3 Flat 1745 School Chi Lake View Chicago IL Mu | Chicago Property Listings – X Plus Real Estate

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3 Flat 1745 School Chi Lake View Chicago IL Mu

City: Chicago ZIP: 60657

Built In: 1891

Lot Size: A

Lot Dimensions: 37X123

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor 3: 1 bedrooms 1 baths $0

Detailed Listing Description

Do not miss out on this 3 unit on an oversized lot = 37x123. This highly desired area will not disappoint. Get the best of what Lakeview and Roscoe Village have to offer. The opportunities are endless with this property. Live in investor, rental portfolio buster, remodel it or start over and build new. Three above grade units, unfinished basement for laundry and storage. Two car detached garage and concrete slab for 3rd car space. Side deck, ample back yard, and 3 enclosed balconies. This property is sold in as-is condition.

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
  • Tenant Pays Unit 3J
Appliances
  • Appliances Unit 1A,B,C,D,F,I,S
  • Appliances Unit 2A,B,I,S
  • Appliances Unit 3A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60657

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,088,824 to $1,836,727
This listing is 30% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lake View

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,039,522 to $1,694,786
This listing is 27% more than other 3 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 $49,651 Monthly $4,138
Rental Income Stabilized : Annual $62,064 Monthly $5,172
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$760,0003$253,3332.92%15.310.68%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,138$5,172
Year Total$49,651$62,064
Expense
Total$27,466$27,466
Net Operating Income$22,185$34,598
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9196 $25462 $34658 $2889
Total         $9,196 $25,462 $34,658   $-12,473 $9,196 $-3,277
Stabilized         $9,196 $25,462 $34,658   $-60 $9,196 $9,136
Custom         $9196 $25462 $34658   $-60 $9196 $9136




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1570,0002,8897522,1387522,1382,889
2569,2492,8897542,1351,5064,2725,778
3568,4942,8897572,1322,2636,4048,667
4567,7372,8897602,1293,0238,53311,556
5566,9772,8897632,1263,78610,65914,445
6566,2142,8897662,1234,55112,78317,334
7565,4492,8897692,1205,32014,90320,223
8564,6802,8897712,1186,09217,02023,112
9563,9082,8897742,1156,86619,13526,001
10563,1342,8897772,1127,64321,24728,890
11562,3572,8897802,1098,42323,35631,779
12561,5772,8897832,1069,20625,46234,668
13560,7942,8897862,1039,99227,56537,557

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Listing Agent: Jonathan Darin
Listing Office: Coldwell Banker The Real Estate Group
4237 Dubois Blvd Brookfield

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