3 Flat 2449 Ridgeway Logan Square Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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3 Flat 2449 Ridgeway Logan Square Chicago IL Mu I

City: CHICAGO ZIP: 60647

Built In: 1914

Lot Size: A

Lot Dimensions: 25 X 125

# of Units: 3

Unit 1 Floor G: 2 bedrooms 1 baths $0

Unit 2 Floor 1: 2 bedrooms 1 baths $0

Unit 3 Floor 3: 2 bedrooms 1 baths $0

Detailed Listing Description

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 1A
  • Tenant Pays Unit 2A
  • Tenant Pays Unit 3A
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
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 13% more than other 3 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 22% 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 $46,762 Monthly $3,897
Rental Income Stabilized : Annual $58,452 Monthly $4,871
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$539,0003$179,6675.50%11.530.90%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,897$4,871
Year Total$46,762$58,452
Expense
Total$17,126$17,126
Net Operating Income$29,636$41,326
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6522 $18058 $24580 $2049
Total         $6,522 $18,058 $24,580   $5,056 $6,522 $11,578
Stabilized         $6,522 $18,058 $24,580   $16,746 $6,522 $23,268
Custom         $6522 $18058 $24580   $16746 $6522 $23268




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1404,2502,0495331,5165331,5162,049
2403,7172,0495351,5141,0683,0304,098
3403,1822,0495371,5121,6054,5426,147
4402,6452,0495391,5102,1446,0528,196
5402,1062,0495411,5082,6857,56010,245
6401,5652,0495431,5063,2299,06512,294
7401,0212,0495451,5043,77410,56914,343
8400,4762,0495471,5024,32112,07116,392
9399,9292,0495491,5004,87013,57118,441
10399,3802,0495511,4985,42115,06920,490
11398,8292,0495531,4965,97516,56422,539
12398,2752,0495551,4946,53018,05824,588
13397,7202,0495581,4917,08819,54926,637

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Listing Agent: Anthony Adreani
Listing Office: Adreani Realty Inc
129 Nantucket Ln, Barrington

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