2 Flat 2132 Barry Chi North Center Chicago IL M| Chicago Property Listings – X Plus Real Estate

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2 Flat 2132 Barry Chi North Center Chicago IL M

City: Chicago ZIP: 60618

Built In: U

Lot Size: L

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1600

Unit 2 Floor 2: 3 bedrooms 2 baths $2350

Gross Income $50,220

Detailed Listing Description

Outstanding turnkey 2-Flat in Roscoe Village has produced over $4100 in monthly rent. Duplex up unit boasts 3 bedrooms, 2 baths, island kitchen and separate living & dining rooms. Lower level unit (only a few feet below grade) is 2 bedrooms / 1 bath and a large open living space. Building has a multitude of updates including concrete (2008), windows (2009), upper level bath (2012), roof (2013), appliances (2014-15), flooring (2012 & 2018), fences (2013) and more. Both units include central heat and in-unit washer/dryer. Top floor unit also has central AC. Amazing outdoor entertaining space, including a paver patio and massive deck extending nearly entire length of back yard. 2 car garage rented separately, totals $235/mo. Steps to Hamlin Park, and Roscoe Village shops and restaurants. Keep as an investment property or consider owner occupant possibility, as 1st floor unit is turning over.

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • 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
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1A,B,C,D,E,J,P
  • Appliances Unit 2A,B,C,D,E,F,I,N,P,S
Schools
  • Grade SchoolJahn Elementary School
  • Grade School District299
  • Jr High/Middle SchoolJahn Elementary School
  • Jr High/Middle School District299
  • High SchoolLake View High School
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 20% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - North Center

Listings in this Neighborhood average: 2 to 3 units, with average prices of $652,145 to $788,113
This listing is 12% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $47,400 Monthly $3,950
Rental Income Stabilized : Annual $47,220 Monthly $3,935
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$575,0002$287,5004.80%12.130.68%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,950$3,935
Year Total$47,400$47,220
Expense
Total$19,774$19,774
Net Operating Income$27,626$27,446
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6958 $19264 $26222 $2186
Total         $6,958 $19,264 $26,222   $1,404 $6,958 $8,362
Stabilized         $6,958 $19,264 $26,222   $1,224 $6,958 $8,182
Custom         $6958 $19264 $26222   $1224 $6958 $8182




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1431,2502,1865691,6175691,6172,186
2430,6812,1865711,6151,1403,2324,372
3430,1102,1865731,6131,7134,8456,558
4429,5372,1865751,6112,2886,4568,744
5428,9622,1865771,6092,8658,06510,930
6428,3852,1865801,6063,4459,67113,116
7427,8052,1865821,6044,02711,27515,302
8427,2232,1865841,6024,61112,87717,488
9426,6392,1865861,6005,19714,47719,674
10426,0532,1865881,5985,78516,07521,860
11425,4652,1865911,5956,37617,67024,046
12424,8742,1865931,5936,96819,26426,232
13424,2822,1865951,5917,56320,85528,418

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Listing Agent: James Fredian
Listing Office: @properties
722 N. Beverly Lane Arlington Heights

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