2 Flat 5334 Leland Portage Park Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 5334 Leland Portage Park Chicago IL Mu Inv

City: Chicago ZIP: 60630

Built In: 1899

Lot Size: A

Lot Dimensions: 55X125

# of Units: 2

Unit 1 Floor 1: 5 bedrooms 3 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

One of the largest two flats in Jeff Park area on the quit residential street near public transportation, grocery stores, Metra and Blue line . Double lot (55x125) and 4 car garage. Huge room sizes. First floor 5 bedrooms with 3 full bath and family room. Second floor 5 rooms , 2 bedrooms , 1 full bath with separate entrance, 2 furnaces, 2 a/c. Zoned RS-3.Property sold "as-is"!!! Could be redeveloped. Owner is a Real estate broker. Easy to show. Vacant.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeA
  • Number of Gargage Spaces4
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Appliances Unit 1O
  • Appliances Unit 2O
  • 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 3% 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 13% more than other 2 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $13,440 Monthly $1,120
Rental Income Stabilized : Annual $16,800 Monthly $1,400
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,120$1,400
Year Total$13,440$16,800
Net Operating Income$-2,222$1,138
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $4828 $13368 $18196 $1517
Total         $4,828 $13,368 $18,196   $-20,418 $4,828 $-15,590
Stabilized         $4,828 $13,368 $18,196   $-17,058 $4,828 $-12,230
Custom         $4828 $13368 $18196   $-17058 $4828 $-12230

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Igor Blumin
Listing Office: Frontage Realty
2 Northfield Plaza Suite 320 Northfield

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