2 Flat 1435 Harlem Forest Park IL Mu Investment | Chicago Property Listings – X Plus Real Estate

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2 Flat 1435 Harlem Forest Park IL Mu Investment

City: FOREST PARK ZIP: 60130

Built In: 1914

Lot Size: A

Lot Dimensions: 32X125

Lot Description: D

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $995

Unit 2 Floor 2: 2 bedrooms 1 baths $950

Detailed Listing Description

Affordable two flat in Forest Park is the one you've been looking for! First-floor three bedroom unit boasts a large living room, spacious kitchen, full bath, large master, two other good sized bedrooms and enclosed back porch. Upstairs is a two bedroom unit with good sized living room, separate dining room, sunny kitchen, bath, two bedrooms and enclosed back porch for additional storage. Each unit has large windows which bring in lots of light. Basement has mechanicals. Large yard and a two car garage in the back. Wonderful, commuter friendly location. Wanting to add to your investment portfolio? Don't miss this one!

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces3
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B
  • Tenant Pays Unit 2B
Appliances
  • Appliances Unit 1A,B,N,S
  • Appliances Unit 2A,B,N,S,U
Schools
  • Grade SchoolBetsy Ross Elementary School
  • Grade School District91
  • Jr High/Middle SchoolForest Park Middle School
  • Jr High/Middle School District91
  • High SchoolProviso East High School
  • High School District209

Comparative Data

Zip Code Comparison: 60130

Listings in this Zip Code average: 3 to 4 units, and are priced at $397,040 to $336,450
This listing is 36% more than other 2 unit listings in this zipcode.


Calculated Rents
Rental Income : Annual $23,340 Monthly $1,945
Rental Income Stabilized : Annual $43,644 Monthly $3,637
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$199,0002$99,5002.06%8.531.83%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,945$3,637
Year Total$23,340$43,644
Expense
Total$19,250$19,250
Net Operating Income$4,090$24,394
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2408 $6667 $9075 $757
Total         $2,408 $6,667 $9,075   $-4,985 $2,408 $-2,577
Stabilized         $2,408 $6,667 $9,075   $15,319 $2,408 $17,727
Custom         $2408 $6667 $9075   $15319 $2408 $17727




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1149,250757197560197560757
2149,0537571985593951,1191,514
3148,8557571995585941,6772,271
4148,6567572005577942,2343,028
5148,4567572005579942,7913,785
6148,2567572015561,1953,3474,542
7148,0557572025551,3973,9025,299
8147,8537572035541,5994,4576,056
9147,6517572035541,8035,0106,813
10147,4477572045532,0075,5637,570
11147,2437572055522,2126,1158,327
12147,0387572065512,4176,6679,084
13146,8337572065512,6247,2179,841

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Listing Agent: Swati Saxena
Listing Office: Baird & Warner, Inc.

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