3 Flat 822 Wood West Town Chicago IL Mu Investmen| Chicago Property Listings – X Plus Real Estate

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3 Flat 822 Wood West Town Chicago IL Mu Investmen

City: Chicago ZIP: 60622

Built In: 1890

Lot Size: L

Lot Dimensions: 25X124

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $FAM

Unit 2 Floor 1: 2 bedrooms 1 baths $FAM

Unit 3 Floor 2: 3 bedrooms 1 baths $OWN

Detailed Listing Description

Charming, unique and beautiful red-brick Victorian with enormous open-plan owner's duplex. Two units (front to back) on first floor and 1300 sq ft open loft owner's unit on second with 1300 sq ft attic Artists' studio space. Sweet and secluded back yard that backs up to a urban city park. Bright light from all directions. Rich fir floors, abundant tall windows with pocket shutters. Unique vintage fireplace - fancy glazed tiles and wood mantle. Volumes of space. Fantastic location - steps from Chicago Ave's budding gallery district - retail, restaurants and transit.

Additional Property Details

Garage & Parking
  • ParkingN
  • 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
  • Appliances Unit 1A,B,S
  • Appliances Unit 2A,B,S
  • Appliances Unit 3A,B,E,K,R,S,U
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 7% more than other 3 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 3% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $33,096 Monthly $2,758
Rental Income Stabilized : Annual $66,012 Monthly $5,501
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,758$5,501
Year Total$33,096$66,012
Net Operating Income$9,751$42,667
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $10285 $28478 $38763 $3231
Total         $10,285 $28,478 $38,763   $-29,012 $10,285 $-18,727
Stabilized         $10,285 $28,478 $38,763   $3,904 $10,285 $14,189
Custom         $10285 $28478 $38763   $3904 $10285 $14189

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Richard Anselmo
Listing Office: @properties
851 N. Damen Ave. Chicago

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