2 Flat 3319 Avers Avondale Chicago IL Mu Investme| Chicago Property Listings – X Plus Real Estate

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2 Flat 3319 Avers Avondale Chicago IL Mu Investme

City: Chicago ZIP: 60618

Built In: 1915

Lot Size: A

Lot Dimensions: 30 X 125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $VAC

Unit 2 Floor 2: 2 bedrooms 1 baths $VAC

Detailed Listing Description

Solid Brick 2 flat on a quiet street, just a half block away from Parkview Park. Live in one unit and rent out the other. Both units are 2 bedroom 1 baths. Unit 1 has central air. 2013 updates include, new electrical service, new copper plumbing, refinished hardwood floors, new roof, and new boilers. Unit 2 has in-unit washer dryer. Full unfinished basement with laundry for the 1st floor. Easy walk to the Belmont and Addison Blue Line stop. Short walk to restaurants and shopping, and schools.

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • 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
Appliances
  • Appliances Unit 1A,B,E,S,U
  • Appliances Unit 2A,B,C,D,E,Q,S,U
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 4% 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 13% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $25,896 Monthly $2,158
Rental Income Stabilized : Annual $35,196 Monthly $2,933
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$499,0002$249,5002.03%19.270.59%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,158$2,933
Year Total$25,896$35,196
Expense
Total$15,779$15,779
Net Operating Income$10,117$19,417
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6038 $16718 $22756 $1897
Total         $6,038 $16,718 $22,756   $-12,639 $6,038 $-6,601
Stabilized         $6,038 $16,718 $22,756   $-3,339 $6,038 $2,699
Custom         $6038 $16718 $22756   $-3339 $6038 $2699




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1374,2501,8974941,4034941,4031,897
2373,7561,8974951,4029892,8053,794
3373,2611,8974971,4001,4864,2055,691
4372,7641,8974991,3981,9855,6037,588
5372,2651,8975011,3962,4866,9999,485
6371,7641,8975031,3942,9898,39311,382
7371,2611,8975051,3923,4949,78513,279
8370,7561,8975071,3904,00111,17515,176
9370,2491,8975091,3884,50912,56417,073
10369,7411,8975101,3875,02013,95018,970
11369,2301,8975121,3855,53215,33520,867
12368,7181,8975141,3836,04616,71822,764
13368,2041,8975161,3816,56318,09824,661

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Listing Agent: Karen Pence
Listing Office: @properties
4130 N Ashland Ave #1 Chicago

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