2 Flat 5430 Berteau Portage Park Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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2 Flat 5430 Berteau Portage Park Chicago IL Mu In

City: Chicago ZIP: 60641

Built In: 1952

Lot Size: A

Lot Dimensions: 40X125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $1500

Unit 2 Floor 2: 3 bedrooms 1 baths $1300

Detailed Listing Description

Solid brick 2-flat with finished basement. Finished basement w/ front and rear access. Located across from Portage Park. 2 large 3-bedroom units w/ formal living rooms, formal dining rooms and eat in kitchens. Large 40 foot lot with side drive and 2 car brick garage. Central Heat/Air, tenants pay own utilities.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2.5
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D,E
  • Tenant Pays Unit 2B,C,D
  • Appliances Unit 1A,B,I,N
  • Appliances Unit 2A,B,I
  • 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 32% 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 40% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $33,600 Monthly $2,800
Rental Income Stabilized : Annual $34,596 Monthly $2,883
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,800$2,883
Year Total$33,600$34,596
Net Operating Income$15,227$16,223
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $5990 $16584 $22574 $1882
Total         $5,990 $16,584 $22,574   $-7,347 $5,990 $-1,357
Stabilized         $5,990 $16,584 $22,574   $-6,351 $5,990 $-361
Custom         $5990 $16584 $22574   $-6351 $5990 $-361

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Steve Lukic
Listing Office: Lukic and Company
5544 w cullom Chicago

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