2 Flat 2604 Superior West Town Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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2 Flat 2604 Superior West Town Chicago IL Mu Inve

City: CHICAGO ZIP: 60612

Built In: 1882

Lot Size: A

Lot Dimensions: 24 X 123

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1500

Unit 2 Floor 2: 2 bedrooms 1 baths $1500

Detailed Listing Description

Brick Two Flat with lots of updates one quiet block from desirable Smith Park. Ready to rent, each 2 bedrooms and 1 bath unit features in-unit laundry, kitchens with dishwashers, hardwood floors, and individually controlled furnace and central AC. Impeccably updated building improvements include recent tear off roof, brand new full brick facade, newer copper plumbing, 3-meter electrical, 1-1/4" copper water service, overhead sewer, and sump pump. Lush garden with outdoor patio designed for low maintenance and conserving water. Spacious two car garage. Live in one unit and rent out the other, or create your custom single family home! Rarely available Smith Park location with Metra and CTA steps away, easy access to highways 90/94 and 290, along with walking distance to groceries, restaurants, and a climbing gym.

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
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Appliances Unit 1A,B,C,D,E,I,N,S
  • Appliances Unit 2A,B,C,E,I,N,S,U
  • Grade SchoolChopin Elementary School
  • Grade School District299
  • Jr High/Middle SchoolChopin Elementary School
  • Jr High/Middle School District299
  • High SchoolClemente Community Academy Senio
  • High School District299

Comparative Data

Zip Code Comparison: 60612

Listings in this Zip Code average: 2 to 3 units, and are priced at $326,800 to $381,361
This listing is 53% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 17% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $36,000 Monthly $3,000
Rental Income Stabilized : Annual $32,328 Monthly $2,694
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,000$2,694
Year Total$36,000$32,328
Net Operating Income$20,592$16,920
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $6038 $16718 $22756 $1897
Total         $6,038 $16,718 $22,756   $-2,164 $6,038 $3,874
Stabilized         $6,038 $16,718 $22,756   $-5,836 $6,038 $202
Custom         $6038 $16718 $22756   $-5836 $6038 $202

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Shannon Boyle
Listing Office: Coldwell Banker Residential
21235 Silktree Cir Plainfield

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