3 Flat 2730 Monticello Chi Logan Square Chicago| Chicago Property Listings – X Plus Real Estate

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3 Flat 2730 Monticello Chi Logan Square Chicago

City: Chicago ZIP: 60647

Built In: 1905

Lot Size: A

Lot Dimensions: 25X125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $1570

Unit 2 Floor 2: 2 bedrooms 1 baths $1400

Unit 3 Floor 3: 2 bedrooms 1 baths $1280

Detailed Listing Description

Well maintained all brick 3-flat in Logan Square with condo quality apartments. Each unit features updated eat-in kitchens with four piece appliance package. Units have central heat/air, in unit washer/dryers, and hardwood floors throughout. Unfinished attic space currently built out with storage lockers but could be converted to living space with a duplex up from the third floor unit to make fantastic 3b/2b owner suite. Large backyard and two car garage. Walk to all the bars and restaurants Logan has to offer as well as the Logan Square Blue Line stop.

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
Utilities
  • Tenant Pays Unit 1B,C,D,E
  • Tenant Pays Unit 2B,C,D,E
  • Tenant Pays Unit 3B,C,D
Appliances
  • Appliances Unit 1A,B,C,D,E
  • Appliances Unit 2A,B,C,D,E
  • Appliances Unit 3A,B,C,D,E
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 3% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 8% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $51,000 Monthly $4,250
Rental Income Stabilized : Annual $58,128 Monthly $4,844
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$640,0003$213,3334.58%12.550.76%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,250$4,844
Year Total$51,000$58,128
Expense
Total$21,713$21,713
Net Operating Income$29,287$36,415
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7744 $21442 $29186 $2433
Total         $7,744 $21,442 $29,186   $101 $7,744 $7,845
Stabilized         $7,744 $21,442 $29,186   $7,229 $7,744 $14,973
Custom         $7744 $21442 $29186   $7229 $7744 $14973




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1480,0002,4336331,8006331,8002,433
2479,3672,4336351,7981,2683,5984,866
3478,7322,4336381,7951,9065,3937,299
4478,0942,4336401,7932,5467,1869,732
5477,4542,4336431,7903,1898,97612,165
6476,8112,4336451,7883,83410,76414,598
7476,1662,4336471,7864,48112,55017,031
8475,5192,4336501,7835,13114,33319,464
9474,8692,4336521,7815,78316,11421,897
10474,2172,4336551,7786,43817,89224,330
11473,5622,4336571,7767,09519,66826,763
12472,9052,4336601,7737,75521,44129,196
13472,2452,4336621,7718,41723,21231,629

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Listing Agent: Alan Cosby
Listing Office: Westward 360
247 W Scott #404 Chicago

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