4 Flat 3730 32 Central Park Chi Irving Park Chi| Chicago Property Listings – X Plus Real Estate

Find the home or investment property you’ve been looking for!

Quick Search

Select Search Area

Selected Areas (10)
Listing Types

Property Features

4 Flat 3730 32 Central Park Chi Irving Park Chi

City: Chicago ZIP: 60618

Built In: 1914

Lot Size: A

Lot Dimensions: 50 X 125

Lot Description: H

# of Units: 4

Unit 1 Floor 1: 3 bedrooms 2 baths $2050

Unit 2 Floor 2: 3 bedrooms 1 baths $1390

Unit 3 Floor 1: 3 bedrooms 2 baths $1680

Unit 4 Floor 2: 3 bedrooms 1 baths $1595

Gross Income $81,780

Net Op. Income $62,276

Detailed Listing Description

RARELY AVAILABLE, TRUE 4-UNIT BUILDING on a DOUBLE LOT (50 x 125 ft) with beautiful center entrance in a highly desirable Irving Park location just 5 blocks from Independence Park! This building is a money maker with a CAP Rate of 7... and it doesn't get better for an easy-to-rent location- just 2 blocks from the Blue Line Addison Stop, close to the Metra, & easy access to a plethora of shopping & restaurants & 90/94 as well (perfect for commuters & getting to the airport). This beautiful building has recently had over $150,000 in updates including all brand new back decks & stairs, a brand new built-out 4BR, 2BTH Duplex Down, 2 new furnaces, all new hot water heaters & a drain tile system as well. All units are separately metered & tenants pay all their own utilities! With almost $82,000 in yearly income (from coin laundry & rents) & room for rent increases through continued cosmetic updates to the apartments this building represents an opportunity for a solid investment in a solid

Additional Property Details

Garage & Parking
  • Gargage DetailsA,G
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces4
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Tenant Pays Unit 4B,C,D
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • Appliances Unit 4A,B
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 9% more than other 4 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 39% more than other 4 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $80,580 Monthly $6,715
Rental Income Stabilized : Annual $102,504 Monthly $8,542
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$6,715$8,542
Year Total$80,580$102,504
Net Operating Income$52,482$74,406
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $10755 $29781 $40536 $3378
Total         $10,755 $29,781 $40,536   $11,946 $10,755 $22,701
Stabilized         $10,755 $29,781 $40,536   $33,870 $10,755 $44,625
Custom         $10755 $29781 $40536   $33870 $10755 $44625

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

Explore Nearby Neighborhoods

Logan SquareNearby Neighborhoods X Plus Real Estate

Logan Square

LakeviewNearby Neighborhoods X Plus Real Estate


Portage ParkNearby Neighborhoods X Plus Real Estate

Portage Park

Listing Agent: Michael Hall
Listing Office: Baird & Warner
5514 N. Paulina Chicago

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.