2 Flat 12846 Mozart Blue Island IL Mu Investment | Chicago Property Listings – X Plus Real Estate

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2 Flat 12846 Mozart Blue Island IL Mu Investment

City: Blue Island ZIP: 60406

Built In: 1919

Lot Size: A

Lot Dimensions: 50X90

Lot Description: G

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $OWN

Unit 2 Floor 2: 1 bedrooms 1 baths $800

Detailed Listing Description

Spacious 1st-floor living room with new flooring that flows into the large kitchen with ample storage space. Large master bedroom with a walk-in closet, plenty of natural light & access to a huge deck! The 2nd floor has an updated kitchen & bath, spacious living room with a generous size bedroom. New central AC installed (2019), newer mechanicals (2018), and newer steel basement support beams 2018. Well maintained, shows very nice with options for related living or 2 units.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces1.5
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1A,B,C,D,E,I
  • Appliances Unit 2A,B,I
Schools
  • Grade School District130
  • Jr High/Middle School District130
  • High School District218

Comparative Data

Zip Code Comparison: 60406

Listings in this Zip Code average: 2 to 3 units, and are priced at $119,750 to $151,314
This listing is 17% more than other 2 unit listings in this zipcode.


Calculated Rents
Rental Income : Annual $19,800 Monthly $1,650
Rental Income Stabilized : Annual $9,600 Monthly $800
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$140,0002$70,0002.91%7.070.57%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,650$800
Year Total$19,800$9,600
Expense
Total$15,720$15,720
Net Operating Income$4,080$-6,120
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $1694 $4691 $6385 $533
Total         $1,694 $4,691 $6,385   $-2,305 $1,694 $-611
Stabilized         $1,694 $4,691 $6,385   $-12,505 $1,694 $-10,811
Custom         $1694 $4691 $6385   $-12505 $1694 $-10811




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1105,000533139394139394533
2104,8615331403932797871,066
3104,7215331403934191,1801,599
4104,5815331413925601,5722,132
5104,4405331413927011,9642,665
6104,2995331423918432,3553,198
7104,1575331423919862,7453,731
8104,0145331433901,1293,1354,264
9103,8715331433901,2723,5254,797
10103,7285331443891,4163,9145,330
11103,5845331453881,5614,3025,863
12103,4395331453881,7064,6906,396
13103,2945331463871,8525,0776,929

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Listing Agent: Divietta Starr
Listing Office: Baird & Warner, Inc.
305 N Elm St Hillside

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