3 Flat 1846 Rockwell Logan Square Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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3 Flat 1846 Rockwell Logan Square Chicago IL Mu I

City: CHICAGO ZIP: 60647

Built In: 1887

Lot Size: L

Lot Dimensions: 28 X 126

Lot Description: E,H

# of Units: 3

Unit 1 Floor 1: 1 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor B: 2 bedrooms 1 baths $0

Detailed Listing Description

Investors, Are you looking for a nice income property in a great location? You just found it! This Hot West Bucktown 2 Flat w/In-law apt in the basement is on a Corner lot across the street from Lucy Flower Park, walking distances to the Blue line station & trendy restaurants, 5 minutes to I-90 and 1/2 block to the 606 Bike Trail, This property features: Laminate flooring, freshly painted T/O (2019), New bathroom floor (2019), Nice size eat-in kitchen with 42" cabinets, newer appliances and new LED light fixture, Central air on 1st floor, separate hot water tanks, Thermal pane windows, Private fenced yard with patio great for grilling & entertaining, 3 car garage for extra income. Neither broker nor owner make any representation of the legality of the basement in-law apartment. Sold in "as is" condition

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces3
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B
  • Tenant Pays Unit 2B
  • Tenant Pays Unit 3J
  • Appliances Unit 1A,B,E,F,I,N,P,U
  • Appliances Unit 2A,B,E,J,N,U
  • Appliances Unit 3C,D,N,P
  • 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 19% 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 28% more than other 3 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 $46,810 Monthly $3,901
Rental Income Stabilized : Annual $58,512 Monthly $4,876
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,901$4,876
Year Total$46,810$58,512
Net Operating Income$27,991$39,693
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $6049 $16748 $22797 $1900
Total         $6,049 $16,748 $22,797   $5,194 $6,049 $11,243
Stabilized         $6,049 $16,748 $22,797   $16,896 $6,049 $22,945
Custom         $6049 $16748 $22797   $16896 $6049 $22945

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Linda Lee
Listing Office: Coldwell Banker Residential
5461 N. Normandy Ave Chicago

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