3 Flat 2420 FILlmore Chi Near West Side Chicago| Chicago Property Listings – X Plus Real Estate

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3 Flat 2420 FILlmore Chi Near West Side Chicago

City: Chicago ZIP: 60612

Built In: 2018

Lot Size: A

Lot Dimensions: 25X126

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 2 baths $1750

Unit 2 Floor 2: 2 bedrooms 2 baths $1850

Unit 3 Floor 3: 2 bedrooms 2 baths $1750

Detailed Listing Description

Excellent investment opportunity!New construction brick front building with contemporary finishes and open floor plans. Three units, each featuring two bedrooms and two bathrooms. The spacious living areas have hardwoods, recessed lighting, and tons of natural light from the large windows. The kitchen features brand new stainless steel appliances, plenty of cabinet space, a large eat-in breakfast bar, and chic pendant lights. The master bedroom has a walk-in-closet and ensuite bath with dual sink vanity and glass enclosed shower. Good sized second bedroom with ample closet space. Contemporary second bath. In-unit washer and dryer. Three exterior parking spaces, one for each unit. Excellent Tri-Taylor location near Rush, UIC, and Little Italy with convenient access to public transportation and expressways.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces3
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Appliances Unit 1A,B,C,D,E,F,I,N,P,U,X
  • Appliances Unit 2A,B,C,D,E,F,I,N,P,S,U,X
  • Appliances Unit 3A,B,C,D,E,F,I,N,P,S,U,X
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60612

Listings in this Zip Code average: 2 to 3 units, and are priced at $326,800 to $381,361
This listing is 122% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Near West Side

Listings in this Neighborhood average: 2 to 3 units, with average prices of $507,663 to $800,333
This listing is 6% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $64,200 Monthly $5,350
Rental Income Stabilized : Annual $60,348 Monthly $5,029
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$5,350$5,029
Year Total$64,200$60,348
Net Operating Income$45,796$41,944
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $10224 $28310 $38534 $3212
Total         $10,224 $28,310 $38,534   $7,262 $10,224 $17,486
Stabilized         $10,224 $28,310 $38,534   $3,410 $10,224 $13,634
Custom         $10224 $28310 $38534   $3410 $10224 $13634

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Nadine Ferrata
Listing Office: Compass
320 E 21st St Unit 604 Chicago

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