2 Flat 2345 Walton West Town Chicago IL Mu Invest| Chicago Property Listings – X Plus Real Estate

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2 Flat 2345 Walton West Town Chicago IL Mu Invest

City: CHICAGO ZIP: 60622

Built In: 1903

Lot Size: A

Lot Dimensions: 30X124

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Presenting this fabulous brick 2 flat in Hot Ukrainian Village--Hardwood floors, beautiful built in cabinets, pillars, molding,doors, kitchen with transom windows, 2nd floor hall tree with bench and mirror along with plenty of windows for natural light. Enclosed back porches, walk in pantries, great yard and an all brick 2 car garage (such a plus). 1st floor unit access to the basement has duplex potential with existing plumbing. Bring your ideas-the first floor needs updating but is truly a diamond. Great location with a short walk to Chicago Ave for just about everything you need-hop on the Chicago Ave bus to Michigan Ave or take the Grand bus to Navy Pier. etc. The Division corridor full of restaurants and night life is also a stroll away. This is a charmer that has been family owned for over 70 years. Hardwood on both floors except kitchen and baths (Linoleum and Ceramic)

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • 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
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
Schools
  • 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 12% more than other 2 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 0% more than other 2 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 $35,664 Monthly $2,972
Rental Income Stabilized : Annual $44,580 Monthly $3,715
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$599,0002$299,5003.44%16.800.62%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,972$3,715
Year Total$35,664$44,580
Expense
Total$15,087$15,087
Net Operating Income$20,577$29,493
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7248 $20068 $27316 $2277
Total         $7,248 $20,068 $27,316   $-6,739 $7,248 $509
Stabilized         $7,248 $20,068 $27,316   $2,177 $7,248 $9,425
Custom         $7248 $20068 $27316   $2177 $7248 $9425




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1449,2502,2775921,6855921,6852,277
2448,6582,2775951,6821,1873,3674,554
3448,0632,2775971,6801,7845,0476,831
4447,4662,2775991,6782,3836,7259,108
5446,8672,2776011,6762,9848,40111,385
6446,2662,2776041,6733,58710,07513,662
7445,6632,2776061,6714,19311,74615,939
8445,0572,2776081,6694,80113,41518,216
9444,4492,2776101,6675,41115,08220,493
10443,8392,2776131,6646,02416,74622,770
11443,2262,2776151,6626,63918,40825,047
12442,6112,2776171,6607,25620,06827,324
13441,9942,2776201,6577,87621,72529,601

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Listing Agent: Karen Wright
Listing Office: Coldwell Banker Residential
521 N REDFIELD CT PARK RIDGE

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