2 Flat 1657 Tripp Humboldt Park Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 1657 Tripp Humboldt Park Chicago IL Mu Inv

City: CHICAGO ZIP: 60639

Built In: 1894

Lot Size: A

Lot Dimensions: 35 X 125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 2 baths $0

Detailed Listing Description

GREAT OPPORTUNITY TO OWN THIS 2 FLAT CORNER LOT IN GREAT AREA. MANY UPDATED: FRESHLY PAINT THRU-OUT, REFINISH HARDWOOD FLOOR, NEW APPLIANCES, 2 NEW WATER HEATERS, NEW KITCHEN IN BASEMENT. 1 ST FLOOR WITH 2 BED ROOMS, 1 BATH, KITCHEN, LARGE LIVING ROOM & DINNING ROOM. 2 ND FLOOR HAS STAIR TO 3RD FLOOR TO A TOTAL OF 3 BED ROOMS, 2 FULL BATHS, LIVING ROOM, KITCHEN, MASTER BED W/ MASTER BATH, NICE DECK. THE BASEMENT HAS 2 BED ROOM, KITCHEN, FULL BATH, LIVING ROOM, UTILITY ROOM. LARGE FENCED YARD, PARKING SPACES COULD PARK 4-6 CARS. 1ST FLOOR & 2ND FLOOR ARE SEPARATED UTILITIES. LAUNDRY HOOK UP IN 1ST & 2ND FLOOR. GREAT POTENTIAL!!! GREAT INVESTMENT OR MAKE IT YOUR HOME SWEET HOME! PRE-APPROVED BUYER SHOW AND SELL!!!

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces4
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,I,P,S
  • Appliances Unit 2A,B,I,P
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60639

Listings in this Zip Code average: 2 to 3 units, and are priced at $280,900 to $319,732
This listing is 7% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Humboldt Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
This listing is 34% more than other 2 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 $11,606 Monthly $967
Rental Income Stabilized : Annual $14,508 Monthly $1,209
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$299,9002$149,950-0.98%25.840.40%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$967$1,209
Year Total$11,606$14,508
Expense
Total$14,539$14,539
Net Operating Income$-2,933$-31
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3629 $10048 $13677 $1140
Total         $3,629 $10,048 $13,677   $-16,610 $3,629 $-12,981
Stabilized         $3,629 $10,048 $13,677   $-13,708 $3,629 $-10,079
Custom         $3629 $10048 $13677   $-13708 $3629 $-10079




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1224,9251,1402978432978431,140
2224,6281,1402988425941,6862,280
3224,3311,1402998418932,5273,420
4224,0321,1403008401,1933,3674,560
5223,7321,1403018391,4944,2065,700
6223,4311,1403028381,7965,0446,840
7223,1291,1403038372,0995,8817,980
8222,8261,1403048362,4046,7169,120
9222,5211,1403068342,7097,55110,260
10222,2161,1403078333,0168,38411,400
11221,9091,1403088323,3249,21612,540
12221,6011,1403098313,63310,04713,680
13221,2921,1403108303,94310,87714,820

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Listing Agent: Ngocmai Huynh
Listing Office: VNT Realty
5750 N. Saint Louis Ave Chicago

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