3 Flat 4329 Ashland Lake View Chicago IL Mu Inves| Chicago Property Listings – X Plus Real Estate

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3 Flat 4329 Ashland Lake View Chicago IL Mu Inves

City: Chicago ZIP: 60613

Built In: 1911

Lot Size: K

Lot Dimensions: 37X148

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $1300

Unit 3 Floor 3: 3 bedrooms 1 baths $1300

Detailed Listing Description

Rare opportunity in East Ravenswood for investor or live-in owner. True jumbo 3 flat with huge full unfinished basement with laundry room and full bath. All apartments approx 1500 plus sq ft., all have 3 bedrooms, large living rooms with attached sun rooms, formal dining rooms. 9 ft ceilings, hardwood floors. Some upgrades include c/ac on first floor, boiler rebuilt in 2019, some copper plumbing and some replacement windows, new roof layer in 2019 on building and garage, hot water tank 5 yrs. old.Tenants on month to month, 1st floor family occupied. Fantastic area close to brown line, metra, Southport corridor, shops and restaurants.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces3
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
Appliances
  • Appliances Unit 1A,B,I,S
  • Appliances Unit 2A,B,S
  • Appliances Unit 3A,B,S
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60613

Listings in this Zip Code average: 2 to 3 units, and are priced at $750,873 to $1,005,200
This listing is 18% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lake View

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,039,522 to $1,694,786
This listing is 21% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $31,200 Monthly $2,600
Rental Income Stabilized : Annual $78,180 Monthly $6,515
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$825,0003$275,0001.76%26.440.79%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,600$6,515
Year Total$31,200$78,180
Expense
Total$16,665$16,665
Net Operating Income$14,535$61,515
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9982 $27640 $37622 $3136
Total         $9,982 $27,640 $37,622   $-23,087 $9,982 $-13,105
Stabilized         $9,982 $27,640 $37,622   $23,893 $9,982 $33,875
Custom         $9982 $27640 $37622   $23893 $9982 $33875




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1618,7503,1368162,3208162,3203,136
2617,9343,1368192,3171,6344,6386,272
3617,1163,1368222,3142,4566,9529,408
4616,2943,1368252,3113,2819,26312,544
5615,4693,1368282,3084,10911,57115,680
6614,6413,1368312,3054,94013,87618,816
7613,8103,1368342,3025,77416,17821,952
8612,9763,1368372,2996,61218,47625,088
9612,1383,1368402,2967,45220,77228,224
10611,2983,1368442,2928,29623,06431,360
11610,4543,1368472,2899,14325,35334,496
12609,6073,1368502,2869,99327,63937,632
13608,7573,1368532,28310,84629,92240,768

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Listing Agent: Leonard Benefico
Listing Office: Dream Town Realty
6224 N. Sacramento Ave. Chicago

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