3 Flat 2859 Central Park Avondale Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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3 Flat 2859 Central Park Avondale Chicago IL Mu I

City: CHICAGO ZIP: 60618

Built In: 1911

Lot Size: A

Lot Dimensions: 25X125

Lot Description: H

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor G: 3 bedrooms 1 baths $0

Detailed Listing Description

Solid Brick Certified 2 Unit in hot Avondale area plus full english finished basement with separate entrances, bath and 3 bdr. Apartments on 1st and 2nd floor have 2 bdr and 1 bth. Newer roof and windows.2.5 car garage for extra income. Easy walk to Blue Line and bus around the corner. This is excellent investment in great location.

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
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
  • Appliances Unit 1A,B,J,S
  • Appliances Unit 2A,B,J,S
  • Appliances Unit 3A,B
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 6% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 11% 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 $49,642 Monthly $4,137
Rental Income Stabilized : Annual $62,052 Monthly $5,171
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,137$5,171
Year Total$49,642$62,052
Net Operating Income$30,273$42,683
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $6649 $18410 $25059 $2089
Total         $6,649 $18,410 $25,059   $5,214 $6,649 $11,863
Stabilized         $6,649 $18,410 $25,059   $17,624 $6,649 $24,273
Custom         $6649 $18410 $25059   $17624 $6649 $24273

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Mitchell Kulpinski
Listing Office: Chicagoland Brokers, Inc.
5122 N. Odell Ave. Harwood Hts.

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