2 Flat 3121 Monticello Avondale Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 3121 Monticello Avondale Chicago IL Mu Inv

City: Chicago ZIP: 60618

Built In: U

Lot Size: A

Lot Dimensions: 30X125

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $1750

Unit 2 Floor 2: 3 bedrooms 2 baths $OWN

Detailed Listing Description

Gut Rehabbed Avondale 2 Flat With Owners Unit 3.5 Bedroom 2 Bath Duplex Up and 3 Bedroom Simplex 4 Blocks From the Belmont Blue Line Stop. New Framing, Insulation, Plumbing, Electric, Hardwood Floors, Drywall, Modern Doors and Trim and High Efficiency HVAC Including Central Air from 2017. Kitchens Complete with Samsung/Whirlpool Upgraded Stainless Appliance Packages, Stainless Hood, Quartz Counters, Stainless Hardware, and Marble Backsplash. Grohe Plumbing Fixtures, Designer Glass Tile in Baths and Floating Vanities. Oversized Master Bath Shower with Elfa Closet System, LED Light Fixtures. New Roof, New Siding, New Windows, New Front Stairs and New Back Deck from 2017. Laundry in Each Unit. Great Fenced In Yard Space and 2 Car Garage. Walking Distance to Milwaukee Corridor Bars and Restaurants including Hopewell Brewery, Harding Tavern, Logan Theater, Intelligentsia Coffee, The New Dill Pickle Organic Grocery Store, and More!

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • 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,D,E
  • Tenant Pays Unit 2B,C,D,E
Appliances
  • Appliances Unit 1A,B,C,D,E,F,I,N,P,S
  • Appliances Unit 2A,B,C,D,E,F,G,I,N,P,Q,S,T
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 45% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 58% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $44,496 Monthly $3,708
Rental Income Stabilized : Annual $52,260 Monthly $4,355
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$699,0002$349,5003.77%15.710.62%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,708$4,355
Year Total$44,496$52,260
Expense
Total$18,121$18,121
Net Operating Income$26,375$34,139
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $8458 $23419 $31877 $2657
Total         $8,458 $23,419 $31,877   $-5,502 $8,458 $2,956
Stabilized         $8,458 $23,419 $31,877   $2,262 $8,458 $10,720
Custom         $8458 $23419 $31877   $2262 $8458 $10720




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1524,2502,6576911,9666911,9662,657
2523,5592,6576941,9631,3853,9295,314
3522,8652,6576961,9612,0815,8907,971
4522,1692,6576991,9582,7807,84810,628
5521,4702,6577011,9563,4819,80413,285
6520,7692,6577041,9534,18511,75715,942
7520,0652,6577071,9504,89213,70718,599
8519,3582,6577091,9485,60215,65421,256
9518,6482,6577121,9456,31417,59923,913
10517,9362,6577151,9427,02819,54226,570
11517,2222,6577171,9407,74621,48129,227
12516,5042,6577201,9378,46623,41831,884
13515,7842,6577231,9349,18925,35234,541

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Listing Agent: Julia Stoner
Listing Office: Spaces Real Estate LLC
2640 N Buring Chicago

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