2 Flat 2035 Leland Lincoln Square Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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2 Flat 2035 Leland Lincoln Square Chicago IL Mu I

City: Chicago ZIP: 60625

Built In: 1906

Lot Size: A

Lot Dimensions: 37 X 125

Lot Description: E

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $1400

Detailed Listing Description

Bright and Sunny Corner Location in Lincoln Square all Brick 2 flat on Extra-wide lot. (37 x 125). Strategically located 1/2 block from the Damen EL stop, 2.5 Blocks from the Lawrence Metra Stop. 2nd floor is 3 bedroom 1 bath. 2nd floor is a 2 bedroom 1 bath. Basement has kitchen and bath. Back yard with 2 car garage and slab for 3rd parking spot. separate boiler for each units. Close to everything in Lincoln Square, close to Montrose & Wilson restaurants, Wells Park & Mariano's. Building as been tuck-pointed including New parapet walls

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

Comparative Data

Zip Code Comparison: 60625

Listings in this Zip Code average: 2 to 3 units, and are priced at $524,450 to $650,684
This listing is 22% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lincoln Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $619,053 to $787,600
This listing is 3% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $16,800 Monthly $1,400
Rental Income Stabilized : Annual $35,064 Monthly $2,922
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$639,0002$319,500-0.66%38.040.46%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,400$2,922
Year Total$16,800$35,064
Expense
Total$21,038$21,038
Net Operating Income$-4,238$14,026
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7732 $21409 $29141 $2429
Total         $7,732 $21,409 $29,141   $-33,379 $7,732 $-25,647
Stabilized         $7,732 $21,409 $29,141   $-15,115 $7,732 $-7,383
Custom         $7732 $21409 $29141   $-15115 $7732 $-7383




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1479,2502,4296321,7976321,7972,429
2478,6182,4296341,7951,2663,5924,858
3477,9842,4296371,7921,9035,3847,287
4477,3472,4296391,7902,5427,1749,716
5476,7082,4296411,7883,1838,96212,145
6476,0672,4296441,7853,82710,74714,574
7475,4232,4296461,7834,47312,53017,003
8474,7772,4296491,7805,12114,31119,432
9474,1292,4296511,7785,77216,08921,861
10473,4782,4296531,7766,42617,86424,290
11472,8242,4296561,7737,08219,63726,719
12472,1682,4296581,7717,74021,40829,148
13471,5102,4296611,7688,40123,17631,577

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Listing Agent: Thomas Walsh
Listing Office: @properties
2230 W Leland Chicago

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