4 Flat 3939 Iowa Humboldt Park Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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4 Flat 3939 Iowa Humboldt Park Chicago IL Mu Inve

City: Chicago ZIP: 60651

Built In: 1922

Lot Size: C

Lot Dimensions: 27.125

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $900

Unit 2 Floor 2: 2 bedrooms 1 baths $900

Unit 3 Floor 3: 2 bedrooms 1 baths $900

Unit 4 Floor 4: 2 bedrooms 1 baths $875

Detailed Listing Description

BRICK SOLID 4 UNITS FEATURING 2 LARGE SIZE BEDROOMS, LIVING ROOM AND EAT IN KITCHEN IN EACH UNIT, ALL UNITS HAVE FORCED AIR AND TASTEFULLY UPDATED. CASH FLOWING AT ITS BEST. 2 UNITS PAY THE MORTGAGE.BASEMENT HAS HIGH CEILING AND 2 EXITS PERFECT FOR DUPLEX ALTERNATIVE. FHA OK NO LEASES ALL MONTH TO MONTH AND NO SECURITY DEPOSITS, CALL US UP******OH is set for 9/28/19 1-3 PM Agents must be present with clients. Buyers alone will not be allowed!!! If no agent and want to attend the OH you must register by texting 7086954008 with name,number,email and pre apprval letter!!no exceptions!!!

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
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
  • Tenant Pays Unit 3J
  • Tenant Pays Unit 4J
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • Appliances Unit 4A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60651

Listings in this Zip Code average: 2 to 3 units, and are priced at $193,400 to $245,557
This listing is 23% more than other 4 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 2% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $42,900 Monthly $3,575
Rental Income Stabilized : Annual $46,620 Monthly $3,885
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$295,0004$73,7506.69%6.881.32%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,575$3,885
Year Total$42,900$46,620
Expense
Total$23,164$23,164
Net Operating Income$19,736$23,456
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3570 $9884 $13454 $1122
Total         $3,570 $9,884 $13,454   $6,282 $3,570 $9,852
Stabilized         $3,570 $9,884 $13,454   $10,002 $3,570 $13,572
Custom         $3570 $9884 $13454   $10002 $3570 $13572




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1221,2501,1222928302928301,122
2220,9581,1222938295861,6582,244
3220,6641,1222958278802,4863,366
4220,3701,1222968261,1763,3124,488
5220,0741,1222978251,4734,1375,610
6219,7771,1222988241,7704,9626,732
7219,4801,1222998232,0695,7857,854
8219,1811,1223008222,3696,6078,976
9218,8811,1223018212,6717,42710,098
10218,5791,1223028202,9738,24711,220
11218,2771,1223038193,2769,06612,342
12217,9741,1223058173,5819,88313,464
13217,6691,1223068163,88710,69914,586

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Listing Agent: Rene Mendoza
Listing Office: Midland Realty Group
2210 N 75th CT Elmwood Park

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