4 Flat 4047 Narragansett Chi Portage Park Chica| Chicago Property Listings – X Plus Real Estate

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4 Flat 4047 Narragansett Chi Portage Park Chica

City: Chicago ZIP: 60634

Built In: 1932

Lot Size: K

Lot Dimensions: 27 X 149

# of Units: 4

Unit 1 Floor 1: 1 bedrooms 1 baths $825

Unit 2 Floor 2: 2 bedrooms 1 baths $800

Unit 3 Floor 1: 1 bedrooms 1 baths $890

Unit 4 Floor 3: 2 bedrooms 1 baths $0

Detailed Listing Description

Portage Park Brick 4 Unit Building on oversized lot with 2-1/2 car garage plus additional parking spots. 1st floor features 2 1 bedroom units, 2nd floor features 2 bedroom 1-1/2 bath unit with deck. 3rd floor features 2 bedroom unit with deck. Full basement with coin laundry and additional storage. Close to shopping, public transportation and more!!!!

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 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
  • Tenant Pays Unit 4B,C
Appliances
  • Appliances Unit 1A,B,J
  • Appliances Unit 2B,J
  • Appliances Unit 3A,B,J
  • Appliances Unit 4A,B,J
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60634

Listings in this Zip Code average: 2 to 3 units, and are priced at $329,214 to $451,036
This listing is 15% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 21% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $30,180 Monthly $2,515
Rental Income Stabilized : Annual $50,004 Monthly $4,167
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$449,9004$112,4751.85%14.910.93%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,515$4,167
Year Total$30,180$50,004
Expense
Total$21,846$21,846
Net Operating Income$8,334$28,158
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5444 $15073 $20517 $1710
Total         $5,444 $15,073 $20,517   $-12,183 $5,444 $-6,739
Stabilized         $5,444 $15,073 $20,517   $7,641 $5,444 $13,085
Custom         $5444 $15073 $20517   $7641 $5444 $13085




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1337,4251,7104451,2654451,2651,710
2336,9801,7104461,2648912,5293,420
3336,5341,7104481,2621,3393,7915,130
4336,0861,7104501,2601,7895,0516,840
5335,6361,7104511,2592,2406,3108,550
6335,1851,7104531,2572,6937,56710,260
7334,7321,7104551,2553,1488,82211,970
8334,2771,7104561,2543,60410,07613,680
9333,8211,7104581,2524,06211,32815,390
10333,3631,7104601,2504,52212,57817,100
11332,9031,7104621,2484,98413,82618,810
12332,4411,7104631,2475,44715,07320,520
13331,9781,7104651,2455,91216,31822,230

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Listing Agent: Erica McClain
Listing Office: RE/MAX Vision 212
7911 W. Cressett Drive Elmwood Park

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