2 Flat 2225 Belden Logan Square Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 2225 Belden Logan Square Chicago IL Mu Inv

City: CHICAGO ZIP: 60647

Built In: 1910

Lot Size: L

Lot Dimensions: 24 X 100

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 2 baths $NA

Unit 2 Floor 2: 3 bedrooms 3 baths $NA

Detailed Listing Description

All brick zoned 3 flat on tree-lined street in Bucktown. Unit 1 features 2 bed, 2 bath, hardwood floors, SS appliances, steam shower & WIC. Unit 2 is perfect for owner occupant or investment; 3 bed, 3 bath with condo quality finishes. 2 car garage with deck and pergola above. Close to Bucktown restaurants, Damen shopping, and the Blue Line.

Additional Property Details

Garage & Parking
  • 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,D
  • Tenant Pays Unit 2B,C,D,H
Appliances
  • Appliances Unit 1A,B,C,D,E,F,G,H,I,M,N,U
  • Appliances Unit 2A,B,C,D,E,G,I,M,N,S,U
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 72% more than other 2 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 66% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $20,700 Monthly $1,725
Rental Income Stabilized : Annual $26,760 Monthly $2,230
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$889,0002$444,500-0.12%42.950.25%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,725$2,230
Year Total$20,700$26,760
Expense
Total$21,810$21,810
Net Operating Income$-1,110$4,950
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $10757 $29784 $40541 $3379
Total         $10,757 $29,784 $40,541   $-41,651 $10,757 $-30,894
Stabilized         $10,757 $29,784 $40,541   $-35,591 $10,757 $-24,834
Custom         $10757 $29784 $40541   $-35591 $10757 $-24834




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1666,7503,3798792,5008792,5003,379
2665,8713,3798822,4971,7614,9976,758
3664,9893,3798852,4942,6467,49110,137
4664,1043,3798892,4903,5359,98113,516
5663,2153,3798922,4874,42712,46816,895
6662,3233,3798952,4845,32214,95220,274
7661,4283,3798992,4806,22017,43323,653
8660,5303,3799022,4777,12219,91027,032
9659,6283,3799052,4748,02822,38330,411
10658,7223,3799092,4708,93724,85333,790
11657,8133,3799122,4679,84927,32037,169
12656,9013,3799162,46310,76429,78440,548
13655,9863,3799192,46011,68432,24343,927

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Listing Agent: Ryan Preuett
Listing Office: Jameson Sotheby's Int'l Realty
154 W. Hubbard Chicago

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