2 Flat 2016 Moffat Logan Square Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 2016 Moffat Logan Square Chicago IL Mu Inv

City: Chicago ZIP: 60647

Built In: 1892

Lot Size: A

Lot Dimensions: 1786

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 4 bedrooms 2 baths $0

Detailed Listing Description

Welcome to the Historic Bucktown Neighborhood! Brick 2-flat located in the highly sought after Pulaski School District! Unit 1- simplex 3bd/1 bath and Unit 2- duplex 4 bd/ 2 bath. This building is AirBnB approved! Granite counter tops, soaking tubs, hardwood floors throughout, new complete roof, water pressurizer system, flood control system, new piping through out, 2 car garage. Located 0.5 miles from I90 and Metra Station 0.4 miles from the Damen Blue line. You can't beat this location. Excellent investment opportunity or live-in with a rentable unit. Don't miss out on this great building. It won't last!

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • 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,C,D,E,F,G,J,N,Q,S
  • Appliances Unit 2A,B,C,D,E,F,G,I,N,P,Q,S,T
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 64% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 58% more than other 2 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $17,990 Monthly $1,499
Rental Income Stabilized : Annual $22,488 Monthly $1,874
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$849,9002$424,950-0.06%47.240.22%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,499$1,874
Year Total$17,990$22,488
Expense
Total$18,510$18,510
Net Operating Income$-520$3,978
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $10284 $28474 $38758 $3230
Total         $10,284 $28,474 $38,758   $-39,278 $10,284 $-28,994
Stabilized         $10,284 $28,474 $38,758   $-34,780 $10,284 $-24,496
Custom         $10284 $28474 $38758   $-34780 $10284 $-24496




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1637,4253,2308402,3908402,3903,230
2636,5853,2308432,3871,6824,7786,460
3635,7433,2308462,3842,5287,1629,690
4634,8973,2308492,3813,3789,54212,920
5634,0473,2308522,3784,23011,92016,150
6633,1953,2308562,3745,08514,29519,380
7632,3403,2308592,3715,94416,66622,610
8631,4813,2308622,3686,80619,03425,840
9630,6193,2308652,3657,67121,39929,070
10629,7543,2308682,3628,54023,76032,300
11628,8853,2308722,3589,41126,11935,530
12628,0143,2308752,35510,28628,47438,760
13627,1393,2308782,35211,16530,82541,990

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Listing Agent: Burt Bhairoo
Listing Office: Jameson Sotheby's Intl Realty
2016 W Moffat St Unit 2 Chicago

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