3 Flat 1348 Campbell West Town Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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3 Flat 1348 Campbell West Town Chicago IL Mu Inve

City: CHICAGO ZIP: 60622

Built In: 1900

Lot Size: A

Lot Dimensions: 25'X126'

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Unit 3 Floor 3: 3 bedrooms 1 baths $0

Gross Income $9,300

Net Op. Income $85,000

Detailed Listing Description

**Rehabbers/Investors** Excellent opportunity for your next project. This jumbo true 3 flat is in need of a full renovation. The structure and units are in good condition and the entire building needs a complete update - all mechanicals and cosmetics and exterior. Each unit is currently set up as 3 bed 1 bath units. Super high ceilings and after repaired values would be in the high 700's. Full unfinished basement to duplex as well. DRIVE BY ONLY - NO INTERIOR SHOWINGS UNTIL UNDER CONTRACT - DO NOT DISTURB TENANTS AND DO NOT LOITER IN FRONT OF THE PROPERTY OR WALK ONTO THE PROPERTY.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1I
  • Tenant Pays Unit 2I
  • Tenant Pays Unit 3I
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Appliances Unit 3O
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 70% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 69% more than other 3 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 $57,264 Monthly $4,772
Rental Income Stabilized : Annual $71,580 Monthly $5,965
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,772$5,965
Year Total$57,264$71,580
Net Operating Income$34,721$49,037
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $3327 $9210 $12537 $1045
Total         $3,327 $9,210 $12,537   $22,184 $3,327 $25,511
Stabilized         $3,327 $9,210 $12,537   $36,500 $3,327 $39,827
Custom         $3327 $9210 $12537   $36500 $3327 $39827

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Michael Linden
Listing Office: Redfin Corporation
3930 N. Pine Grove #516 Chicago

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