2 Flat 7133 Greenwood Greater Grand Crossing Chic| Chicago Property Listings – X Plus Real Estate

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2 Flat 7133 Greenwood Greater Grand Crossing Chic

City: CHICAGO ZIP: 60619

Built In: 1888

Lot Size: L

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Investors take notice! All the heavy lifting done. Property vacated, updated, cleaned and ready for your finishing touches, lease-up and cash flow. 2 units with large layouts. Updated kitchens and baths. hardwood floors. 3 bed 1 baths. 2 car garage out back. 12% cap rate potential!

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
Appliances
  • Appliances Unit 1S
  • Appliances Unit 2S
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60619

Listings in this Zip Code average: 3 to 4 units, and are priced at $181,739 to $178,992
This listing is 24% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Greater Grand Crossing

Listings in this Neighborhood average: 3 to 4 units, with average prices of $168,817 to $215,146
This listing is 32% 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 $21,379 Monthly $1,782
Rental Income Stabilized : Annual $26,724 Monthly $2,227
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$149,9002$74,9507.02%7.011.49%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,782$2,227
Year Total$21,379$26,724
Expense
Total$10,859$10,859
Net Operating Income$10,520$15,865
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $1814 $5023 $6837 $570
Total         $1,814 $5,023 $6,837   $3,683 $1,814 $5,497
Stabilized         $1,814 $5,023 $6,837   $9,028 $1,814 $10,842
Custom         $1814 $5023 $6837   $9028 $1814 $10842




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1112,425570148422148422570
2112,2775701494212978431,140
3112,1285701504204471,2631,710
4111,9785701504205971,6832,280
5111,8285701514197482,1022,850
6111,6775701514198992,5213,420
7111,5265701524181,0512,9393,990
8111,3745701524181,2033,3574,560
9111,2225701534171,3563,7745,130
10111,0695701534171,5094,1915,700
11110,9165701544161,6634,6076,270
12110,7625701554151,8185,0226,840
13110,6075701554151,9735,4377,410

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Listing Agent: Christopher Pezza
Listing Office: Miller Chicago LLC
275 Cottage Hill Ave Elmhurst

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