3 Flat 4637 Monticello Albany Park Chicago IL Mu | Chicago Property Listings – X Plus Real Estate

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3 Flat 4637 Monticello Albany Park Chicago IL Mu

City: CHICAGO ZIP: 60625

Built In: 1919

Lot Size: L

Lot Dimensions: 25X125

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $1300

Unit 2 Floor 2: 3 bedrooms 1 baths $OWN

Unit 3 Floor 3: 3 bedrooms 1 baths $0

Detailed Listing Description

Albany Park gem! This true 3 unit boasts 3 bedrooms in each unit with possible 4th tandem bedroom or walk in closet in each; large closets in each bedroom, hardwood floors throughout, 42 inch cabinets, stainless steel appliances, marble countertops, jacuzzi and electric/gas fireplace. 1st unit has cherry cabinets and cherry hardwood floors. Each unit has its own Central air/furnace unit; Generous sized storage area in the basement for each unit, which includes each units own private laundry area as well. Smart water meters installed for each unit; sensor lights throughout building; 6 parking spaces in the rear, two spaces per unit. Close to public transportation, Brown Line, junior high school, park, shopping. Excellent potential as investment and/or condo conversions!

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces6
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Tenant Pays Unit 3A
Appliances
  • Appliances Unit 1A,B,C,D,E,F,I,L,S
  • Appliances Unit 2A,B,C,D,E,F,I,L
  • Appliances Unit 3A,B,C,D,E,F,I,L
Schools
  • 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 2% more than other 3 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 16% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $32,556 Monthly $2,713
Rental Income Stabilized : Annual $57,300 Monthly $4,775
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$639,0003$213,0001.93%19.630.75%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,713$4,775
Year Total$32,556$57,300
Expense
Total$20,247$20,247
Net Operating Income$12,309$37,053
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7732 $21409 $29141 $2429
Total         $7,732 $21,409 $29,141   $-16,832 $7,732 $-9,100
Stabilized         $7,732 $21,409 $29,141   $7,912 $7,732 $15,644
Custom         $7732 $21409 $29141   $7912 $7732 $15644




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1479,2502,4296321,7976321,7972,429
2478,6182,4296341,7951,2663,5924,858
3477,9842,4296371,7921,9035,3847,287
4477,3472,4296391,7902,5427,1749,716
5476,7082,4296411,7883,1838,96212,145
6476,0672,4296441,7853,82710,74714,574
7475,4232,4296461,7834,47312,53017,003
8474,7772,4296491,7805,12114,31119,432
9474,1292,4296511,7785,77216,08921,861
10473,4782,4296531,7766,42617,86424,290
11472,8242,4296561,7737,08219,63726,719
12472,1682,4296581,7717,74021,40829,148
13471,5102,4296611,7688,40123,17631,577

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Listing Agent: Teresa Ramirez
Listing Office: Chicago Premier Realty, Inc.
4415 W. Fullerton Chicago

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