4 Flat 1917 Berteau North Center Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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4 Flat 1917 Berteau North Center Chicago IL Mu In

City: CHICAGO ZIP: 60613

Built In: 1891

Lot Size: K

Lot Dimensions: 37.5 X 125

Lot Description: H

# of Units: 4

Unit 1 Floor G: 1 bedrooms 1 baths $1200

Unit 2 Floor 1: 2 bedrooms 1 baths $1750

Unit 3 Floor 2: 3 bedrooms 1 baths $2100

Unit 4 Floor 3: 2 bedrooms 1 baths $1550

Gross Income $84,600

Detailed Listing Description

Rarely available 4 unit in North Center/Lincoln Square! Coonley school district too! Each unit is fully rehabbed with individual GFA/Central AC, Newer kitchens w/ dishwashers, updated baths and gorgeous hardwood floors throughout! First and 2nd floors have pocket doors and built-in hutches as well! Live in one unit now, and have the option to duplex two units down the road if you'd like more space. Ideal for 1031 Exchange investors as well! Rents could be higher. Tenants pay their own heat, gas and electric in these spacious units! Coin-op laundry and additional storage in the basement. Gorgeous exterior renovation by The Siding Group! Extra wide lot provides multiple areas for patios and BBQs in the rear yard! Metra and CTA Brown line stops are very close, and it's a short walk to restaurants, shopping, the Old Town School, Davis Theater and more along Lincoln Ave! Don't let this one get away! Fantastic price for this 4 unit on a 37.5' wide lot!

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2.5
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Tenant Pays Unit 4B,C,D
Appliances
  • Appliances Unit 1A,B,E
  • Appliances Unit 2A,B,E,I,S
  • Appliances Unit 3A,B,E,I,N,S
  • Appliances Unit 4A,B,E,I,R,S
Schools
  • Grade SchoolCoonley Elementary School
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60613

Listings in this Zip Code average: 2 to 3 units, and are priced at $750,873 to $1,005,200
This listing is 14% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - North Center

Listings in this Neighborhood average: 2 to 3 units, with average prices of $652,145 to $788,113
This listing is 2% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $79,200 Monthly $6,600
Rental Income Stabilized : Annual $81,492 Monthly $6,791
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$950,0004$237,5004.66%11.990.71%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$6,600$6,791
Year Total$79,200$81,492
Expense
Total$34,933$34,933
Net Operating Income$44,267$46,559
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $11495 $31828 $43323 $3611
Total         $11,495 $31,828 $43,323   $944 $11,495 $12,439
Stabilized         $11,495 $31,828 $43,323   $3,236 $11,495 $14,731
Custom         $11495 $31828 $43323   $3236 $11495 $14731




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1712,5003,6119392,6729392,6723,611
2711,5613,6119432,6681,8825,3407,222
3710,6183,6119462,6652,8288,00510,833
4709,6723,6119502,6613,77810,66614,444
5708,7223,6119532,6584,73113,32418,055
6707,7693,6119572,6545,68815,97821,666
7706,8123,6119602,6516,64818,62925,277
8705,8523,6119642,6477,61221,27628,888
9704,8883,6119682,6438,58023,91932,499
10703,9203,6119712,6409,55126,55936,110
11702,9493,6119752,63610,52629,19539,721
12701,9743,6119792,63211,50531,82743,332
13700,9953,6119822,62912,48734,45646,943

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Listing Agent: Thomas Brandt
Listing Office: Keller Williams Rlty Partners
3752 N Kostner Ave Chicago

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