3 Flat 3223 Hamlin Avondale Chicago IL Mu Investm| Chicago Property Listings – X Plus Real Estate

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3 Flat 3223 Hamlin Avondale Chicago IL Mu Investm

City: Chicago ZIP: 60618

Built In: 1906

Lot Size: B

Lot Dimensions: 30 X 125

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $2100

Unit 2 Floor 2: 3 bedrooms 1 baths $2250

Unit 3 Floor 3: 3 bedrooms 1 baths $2300

Gross Income $79,800

Net Op. Income $66,700

Detailed Listing Description

Recently remodeled 3-Flat Apartment building in Avondale. Beautifully rehabbed. 3-3BDR-1Bth units with 3 car parking pad in the rear. New kitchens and appliances, new electrical, new plumbing and new HVAC systems, in-unit washer and dryer and individual air. Great transportation options, within walking distance to the Belmont Blue Line CTA train stop, close to the Kennedy Expressway and Milwaukee Avenue, Close to shopping & an easy commute to the Chicago Loop and nearby neighborhoods,

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces3
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D,E
  • Tenant Pays Unit 2B,C,D,E
  • Tenant Pays Unit 3B,C,D,E
  • Appliances Unit 1A,B,C,D,E,F,I,Q,S
  • Appliances Unit 2A,B,C,D,E,F,I,Q,S
  • Appliances Unit 3A,B,C,D,E,F,I,Q,S
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 68% more than other 3 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 99% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $79,800 Monthly $6,650
Rental Income Stabilized : Annual $70,344 Monthly $5,862
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$6,650$5,862
Year Total$79,800$70,344
Net Operating Income$57,965$48,509
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $11967 $33134 $45101 $3759
Total         $11,967 $33,134 $45,101   $12,864 $11,967 $24,831
Stabilized         $11,967 $33,134 $45,101   $3,408 $11,967 $15,375
Custom         $11967 $33134 $45101   $3408 $11967 $15375

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Mark Jones
Listing Office: Jameson Commercial
1936 N. Cleveland Ave. Chicago

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