2 Flat 4450 Leland Irving Park Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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2 Flat 4450 Leland Irving Park Chicago IL Mu Inve

City: Chicago ZIP: 60630

Built In: 1923

Lot Size: L

Lot Dimensions: 3125

Lot Description: F,H,N

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1300

Unit 2 Floor 1: 2 bedrooms 1 baths $1200

Detailed Listing Description

READY TO MOVE IN ONE UNIT (1st high floor RENT w OPTION TO BUY, 2nd floor rented) or USE BOTH UNITS FOR WHOLE FAMILY!!! MAYFAIR SOLID BRICK LEGAL 2 FLAT: 2bd/1ba each, plus WALKOUT BASEMENT w HIGH CEILING, Summer Kitchen, Laundry, toilet, storage... front & back entrance. NICE POTENTIAL FOR MORE LIVING SPACE. Building hoes: 6 ROOMS, 2 BEDROOMS ON EACH FLOOR, LARGE LIVING ROOMS & DINING ROOMS, EAT IN KITCHENS with walk-in Huge PANTRIES, enclosed: Porches & BACK STAIRS. NATURAL WOODWORK, Red Oak HARDWOOD FLOORS on 1st floor REFINISHED w Jacobean Stain. CLEAN & READY FOR YOUR UPDATING IDEAS. 2 FENCED LOTS area for FLOWER & VEGETABLE GARDENS & 2 CAR GARAGE entrance from alley . Cared w LOVE, FAMILY-Own for many years. JEFFERSON TOWNSHIP, IRVING PARK NEIGHBORHOOD. NEAR BLUE LINE. CLOSE TO EXPRESSWAYS & SHOPPING. SELLING AS-IS CONDITION.

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • 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
Appliances
  • Appliances Unit 1A,B,J,N,S,U
  • Appliances Unit 2A,B,J,N,S,U
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60630

Listings in this Zip Code average: 2 to 3 units, and are priced at $387,305 to $445,558
This listing is 3% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 7% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $30,000 Monthly $2,500
Rental Income Stabilized : Annual $37,440 Monthly $3,120
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$400,0002$200,0004.47%13.330.78%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,500$3,120
Year Total$30,000$37,440
Expense
Total$12,133$12,133
Net Operating Income$17,867$25,307
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4840 $13401 $18241 $1521
Total         $4,840 $13,401 $18,241   $-374 $4,840 $4,466
Stabilized         $4,840 $13,401 $18,241   $7,066 $4,840 $11,906
Custom         $4840 $13401 $18241   $7066 $4840 $11906




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1300,0001,5213961,1253961,1251,521
2299,6041,5213971,1247932,2493,042
3299,2071,5213991,1221,1923,3714,563
4298,8081,5214001,1211,5934,4916,084
5298,4071,5214021,1191,9955,6107,605
6298,0051,5214031,1182,3986,7289,126
7297,6021,5214051,1162,8037,84410,647
8297,1971,5214071,1143,2108,95812,168
9296,7901,5214081,1133,61810,07113,689
10296,3821,5214101,1114,02711,18315,210
11295,9731,5214111,1104,43912,29216,731
12295,5611,5214131,1084,85113,40118,252
13295,1491,5214141,1075,26514,50819,773

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Listing Agent: Tamara Vesna
Listing Office: RE/MAX City
3023 N. Clark St. # 727 Chicago

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