2 Flat 4323 Potomac Humboldt Park Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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2 Flat 4323 Potomac Humboldt Park Chicago IL Mu I

City: Chicago ZIP: 60651

Built In: 1922

Lot Size: L

Lot Dimensions: 30 X 125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $OWN

Unit 2 Floor 2: 2 bedrooms 1 baths $OWN

Detailed Listing Description

ATTENTION REHABBERS AND INVESTORS 1ST TIME ON THE MARKET OWNER OWNED PROPERTY FOR OVER 40YRS SOLID BRICK 2 FLAT WITH 7 FT CEILING IN UNFINISHED BASEMENT. PLUS 2 CAR GARAGE ON 30 FT LOT. ALL HARDWOOD FLRS LARGE EAT-IN KITCHENS-2 BEDROOMS PLUS TANDEM ROOM FOR A 3RD BEDROOM (BOTH APARTMENTS HAVE TANDEM BEDROOM THAT CAN BE USED FOR A 3RD BEDROOM OR EXTENDING THE BEDROOM TO MAKE A MASTER BEDROOM WITH A MASTER BATH) FORMAL DINING RM, BRIGHT LIV RM, BATH LOCATED BETWEEN BOTH BEDROOMS. BLDG NEEDS REHAB OR UPDATING. NICE FLOOR PLAN. BEING SOLD AS-IS. MUST BE ON ALL CONTRACTS.

Additional Property Details

Garage & Parking
  • Gargage DetailsF
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60651

Listings in this Zip Code average: 2 to 3 units, and are priced at $193,400 to $245,557
This listing is 3% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Humboldt Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
This listing is 16% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $16,560 Monthly $1,380
Rental Income Stabilized : Annual $25,320 Monthly $2,110
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$187,5002$93,7503.00%11.321.13%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,380$2,110
Year Total$16,560$25,320
Expense
Total$10,933$10,933
Net Operating Income$5,627$14,387
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2269 $6282 $8551 $713
Total         $2,269 $6,282 $8,551   $-2,924 $2,269 $-655
Stabilized         $2,269 $6,282 $8,551   $5,836 $2,269 $8,105
Custom         $2269 $6282 $8551   $5836 $2269 $8105




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1140,625713186527186527713
2140,4397131865273721,0541,426
3140,2537131875265591,5802,139
4140,0667131885257472,1052,852
5139,8787131885259352,6303,565
6139,6907131895241,1243,1544,278
7139,5017131905231,3143,6774,991
8139,3117131915221,5054,1995,704
9139,1207131915221,6964,7216,417
10138,9297131925211,8885,2427,130
11138,7377131935202,0815,7627,843
12138,5447131935202,2746,2828,556
13138,3517131945192,4696,8009,269

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Listing Agent: Antuane King
Listing Office: King Investment Group Inc
549 W. 62nd Street Chicago

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