2 Flat 3626 Mclean Chi Logan Square Chicago IL | Chicago Property Listings – X Plus Real Estate

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2 Flat 3626 Mclean Chi Logan Square Chicago IL

City: Chicago ZIP: 60647

Built In: 1906

Lot Size: A

Lot Dimensions: 25X125

Lot Description: F

# of Units: 2

Unit 1 Floor 1: 4 bedrooms 2 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Fantastic Logan Square 2 flat that has been totally renovated. This building sits on a quiet dead end street and features 2 spacious units. Enter the 1st floor duplex unit into the living room with large south facing windows. The adjoining dining room is great for hosting dinner parties or family get together's. Remodeled kitchen with stone counters and stainless appliances. 2 bedrooms on the main floor and a full bath. The lower level offers a large family room plus 2 additional bedrooms and another full bathroom. 2nd floor unit is a 2 bedroom 1 bath space with a renovated kitchen including stainless appliances and stone counters. Huge back yard for grilling and relaxing. 2 car garage. Shared laundry in the common area basement. Ample storage in each unit.

Additional Property Details

Garage & Parking
  • Gargage DetailsE
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
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 10% more than other 2 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 6% more than other 2 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 $16,061 Monthly $1,338
Rental Income Stabilized : Annual $20,076 Monthly $1,673
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$569,9002$284,9500.52%35.480.29%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,338$1,673
Year Total$16,061$20,076
Expense
Total$13,111$13,111
Net Operating Income$2,950$6,965
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6896 $19094 $25990 $2166
Total         $6,896 $19,094 $25,990   $-23,040 $6,896 $-16,144
Stabilized         $6,896 $19,094 $25,990   $-19,025 $6,896 $-12,129
Custom         $6896 $19094 $25990   $-19025 $6896 $-12129




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1427,4252,1665631,6035631,6032,166
2426,8622,1665651,6011,1283,2044,332
3426,2972,1665671,5991,6964,8026,498
4425,7292,1665701,5962,2656,3998,664
5425,1602,1665721,5942,8377,99310,830
6424,5882,1665741,5923,4119,58512,996
7424,0142,1665761,5903,98711,17515,162
8423,4382,1665781,5884,56512,76317,328
9422,8602,1665801,5865,14514,34919,494
10422,2802,1665821,5845,72815,93221,660
11421,6972,1665851,5816,31217,51423,826
12421,1132,1665871,5796,89919,09325,992
13420,5262,1665891,5777,48820,67028,158

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Listing Agent: Matthew Liss
Listing Office: Mark Allen Realty, LLC
2015 W. Fullerton Chicago

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