2 Flat 4125 Barry Avondale Chicago IL Mu Investme| Chicago Property Listings – X Plus Real Estate

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2 Flat 4125 Barry Avondale Chicago IL Mu Investme

City: Chicago ZIP: 60641

Built In: 1920

Lot Size: K

Lot Dimensions: 4687

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 5 bedrooms 1 baths $1200

Detailed Listing Description

Calling all investors or owner-occupants looking for a brick two flat income property W/ DRIVEWAY!!! First floor unit has been newly renovated and has 3 bedrooms and 1 bath. Second floor unit is partially tenant occupied with 5 bedrooms, 1 full bath, and 1 half bath. Each room is rented for $300/month. The rental income significantly offsets your mortgage allowing you to build equity and reduce your payment! This property is only one of few that has a driveway on the block that can be rented out for extra income. DON'T MISS OUT ON THIS FANTASTIC INVESTMENT OPPORTUNITY!!!

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces8
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1A,B,E,F,I,K,T
  • Appliances Unit 2A,B,F,I,K,S,T
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units, and are priced at $374,501 to $433,229
This listing is 60% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 36% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $14,400 Monthly $1,200
Rental Income Stabilized : Annual $14,400 Monthly $1,200
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$599,0002$299,5000.15%41.600.20%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,200$1,200
Year Total$14,400$14,400
Expense
Total$13,530$13,530
Net Operating Income$870$870
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7248 $20068 $27316 $2277
Total         $7,248 $20,068 $27,316   $-26,446 $7,248 $-19,198
Stabilized         $7,248 $20,068 $27,316   $-26,446 $7,248 $-19,198
Custom         $7248 $20068 $27316   $-26446 $7248 $-19198




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1449,2502,2775921,6855921,6852,277
2448,6582,2775951,6821,1873,3674,554
3448,0632,2775971,6801,7845,0476,831
4447,4662,2775991,6782,3836,7259,108
5446,8672,2776011,6762,9848,40111,385
6446,2662,2776041,6733,58710,07513,662
7445,6632,2776061,6714,19311,74615,939
8445,0572,2776081,6694,80113,41518,216
9444,4492,2776101,6675,41115,08220,493
10443,8392,2776131,6646,02416,74622,770
11443,2262,2776151,6626,63918,40825,047
12442,6112,2776171,6607,25620,06827,324
13441,9942,2776201,6577,87621,72529,601

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Listing Agent: David Giedrojc
Listing Office: Midland Realty Group
4452 N. Thatcher Ave Norridge

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