4 Flat 2516 Campbell Logan Square Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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4 Flat 2516 Campbell Logan Square Chicago IL Mu I

City: Chicago ZIP: 60647

Built In: 1905

Lot Size: A

Lot Dimensions: 37X126

# of Units: 4

Unit 1 Floor 0: 3 bedrooms 1 baths $0

Unit 2 Floor 1: 2 bedrooms 1 baths $0

Unit 3 Floor 2: 1 bedrooms 1 baths $0

Unit 4 Floor 1: 3 bedrooms 1 baths $0

Detailed Listing Description

4 unit property in the Heart of Logan Square on oversized 37x126 lot! The main building is comprised of 1, 3 bed/1 bath unit, 1, 2bed/1bath unit, 1, 1bed/1bath unit, and a legal 2 story, 1-unit coach house that is 3bed/1 bath in the rear. Units under rented and plenty of value add opportunity here. Building tuckpointed 7 years ago. Zoned RS-3. Builders can build dream home with the massive lot size.

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Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2B,C,D,F,H
  • Tenant Pays Unit 3B,C
  • Tenant Pays Unit 4B,C,D
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B,C,D,J,P,S
  • Appliances Unit 3A,B
  • Appliances Unit 4A,B,I,M
Schools
  • Grade SchoolBrentano Elementary School Math
  • 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 47% more than other 4 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 54% more than other 4 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 $51,158 Monthly $4,263
Rental Income Stabilized : Annual $63,948 Monthly $5,329
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$599,0004$149,7504.15%11.710.89%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,263$5,329
Year Total$51,158$63,948
Expense
Total$26,308$26,308
Net Operating Income$24,850$37,640
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7248 $20068 $27316 $2277
Total         $7,248 $20,068 $27,316   $-2,466 $7,248 $4,782
Stabilized         $7,248 $20,068 $27,316   $10,324 $7,248 $17,572
Custom         $7248 $20068 $27316   $10324 $7248 $17572




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1449,2502,2775921,6855921,6852,277
2448,6582,2775951,6821,1873,3674,554
3448,0632,2775971,6801,7845,0476,831
4447,4662,2775991,6782,3836,7259,108
5446,8672,2776011,6762,9848,40111,385
6446,2662,2776041,6733,58710,07513,662
7445,6632,2776061,6714,19311,74615,939
8445,0572,2776081,6694,80113,41518,216
9444,4492,2776101,6675,41115,08220,493
10443,8392,2776131,6646,02416,74622,770
11443,2262,2776151,6626,63918,40825,047
12442,6112,2776171,6607,25620,06827,324
13441,9942,2776201,6577,87621,72529,601

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