2 Flat 3306 Cullom Irving Park Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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2 Flat 3306 Cullom Irving Park Chicago IL Mu Inve

City: CHICAGO ZIP: 60618

Built In: 1911

Lot Size: L

Lot Dimensions: 30X126

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

ATTENTION CONTRACTORS/INVESTORS...EXCELLENT OPPORTUNITY TO REHAB THIS JUMBO BRICK 2 FLAT OR CONVERT TO SINGLE FAMILY RESIDENCE. A LOT OF CURRENT ON-GOING DEVELOPMENT ON THE BLOCK. LOVELY ORIGINAL WOOD STAIRCASE. BOTH UNITS CONSIST OF LIVING ROOM, FORMAL DINING ROOM WITH BAY WINDOW, 2 BEDROOMS, BATH AND KITCHEN WITH PANTRY. IN ADDITION EACH UNIT HAS AN ENCLOSED 3 SEASON FRONT PORCH. 13X7 OPEN BACK DECK TO EACH UNIT. 2ND FLOOR HAS ORIGINAL BUILT-INS WITH STAIN GLASS WINDOWS IN LIVING AND DINING ROOM. FULL BASEMENT WITH EXTERIOR ACCESS.... NEW ROOF 05/04/2019.... GREAT FENCED YARD, 2 CAR GARAGE WITH SIDE PAD FOR ADDITIONAL CAR AND SECURITY GATE. CONVENIENTLY LOCATED TO TRANSPORTATION. SOLD IN "AS-IS" CONDITION....

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 1B
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1A
  • Appliances Unit 2O
Schools
  • 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 23% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 14% 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 $28,157 Monthly $2,346
Rental Income Stabilized : Annual $35,196 Monthly $2,933
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$369,9002$184,9502.81%13.140.79%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,346$2,933
Year Total$28,157$35,196
Expense
Total$17,777$17,777
Net Operating Income$10,380$17,419
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4476 $12393 $16869 $1406
Total         $4,476 $12,393 $16,869   $-6,489 $4,476 $-2,013
Stabilized         $4,476 $12,393 $16,869   $550 $4,476 $5,026
Custom         $4476 $12393 $16869   $550 $4476 $5026




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1277,4251,4063661,0403661,0401,406
2277,0591,4063671,0397332,0792,812
3276,6921,4063681,0381,1013,1174,218
4276,3241,4063701,0361,4714,1535,624
5275,9541,4063711,0351,8425,1887,030
6275,5831,4063731,0332,2156,2218,436
7275,2101,4063741,0322,5897,2539,842
8274,8361,4063751,0312,9648,28411,248
9274,4611,4063771,0293,3419,31312,654
10274,0841,4063781,0283,71910,34114,060
11273,7061,4063801,0264,09811,36815,466
12273,3271,4063811,0254,48012,39216,872
13272,9451,4063821,0244,86213,41618,278

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Listing Agent: Lucy Kozlowski
Listing Office: Coldwell Banker Residential
5252 N. Laporte Chicago

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