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
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D,H
  • 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
  • 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 $24,144 Monthly $2,012
Rental Income Stabilized : Annual $26,760 Monthly $2,230
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,012$2,230
Year Total$24,144$26,760
Net Operating Income$2,162$4,778
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $10757 $29784 $40541 $3379
Total         $10,757 $29,784 $40,541   $-38,379 $10,757 $-27,622
Stabilized         $10,757 $29,784 $40,541   $-35,763 $10,757 $-25,006
Custom         $10757 $29784 $40541   $-35763 $10757 $-25006

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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

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