3 Flat 4328 Whipple Irving Park Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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3 Flat 4328 Whipple Irving Park Chicago IL Mu Inv

City: Chicago ZIP: 60618

Built In: 1898

Lot Size: L

Lot Dimensions: 25X 125

Lot Description: H

# of Units: 3

Unit 1 Floor 1: 1 bedrooms 1 baths $700

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor 3: 1 bedrooms 1 baths $700

Detailed Listing Description

SMART INVESTMENT, REHABS AND NEW CONSTRUCTION IN AREA, GREAT POTENTIAL IN THIS UP AND COMING AREA, SOLD IN AS-IS CONDITION/ FRAME 3 LIVING AREAS IN EXCELLENT LOCATION/ CLOSE TO BROWN LINE AND CTA BUS ON MONTROSE, REPLACED WINDOWS, NEEDS TLC, UPDATE AND GREAT INVESTMENT OR CONVERT TO LARGE SINGLE FAMILY LIKE OTHERS IN AREA. NEEDS SOME WORK BUT GREAT POTENTIAL! NO REPRESENTATION IS MADE BY SELLER OR BROKER AS TO THE LEGALITY OF BASEMENT APT. BUILDING NEEDS SOME WORK AND SOLD IN AS-IS CONDITION FOR THIS PRICE.

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B,C,E
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces3
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
  • Tenant Pays Unit 3J
Appliances
  • Appliances Unit 1A,B,C,D,I,N,Q,U,V
  • Appliances Unit 2A,B,F,I,N,Q,U
  • Appliances Unit 3A,B,I,N,Q,S,U
Schools
  • 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 49% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 41% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $16,800 Monthly $1,400
Rental Income Stabilized : Annual $49,032 Monthly $4,086
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$299,0003$99,6670.29%17.801.37%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,400$4,086
Year Total$16,800$49,032
Expense
Total$15,925$15,925
Net Operating Income$875$33,107
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3618 $10018 $13636 $1137
Total         $3,618 $10,018 $13,636   $-12,761 $3,618 $-9,143
Stabilized         $3,618 $10,018 $13,636   $19,471 $3,618 $23,089
Custom         $3618 $10018 $13636   $19471 $3618 $23089




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1224,2501,1372968412968411,137
2223,9541,1372978405931,6812,274
3223,6571,1372988398922,5193,411
4223,3581,1372998381,1913,3574,548
5223,0591,1373018361,4914,1945,685
6222,7591,1373028351,7935,0296,822
7222,4571,1373038342,0965,8637,959
8222,1541,1373048332,4006,6969,096
9221,8501,1373058322,7057,52810,233
10221,5451,1373068313,0118,35911,370
11221,2391,1373078303,3189,18912,507
12220,9321,1373098283,62710,01713,644
13220,6231,1373108273,93710,84414,781

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Listing Agent: Margaret Kozlowski
Listing Office: Century 21 1st Class Homes
SCHAUMBURG

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