2 Flat 3566 Belden Logan Square Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 3566 Belden Logan Square Chicago IL Mu Inv

City: CHICAGO ZIP: 60647

Built In: 1901

Lot Size: A

Lot Dimensions: 126 X 25

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $OWN

Unit 2 Floor 2: 3 bedrooms 2 baths $800

Detailed Listing Description

ATTENTION INVESTORS OR REHABBERS LOOKING FOR A GREAT DEAL IN LOGAN SQUARE!! COME AND SEE THIS 2 UNIT BUILDING IN NEED OF UPDATE WITH UNFINISHED BASEMENT AND PARTIALLY FINISHED ATTIC WITH SKYLIGHT WINDOWS AND HALF BATHROOM. GREAT LOCATION. PROPERTY IS SOLD AS IS. CASH OR RENOVATION LOANS ONLY.

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 1B,C,D,E,F,G,H
  • Tenant Pays Unit 2B,C,D
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 37% 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 39% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $26,340 Monthly $2,195
Rental Income Stabilized : Annual $50,880 Monthly $4,240
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$325,0002$162,5004.12%12.341.30%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,195$4,240
Year Total$26,340$50,880
Expense
Total$12,956$12,956
Net Operating Income$13,384$37,924
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3933 $10889 $14822 $1236
Total         $3,933 $10,889 $14,822   $-1,438 $3,933 $2,495
Stabilized         $3,933 $10,889 $14,822   $23,102 $3,933 $27,035
Custom         $3933 $10889 $14822   $23102 $3933 $27035




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1243,7501,2363229143229141,236
2243,4281,2363239136451,8272,472
3243,1051,2363249129692,7393,708
4242,7811,2363269101,2953,6494,944
5242,4551,2363279091,6224,5586,180
6242,1281,2363289081,9505,4667,416
7241,8001,2363299072,2796,3738,652
8241,4711,2363309062,6107,2789,888
9241,1401,2363329042,9418,18311,124
10240,8091,2363339033,2749,08612,360
11240,4761,2363349023,6089,98813,596
12240,1421,2363359013,94410,88814,832
13239,8061,2363378994,28111,78716,068

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Listing Agent: Alejandra Benitez
Listing Office: RE/MAX Partners
6420 W CERMAK RD BERWYN

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