3 Flat 4906 Rockwell Lincoln Square Chicago IL Mu| Chicago Property Listings – X Plus Real Estate

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3 Flat 4906 Rockwell Lincoln Square Chicago IL Mu

City: CHICAGO ZIP: 60625

Built In: U

Lot Size: L

Lot Dimensions: 30 X 125

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $1600

Unit 2 Floor 2: 3 bedrooms 1 baths $1400

Unit 3 Floor 3: 3 bedrooms 1 baths $1400

Detailed Listing Description

Large 3 unit brick with finished basement in hot Lincoln sq, some updating in the apts, units 2 and 3 kitchens and baths have newer kitchen and baths, granite look laminate counter, ceramic tile baths, Jacuzzi on top floor, new windows 2005, new tear off roof 2017 etc.. the rents are very low, tnts are long term, rents should be 1600-1700 as they are. 48 hours notice tnt occupied for showings. there is plumbing for a second bath in ea apt off the kitchen they had 2 baths before. Easy to put the baths back. $800 for the finished basement in addition to the listed rents.

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
  • Tenant Pays Unit 1B
  • Tenant Pays Unit 2B
  • Tenant Pays Unit 3B
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B,E
  • Appliances Unit 3A,B,E
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60625

Listings in this Zip Code average: 2 to 3 units, and are priced at $524,450 to $650,684
This listing is 4% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lincoln Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $619,053 to $787,600
This listing is 21% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $52,800 Monthly $4,400
Rental Income Stabilized : Annual $57,300 Monthly $4,775
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,400$4,775
Year Total$52,800$57,300
Net Operating Income$20,368$24,868
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $7563 $20940 $28503 $2376
Total         $7,563 $20,940 $28,503   $-8,135 $7,563 $-572
Stabilized         $7,563 $20,940 $28,503   $-3,635 $7,563 $3,928
Custom         $7563 $20940 $28503   $-3635 $7563 $3928

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Marc Devereux
Listing Office: Coldwell Banker Residential
1840 N. Clark Street Chicago

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