4 Flat 3816 18 Irving Park Irving Park Chicago IL| Chicago Property Listings – X Plus Real Estate

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4 Flat 3816 18 Irving Park Irving Park Chicago IL

City: Chicago ZIP: 60618

Built In: 1917

Lot Size: A

Lot Dimensions: 37 X 126

# of Units: 4

Unit 1 Floor 1: 1 bedrooms 1 baths $915

Unit 2 Floor 2: 1 bedrooms 1 baths $935

Unit 3 Floor 2: 1 bedrooms 1 baths $915

Unit 4 Floor 1: 1 bedrooms 1 baths $1125

Gross Income $50,880

Detailed Listing Description

Zoned B3, It is a Center entrance 2 story Brick 4 flat. Great View of Independence park. Just Blocks from expressway & CTA/Metra Stations. All units have hardwood floors, Natural woodwork, Kitchen, Bedroom, Office, Dining Room, Living Room/Sun Room. All Kitchens have Ample wood cabinets, Stoves, refrigerators, microwaves and 3 units have dishwashers. 3816 Irving 1st floor (and Bsmt) are used as an office and have Gas Forced Air heating and AC. The rest of the building is heated by a Gas Hot Water Boiler, with radiators.

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces1
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
  • Tenant Pays Unit 4B,C,D
  • Appliances Unit 1A,B,E,F,Q,S
  • Appliances Unit 2A,B,E,F,Q,S
  • Appliances Unit 3A,B,E,F,Q,S
  • Appliances Unit 4A,B,F,Q,S
  • 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 13% 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 10% more than other 4 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $46,680 Monthly $3,890
Rental Income Stabilized : Annual $57,384 Monthly $4,782
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,890$4,782
Year Total$46,680$57,384
Net Operating Income$20,868$31,572
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $8530 $23620 $32150 $2680
Total         $8,530 $23,620 $32,150   $-11,282 $8,530 $-2,752
Stabilized         $8,530 $23,620 $32,150   $-578 $8,530 $7,952
Custom         $8530 $23620 $32150   $-578 $8530 $7952

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Fred Galati
Listing Office: Galati Realtors
5480 N Parkside Chicago

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