2 Flat 2726 WILton Lincoln Park Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 2726 WILton Lincoln Park Chicago IL Mu Inv

City: Chicago ZIP: 60614

Built In: 1889

Lot Size: A

Lot Dimensions: 25X75

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1400

Unit 2 Floor 2: 3 bedrooms 2 baths $2495

Detailed Listing Description

Heart of Lincoln Park. Own an entire building with income for the price of a condo! Perfect for investor or owner occupant. Owner's duplex up is a 3 bed, 2 bath with fireplace, in-unit laundry, separate formal dining room, vaulted cathedral ceilings and skylights, updated eat-in kitchen with tall, ebony wood cabinets, granite counter tops, stainless steel appliances including dishwasher. An enormous open concept master suite features massive storage and large master bathroom with double vanity. Duplex up features front balcony and back deck. First floor unit is 2 bed 1 bath with fireplace, formal dining room, and back deck. Kitchen features stainless steel appliances including dishwasher. Coin laundry for first floor unit. Full unfinished basement with excellent storage. Building has central air and features a front porch. Conveniently located steps from the Brown and Purple line and in Alcott School District.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Appliances Unit 1A,B,E,I,M,S
  • Appliances Unit 2A,B,C,D,E,F,I,P,R,S,T
  • Grade SchoolAlcott Elementary School
  • Grade School District299
  • Jr High/Middle SchoolAlcott Elementary School
  • Jr High/Middle School District299
  • High SchoolLincoln Park High School
  • High School District299

Comparative Data

Zip Code Comparison: 60614

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,397,655 to $1,464,000
This listing is 32% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lincoln Park

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,494,179 to $1,560,429
This listing is 28% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $46,740 Monthly $3,895
Rental Income Stabilized : Annual $67,392 Monthly $5,616
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,895$5,616
Year Total$46,740$67,392
Net Operating Income$25,166$45,818
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $6643 $18393 $25036 $2087
Total         $6,643 $18,393 $25,036   $130 $6,643 $6,773
Stabilized         $6,643 $18,393 $25,036   $20,782 $6,643 $27,425
Custom         $6643 $18393 $25036   $20782 $6643 $27425

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Laura Topp
Listing Office: Berkshire Hathaway HomeServices KoenigRubloff
1543 W. George St. Chicago

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