3 Flat 2629 California Logan Square Chicago IL Mu| Chicago Property Listings – X Plus Real Estate

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3 Flat 2629 California Logan Square Chicago IL Mu

City: CHICAGO ZIP: 60647

Built In: U

Lot Size: A

Lot Dimensions: 25X125

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $1825

Unit 2 Floor 1: 3 bedrooms 1 baths $1700

Unit 3 Floor G: 1 bedrooms 1 baths $1500

Detailed Listing Description

Perfect turn key investment opportunity in Logan Square, just steps from the bustling Milwaukee Avenue corridor. This legal 3 Unit consists of (2) 3 bedroom, 1 bathroom units, and (1) 1 bedroom plus den/office, 1 bathroom garden unit. All units have spacious layouts with designated living and dining areas, fully equipped kitchens with newer appliances. Shared laundry in the basement. Large common patio ideal for grilling or outdoor relaxing, and a detached two car garage at the rear of the building. A short walk to the Blue Line Train at California, and easy access to the 90/94 expressway.

Additional Property Details

Garage & Parking
  • Gargage DetailsB
  • 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,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
Appliances
  • Appliances Unit 1A,B,E,F,S
  • Appliances Unit 2A,B,E,F,S
  • Appliances Unit 3A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 17% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 5% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $60,300 Monthly $5,025
Rental Income Stabilized : Annual $62,592 Monthly $5,216
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$725,0003$241,6674.43%12.020.72%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$5,025$5,216
Year Total$60,300$62,592
Expense
Total$28,171$28,171
Net Operating Income$32,129$34,421
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $8772 $24290 $33062 $2756
Total         $8,772 $24,290 $33,062   $-933 $8,772 $7,839
Stabilized         $8,772 $24,290 $33,062   $1,359 $8,772 $10,131
Custom         $8772 $24290 $33062   $1359 $8772 $10131




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1543,7502,7567172,0397172,0392,756
2543,0332,7567202,0361,4374,0755,512
3542,3132,7567222,0342,1596,1098,268
4541,5912,7567252,0312,8848,14011,024
5540,8662,7567282,0283,61210,16813,780
6540,1382,7567302,0264,34212,19416,536
7539,4082,7567332,0235,07514,21719,292
8538,6752,7567362,0205,81116,23722,048
9537,9392,7567392,0176,55018,25424,804
10537,2002,7567422,0147,29220,26827,560
11536,4582,7567442,0128,03622,28030,316
12535,7142,7567472,0098,78324,28933,072
13534,9672,7567502,0069,53326,29535,828

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Listing Agent: Owen Duffy
Listing Office: Fulton Grace Realty
5833 Blackstone Ave La Grange Highlands

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