3 Flat 2501 Walton West Town Chicago IL Mu Invest| Chicago Property Listings – X Plus Real Estate

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3 Flat 2501 Walton West Town Chicago IL Mu Invest

City: Chicago ZIP: 60622

Built In: 1905

Lot Size: L

Lot Dimensions: 25X125

Lot Description: E

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 2 baths $OWNR

Unit 2 Floor 1: 2 bedrooms 1 baths $970

Unit 3 Floor 2: 2 bedrooms 1 baths $1050

Detailed Listing Description

Store converted into fantastic owner's duplex-up in excellent West Uk Village/West Town location! - Ideal for that client that wants interesting! different! unique! with style! Huge brick building on sunny corner. The store has original metal high ceiling and walls in near perfect condition. Dramatic and full of light and volume. Beautiful woodwork all over the place. There are three bedrooms and a den/office up with hall bath and master bath. Store is used as main living area - living room, dining room, kitchen and half-bath - duplexed up to include three (potentially four) bedrooms (huge closets!) and two baths. Custom Deco/Mission style kitchen with quarter-sawn solid oak cabinets, Viking range and hood. Master suite has double WIC. Full, unfinished basement for front half and full, partial finish (including vacant cheater-unit) in back half. Two rentals (1R and 2R) on the Campbell St. Side - large and wide and very vintage - millwork/casings, hutch, columns, stamped metal ceiling

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces1
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Appliances Unit 1A,B,C,D,E,I,N,Q,R,S,U
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 7% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 3% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $39,240 Monthly $3,270
Rental Income Stabilized : Annual $73,980 Monthly $6,165
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,270$6,165
Year Total$39,240$73,980
Net Operating Income$13,691$48,431
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $10285 $28478 $38763 $3231
Total         $10,285 $28,478 $38,763   $-25,072 $10,285 $-14,787
Stabilized         $10,285 $28,478 $38,763   $9,668 $10,285 $19,953
Custom         $10285 $28478 $38763   $9668 $10285 $19953

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Richard Anselmo
Listing Office: @properties
851 N. Damen Ave. Chicago

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