2 Flat 3043 Normal Chi Bridgeport Chicago IL Mu| Chicago Property Listings – X Plus Real Estate

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2 Flat 3043 Normal Chi Bridgeport Chicago IL Mu

City: Chicago ZIP: 60616

Built In: 1885

Lot Size: A

Lot Dimensions: 24 X 125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $800

Detailed Listing Description

Check out this brick 2 unit in the heart of Bridgeport. Each unit features 3 bedrooms, 1 full bathroom, a living room, a formal dining room and Kitchen. Other features include an unfinished basement with storage & laundry. Each unit has its own balcony. Enjoy the shared yard with gardening space. This is a great investment opportunity. Updates in last 5 years: Roof, Brick Tuck Point, Copper Pipes and some windows. 3 separate gas and electric meters. Close to Guaranteed Rate Field, dining, shopping, and all downtown has to offer. Easy access to the express way and public transportation. Property being sold As-Is!

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2B,C
  • Appliances Unit 1A,B,C,D
  • Appliances Unit 2A,B
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60616

Listings in this Zip Code average: 3 to 4 units, and are priced at $545,200 to $545,450
This listing is 12% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Bridgeport

Listings in this Neighborhood average: 3 to 4 units, with average prices of $429,200 to $428,250
This listing is 1% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $9,600 Monthly $800
Rental Income Stabilized : Annual $19,200 Monthly $1,600
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$800$1,600
Year Total$9,600$19,200
Net Operating Income$-2,098$7,502
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $3933 $10889 $14822 $1236
Total         $3,933 $10,889 $14,822   $-16,920 $3,933 $-12,987
Stabilized         $3,933 $10,889 $14,822   $-7,320 $3,933 $-3,387
Custom         $3933 $10889 $14822   $-7320 $3933 $-3387

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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

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