logan Square neighborhood. This unique building sits on an extra wide 30' lot & features an extra-large floorplan for the 1st & 2nd floor units, which includes a sun room, living room, dining room, 2 bedrooms, 1 bath, large kitchen with island & eat-in area. The building has all-new windows, roof, plumbing, overhead sewer, drain tile, electrical (200 amp), tuckpointing, high-efficient central air & heat on all 3 floors, new kitchens, bathrooms, & appliances. Garden unit offers 2 bedrooms with 1 bath. Additional features include a 2 car garage with side parking pad, yard space, patio, lots of storage space, & coin laundry in basement. Move-in ready for owner-occupied buyer or a great turnkey investment with a 6.6% cap. Ideally situated around the corner from beautiful Kosciuszko Park, 2 blocks away from Brew Brew Coffee shop, Cermak Fresh Market, Binny's, Petco, & restaurants. Close to Diversey bus & Logan Blue Line.

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B,C
  • 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,E
  • Tenant Pays Unit 2B,C,D,E
Appliances
  • Appliances Unit 1A,B,E,F,I,S
  • Appliances Unit 2A,B,E,F,I,S
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 54% 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 49% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $45,300 Monthly $3,775
Rental Income Stabilized : Annual $38,436 Monthly $3,203
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$799,0002$399,5003.38%17.640.40%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,775$3,203
Year Total$45,300$38,436
Expense
Total$18,282$18,282
Net Operating Income$27,018$20,154
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9668 $26769 $36437 $3037
Total         $9,668 $26,769 $36,437   $-9,419 $9,668 $249
Stabilized         $9,668 $26,769 $36,437   $-16,283 $9,668 $-6,615
Custom         $9668 $26769 $36437   $-16283 $9668 $-6615




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1599,2503,0377902,2477902,2473,037
2598,4603,0377932,2441,5834,4916,074
3597,6673,0377962,2412,3786,7339,111
4596,8723,0377992,2383,1778,97112,148
5596,0733,0378022,2353,97911,20615,185
6595,2713,0378052,2324,78413,43818,222
7594,4663,0378082,2295,59115,66821,259
8593,6593,0378112,2266,40217,89424,296
9592,8483,0378142,2237,21620,11727,333
10592,0343,0378172,2208,03322,33730,370
11591,2173,0378202,2178,85324,55433,407
12590,3973,0378232,2149,67626,76836,444
13589,5743,0378262,21110,50228,97939,481

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Listing Agent: Faustino Aguilera
Listing Office: Century 21 S.G.R., Inc.
3425 N Monticello Ave Unit 2 Chicago

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