2 Flat 3623 Grenshaw North Lawndale Chicago IL Mu| Chicago Property Listings – X Plus Real Estate

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2 Flat 3623 Grenshaw North Lawndale Chicago IL Mu

City: CHICAGO ZIP: 60624

Built In: 1914

Lot Size: L

Lot Dimensions: 25 X 125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Gross Income $14,400

Net Op. Income $8,400

Detailed Listing Description

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60624

Listings in this Zip Code average: 2 to 3 units, and are priced at $130,267 to $183,760
This listing is 169% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - North Lawndale

Listings in this Neighborhood average: 3 to 4 units, with average prices of $179,950 to $259,170
This listing is 184% 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 $23,472 Monthly $1,956
Rental Income Stabilized : Annual $29,340 Monthly $2,445
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$350,0002$175,0003.18%14.910.70%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,956$2,445
Year Total$23,472$29,340
Expense
Total$12,348$12,348
Net Operating Income$11,124$16,992
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4235 $11726 $15961 $1331
Total         $4,235 $11,726 $15,961   $-4,837 $4,235 $-602
Stabilized         $4,235 $11,726 $15,961   $1,031 $4,235 $5,266
Custom         $4235 $11726 $15961   $1031 $4235 $5266




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1262,5001,3313479843479841,331
2262,1531,3313489836951,9672,662
3261,8051,3313499821,0442,9493,993
4261,4561,3313519801,3943,9305,324
5261,1061,3313529791,7464,9096,655
6260,7541,3313539782,0995,8877,986
7260,4011,3313549772,4546,8639,317
8260,0461,3313569752,8107,83810,648
9259,6901,3313579743,1678,81211,979
10259,3331,3313599723,5259,78513,310
11258,9751,3313609713,88510,75614,641
12258,6151,3313619704,24611,72615,972
13258,2541,3313639684,60912,69417,303

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Listing Agent: Roberto Rodriguez
Listing Office: Solaris Enterprises Inc
714 N Homan Ave Chicago

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