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
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,E,F,S
  • Appliances Unit 2A,B,E,F,S
Schools
  • 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
$453,9002$226,9500.55%24.560.66%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,540$3,000
Year Total$18,480$36,000
Expense
Total$15,963$15,963
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
Down
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
1340,4251,7254481,2774481,2771,725
2339,9771,7254501,2758982,5523,450
3339,5271,7254521,2731,3503,8255,175
4339,0751,7254531,2721,8045,0966,900
5338,6211,7254551,2702,2596,3668,625
6338,1661,7254571,2682,7167,63410,350
7337,7091,7254591,2663,1748,90112,075
8337,2511,7254601,2653,63510,16513,800
9336,7901,7254621,2634,09711,42815,525
10336,3281,7254641,2614,56012,69017,250
11335,8651,7254661,2595,02613,94918,975
12335,3991,7254671,2585,49315,20720,700
13334,9321,7254691,2565,96216,46322,425

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

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