3 Flat 2641 Avers Logan Square Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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3 Flat 2641 Avers Logan Square Chicago IL Mu Inve

City: Chicago ZIP: 60647

Built In: 1916

Lot Size: A

Lot Dimensions: 25 X 125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor B: 1 bedrooms 1 baths $0

Detailed Listing Description

INCREDIBLE VALUE & OPPORTUNITY IN LOGAN SQUARE. INVITING BRICK TWO FLAT WITH GARDEN APPT IN LOGAN SQUARE. TWO BEDROOMS EACH ON FLOORS 1 AND 2. LIVE IN ONE AND RENT OUT THE OTHER TWO. HARDWOOD FLOORS THROUGHOUT! BRING YOUR REMODELING IDEAS! GREAT PATIO AND BACKYARD FOR ENTERTAINING.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1I
  • Tenant Pays Unit 2I
  • Tenant Pays Unit 3I
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2A,B,C,D,J,N
  • Appliances Unit 3O
Schools
  • Grade SchoolMonroe Elementary School
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolKelvyn Park High School
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 36% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 42% more than other 3 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 $30,749 Monthly $2,562
Rental Income Stabilized : Annual $38,436 Monthly $3,203
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$399,0003$133,0002.48%12.980.80%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,562$3,203
Year Total$30,749$38,436
Expense
Total$20,845$20,845
Net Operating Income$9,904$17,591
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4828 $13368 $18196 $1517
Total         $4,828 $13,368 $18,196   $-8,292 $4,828 $-3,464
Stabilized         $4,828 $13,368 $18,196   $-605 $4,828 $4,223
Custom         $4828 $13368 $18196   $-605 $4828 $4223




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1299,2501,5173951,1223951,1221,517
2298,8551,5173961,1217912,2433,034
3298,4591,5173981,1191,1893,3624,551
4298,0611,5173991,1181,5884,4806,068
5297,6621,5174011,1161,9895,5967,585
6297,2611,5174021,1152,3916,7119,102
7296,8591,5174041,1132,7957,82410,619
8296,4551,5174051,1123,2008,93612,136
9296,0501,5174071,1103,60710,04613,653
10295,6431,5174081,1094,01511,15515,170
11295,2351,5174101,1074,42512,26216,687
12294,8251,5174111,1064,83713,36718,204
13294,4131,5174131,1045,25014,47119,721

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Listing Agent: Timothy Marquardt
Listing Office: Pearson Realty Group
803 S. 8th Ave LaGrange

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