2 Flat 4953 Sunnyside Portage Park Chicago IL Mu | Chicago Property Listings – X Plus Real Estate

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2 Flat 4953 Sunnyside Portage Park Chicago IL Mu

City: Chicago ZIP: 60630

Built In: 1922

Lot Size: A

Lot Dimensions: 30 X 125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1350

Unit 2 Floor 2: 3 bedrooms 1 baths $1300

Gross Income $35,400

Net Op. Income $22,155

Detailed Listing Description

Opportunity knocking on this brick 2 unit in Jefferson Park. Perfect investment or owner-occupied income producing property. Perfect/hot location with high demands and rents. Same owner for over 34 years. Updates: Rubber roof 12 years, garage roof 1 year, electric breakers and main electric service 3 years old, water heater 5 years, furnace 10 years, windows 15 years. Coin operated washer and dryer in the basement. First floor offers 2 bdrm 1 bath, living, dinning, kitchen and heated enclosed porch that can be used as an office or extra bedroom, hardwood floors. 2nd floor offers 3 bdrms, bathroom, living, dinning, kitchen and enclosed porch, floor laminate and hardwood underneath, granite tops in kitchen and bathroom. Easy access to I-90/94, Blue line CTA, Mayfair Metra stop, parks, restaurants and more. Smart investment. Building is sold "as is" condition. Possible 2 bdrm in law arrangement in the basement.

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

Comparative Data

Zip Code Comparison: 60630

Listings in this Zip Code average: 2 to 3 units, and are priced at $387,305 to $445,558
This listing is 16% more than other 2 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 27% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $31,800 Monthly $2,650
Rental Income Stabilized : Annual $37,920 Monthly $3,160
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,650$3,160
Year Total$31,800$37,920
Net Operating Income$15,834$21,954
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $5444 $15073 $20517 $1710
Total         $5,444 $15,073 $20,517   $-4,683 $5,444 $761
Stabilized         $5,444 $15,073 $20,517   $1,437 $5,444 $6,881
Custom         $5444 $15073 $20517   $1437 $5444 $6881

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Beata Nowak
Listing Office: Exit Realty Redefined
3753 N Tripp Ave Chicago

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