2 Flat 306 30th Chi Armour Square Chicago IL Mu| Chicago Property Listings – X Plus Real Estate

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2 Flat 306 30th Chi Armour Square Chicago IL Mu

City: Chicago ZIP: 60616

Built In: 1885

Lot Size: A

Lot Dimensions: 2472

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $1000

Unit 2 Floor 2: 2 bedrooms 1 baths $900

Detailed Listing Description

Armour Square property is very hard to find, two flat located in great location very close to Chinatown,school and transportation, first floor has 3 bedrooms one bath, second floor has 2 bedrooms and one bath, enclosed porch, 1st floor has central heat and air, 2nd floor radiant heat, and backyard ready for the garage or garden, nice size apartments ready to move in.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,D
  • Tenant Pays Unit 2B,D
  • Appliances Unit 1A,B
  • 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 11% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Armour Square

Listings in this Neighborhood average: 3 to 4 units, with average prices of $685,500 to $669,000
This listing is 31% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $22,800 Monthly $1,900
Rental Income Stabilized : Annual $27,348 Monthly $2,279
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,900$2,279
Year Total$22,800$27,348
Net Operating Income$6,617$11,165
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $3969 $10989 $14958 $1247
Total         $3,969 $10,989 $14,958   $-8,341 $3,969 $-4,372
Stabilized         $3,969 $10,989 $14,958   $-3,793 $3,969 $176
Custom         $3969 $10989 $14958   $-3793 $3969 $176

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: QianKun Chen
Listing Office: Kale Realty
1912 S Lee Pkwy Chicago

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