2 Flat 5155 Cullom Chi Portage Park Chicago IL | Chicago Property Listings – X Plus Real Estate

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2 Flat 5155 Cullom Chi Portage Park Chicago IL

City: Chicago ZIP: 60641

Built In: 1911

Lot Size: B

Lot Dimensions: 30X125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $1950

Unit 2 Floor 2: 3 bedrooms 2 baths $1850

Detailed Listing Description

Great Investment Opportunity! Nothing to do but move in or rent lower level and reap the benefits of the sellers hard work.Completely rehabbed 2 Unit grey stone. The first floor has been turned into a duplex down featuring kitchen, full bath, enclosed porch, 2 bedrooms, den, dining room and living room on the main floor and in the lower level it has a wet bar, sitting room, master bedroom with full bath and walk in closet. second floor unit has porch off the front, eat in kitchen,living room, dining room,3 bedroom and 2 bathrooms

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1I
  • Tenant Pays Unit 2B
  • Appliances Unit 1A,B,C,D,E,F,G,K,N,S,U
  • Appliances Unit 2A,B,C,D,E,F,G,K,N,S,T
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units, and are priced at $374,501 to $433,229
This listing is 60% 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 70% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $45,600 Monthly $3,800
Rental Income Stabilized : Annual $55,800 Monthly $4,650
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,800$4,650
Year Total$45,600$55,800
Net Operating Income$27,709$37,909
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $7248 $20068 $27316 $2277
Total         $7,248 $20,068 $27,316   $393 $7,248 $7,641
Stabilized         $7,248 $20,068 $27,316   $10,593 $7,248 $17,841
Custom         $7248 $20068 $27316   $10593 $7248 $17841

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Carmen Chucrala
Listing Office: Habloft LLC
256 Strathmore Ln Bloomingdale

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