2 Flat 4159 Maplewood North Center Chicago IL Mu | Chicago Property Listings – X Plus Real Estate

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2 Flat 4159 Maplewood North Center Chicago IL Mu

City: Chicago ZIP: 60618

Built In: U

Lot Size: A

Lot Dimensions: 2563

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Beautiful North Center brick 2 flat with an unfinished basement in highly desired Coonley school district. Two 2BD/1BA units with hardwood floors, HVAC, original wood trim and doors, and extra storage space in the basement. The units can be rented as-is for immediate rental income, or value-add for increased rental potential. This is a shortened lot with no garage or alley access.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1A,B,I,S
  • Appliances Unit 2A,I,S
Schools
  • Grade SchoolCoonley Elementary School
  • 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 9% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - North Center

Listings in this Neighborhood average: 2 to 3 units, with average prices of $652,145 to $788,113
This listing is 19% 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 $28,157 Monthly $2,346
Rental Income Stabilized : Annual $35,196 Monthly $2,933
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$525,0002$262,5002.27%18.650.56%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,346$2,933
Year Total$28,157$35,196
Expense
Total$16,226$16,226
Net Operating Income$11,931$18,970
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6353 $17589 $23942 $1996
Total         $6,353 $17,589 $23,942   $-12,011 $6,353 $-5,658
Stabilized         $6,353 $17,589 $23,942   $-4,972 $6,353 $1,381
Custom         $6353 $17589 $23942   $-4972 $6353 $1381




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1393,7501,9965191,4775191,4771,996
2393,2311,9965211,4751,0412,9513,992
3392,7091,9965231,4731,5644,4245,988
4392,1861,9965251,4712,0895,8957,984
5391,6611,9965271,4692,6177,3639,980
6391,1331,9965291,4673,1468,83011,976
7390,6041,9965311,4653,67710,29513,972
8390,0731,9965331,4634,21011,75815,968
9389,5401,9965351,4614,74613,21817,964
10389,0041,9965371,4595,28314,67719,960
11388,4671,9965391,4575,82216,13421,956
12387,9281,9965411,4556,36317,58923,952
13387,3871,9965431,4536,90719,04125,948

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Listing Agent: Joseph Kotoch
Listing Office: Compass
2218 Walton St Unit # 2 Chicago

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