2 Flat 5608 Eastwood Portage Park Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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2 Flat 5608 Eastwood Portage Park Chicago IL Mu I

City: Chicago ZIP: 60630

Built In: 1977

Lot Size: A

Lot Dimensions: 35X110

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $1540

Detailed Listing Description

Move in, or use this solid all brick two flat as an investment. The building features 2 separate units (each one with 3 bedrooms, 1.5 bath, hardwood floors, in wall A/C), attached 2 car garage, and in law unit in the basement with full bathroom and kitchen. Currently 1st floor is occupied by owner and 2nd floor is rented for $1540 till October 2020. Great location in a heart of Jefferson Park !!! Elementary school, supermarket, CVS and Starbucks only 2 blocks away. CTA ( blue line) and Metra 10 minute walk away from the house. Several parks and restaurants nearby. Low real estate taxes !!!

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeA
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Appliances Unit 1A,B,E,F,S
  • Appliances Unit 2A,B,E,F,S
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60630

Listings in this Zip Code average: 2 to 3 units, and are priced at $387,305 to $445,558
This listing is 17% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 28% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $18,480 Monthly $1,540
Rental Income Stabilized : Annual $36,000 Monthly $3,000
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,540$3,000
Year Total$18,480$36,000
Net Operating Income$2,517$20,037
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $5492 $15207 $20699 $1725
Total         $5,492 $15,207 $20,699   $-18,182 $5,492 $-12,690
Stabilized         $5,492 $15,207 $20,699   $-662 $5,492 $4,830
Custom         $5492 $15207 $20699   $-662 $5492 $4830

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Mariola Lisiecka
Listing Office: Savvy Properties Inc
Carol Stream

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