2 Flat 4857 KILpatrick Albany Park Chicago IL Mu | Chicago Property Listings – X Plus Real Estate

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2 Flat 4857 KILpatrick Albany Park Chicago IL Mu

City: CHICAGO ZIP: 60630

Built In: 1911

Lot Size: A

Lot Dimensions: 27 X 176

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1200

Unit 2 Floor 2: 2 bedrooms 1 baths $1100

Gross Income $27,600

Detailed Listing Description

Attention investors! Charming North Mayfair area 2-flat w/ garden in-law unit on over-sized Chicago lot! Quiet tree-lined street but close to shopping, restaurants entertainment. Front & rear porches with massive fenced yard for entertaining or just relaxing. First floor unit includes large living & dinning rooms, and eat-in kitchen. Updated second floor unit also includes eat-in kitchen. Garden in-law lower level features living room, kitchen, dining room, bedroom & storage room which can be used as another bedroom. Three rental parking spaces included. Hurry, best value in area!

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces3
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,E
  • Tenant Pays Unit 2B,C,E
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Grade SchoolPalmer Elementary School
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolTaft High School
  • High School District299

Comparative Data

Zip Code Comparison: 60630

Listings in this Zip Code average: 2 to 3 units, and are priced at $387,305 to $445,558
This listing is 11% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Albany Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $382,923 to $549,758
This listing is 10% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $27,600 Monthly $2,300
Rental Income Stabilized : Annual $35,520 Monthly $2,960
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,300$2,960
Year Total$27,600$35,520
Net Operating Income$10,812$18,732
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $4174 $11556 $15730 $1311
Total         $4,174 $11,556 $15,730   $-4,918 $4,174 $-744
Stabilized         $4,174 $11,556 $15,730   $3,002 $4,174 $7,176
Custom         $4174 $11556 $15730   $3002 $4174 $7176

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: David Piche'
Listing Office: Real Living City Residential
3741 N Clifton #1 Chicago

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