4 Flat 4908 Eddy Portage Park Chicago IL Mu Inves| Chicago Property Listings – X Plus Real Estate

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4 Flat 4908 Eddy Portage Park Chicago IL Mu Inves

City: Chicago ZIP: 60641

Built In: 1949

Lot Size: K

Lot Dimensions: 37 X 125

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 1 bedrooms 1 baths $850

Unit 3 Floor 2: 1 bedrooms 1 baths $775

Unit 4 Floor G: 1 bedrooms 1 baths $750

Detailed Listing Description

Extremely well maintained brick 4 unit building on a quiet street in Portage Park. 1st floor has 5 rooms 2 bedrooms 1 bath, 2nd floor has two 1 bedroom 1 bath units, legal garden unit has 1 bedroom 1 bath. All units have large room sizes and eat in kitchens. Tenant storage and coin-op washer & dryer in basement. Beautiful lush back yard with gazebo and large patio. This building is perfect for the live-in owner or investor.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
  • Tenant Pays Unit 4B,C
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • Appliances Unit 4A,B
  • 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 1% more than other 4 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 2% more than other 4 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $28,500 Monthly $2,375
Rental Income Stabilized : Annual $52,620 Monthly $4,385
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,375$4,385
Year Total$28,500$52,620
Net Operating Income$4,264$28,384
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $6764 $18728 $25492 $2125
Total         $6,764 $18,728 $25,492   $-21,228 $6,764 $-14,464
Stabilized         $6,764 $18,728 $25,492   $2,892 $6,764 $9,656
Custom         $6764 $18728 $25492   $2892 $6764 $9656

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Susan Monaghan
Listing Office: Coldwell Banker Residential
6225 N. Lemont Chicago

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