2 Flat 746 Lawndale Humboldt Park Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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2 Flat 746 Lawndale Humboldt Park Chicago IL Mu I

City: Chicago ZIP: 60624

Built In: 1915

Lot Size: A

Lot Dimensions: 0.0358

# of Units: 2

Unit 1 Floor 1: 0 bedrooms 0 baths $0

Unit 2 Floor 1: 2 bedrooms 1 baths $0

Detailed Listing Description

AWESOME location right off Chicago Ave! Here's your chance to own a SOLID mixed use building in HOTT Humboldt Park! Easy 15 minute ride east to downtown. First floor storefront and 2nd floor apartment with 2 bedrooms. With some TLC, you can live above your store, creative space, or office! Also, easy to convert storefront into another apt. 2 year old roof and tuckpointing. Don't miss this rare opportunity!

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2A,B,J,X
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60624

Listings in this Zip Code average: 2 to 3 units, and are priced at $130,267 to $183,760
This listing is 34% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Humboldt Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
This listing is 22% 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 $8,640 Monthly $720
Rental Income Stabilized : Annual $10,800 Monthly $900
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$175,0002$87,500-1.28%20.250.51%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$720$900
Year Total$8,640$10,800
Expense
Total$10,874$10,874
Net Operating Income$-2,234$-74
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2118 $5863 $7981 $666
Total         $2,118 $5,863 $7,981   $-10,215 $2,118 $-8,097
Stabilized         $2,118 $5,863 $7,981   $-8,055 $2,118 $-5,937
Custom         $2118 $5863 $7981   $-8055 $2118 $-5937




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1131,250666174492174492666
2131,0766661744923489841,332
3130,9026661754915231,4751,998
4130,7276661764906991,9652,664
5130,5516661764908762,4543,330
6130,3746661774891,0532,9433,996
7130,1976661784881,2303,4324,662
8130,0206661784881,4093,9195,328
9129,8416661794871,5884,4065,994
10129,6626661804861,7684,8926,660
11129,4826661804861,9485,3787,326
12129,3026661814852,1295,8637,992
13129,1216661824842,3116,3478,658

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Listing Agent: Michelle Paz
Listing Office: ICandy Realty LLC
3529 W LeMoyne St Chicago

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