2 Flat 6601 Cornelia Chi Dunning Chicago IL Mu | Chicago Property Listings – X Plus Real Estate

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2 Flat 6601 Cornelia Chi Dunning Chicago IL Mu

City: Chicago ZIP: 60634

Built In: 1992

Lot Size: K

Lot Dimensions: 41X121

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $0

Unit 2 Floor 2: 3 bedrooms 2 baths $1000

Detailed Listing Description

ALL BRICK 2 FLAT IN A GREAT LOCATION. 2 OVERSIZED 3 BEDROOM APARTMENTS. FULL BASEMENT WITH BATHROOM WAITING FOR THE 3RD APARTMENT TO BE FINISHED. 2 CAR BRICK GARAGE OFF ALLEY AND FULLY FENCED BACK YARD. EACH UNIT HAS A DECK OFF THE KITHCHEN. SEPARATE UTILITIES AND LAUNDRY ROOM IN BASEMENT. DO NOT MISS THIS ONE....BUILDINGS LIKE THIS SELL FAST!!

Additional Property Details

Garage & Parking
  • 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,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,E,I
  • Appliances Unit 2A,B,E,I
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60634

Listings in this Zip Code average: 2 to 3 units, and are priced at $329,214 to $451,036
This listing is 63% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Dunning

Listings in this Neighborhood average: 3 to 4 units, with average prices of $404,900 to $529,000
This listing is 77% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $12,000 Monthly $1,000
Rental Income Stabilized : Annual $12,000 Monthly $1,000
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$535,0002$267,500-0.23%44.580.19%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,000$1,000
Year Total$12,000$12,000
Expense
Total$13,239$13,239
Net Operating Income$-1,239$-1,239
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6474 $17924 $24398 $2034
Total         $6,474 $17,924 $24,398   $-25,637 $6,474 $-19,163
Stabilized         $6,474 $17,924 $24,398   $-25,637 $6,474 $-19,163
Custom         $6474 $17924 $24398   $-25637 $6474 $-19163




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1401,2502,0345291,5055291,5052,034
2400,7212,0345311,5031,0613,0074,068
3400,1892,0345331,5011,5944,5086,102
4399,6562,0345351,4992,1296,0078,136
5399,1212,0345371,4972,6667,50410,170
6398,5842,0345391,4953,2068,99812,204
7398,0442,0345411,4933,74710,49114,238
8397,5032,0345431,4914,29011,98216,272
9396,9602,0345451,4894,83613,47018,306
10396,4142,0345471,4875,38314,95720,340
11395,8672,0345501,4845,93316,44122,374
12395,3172,0345521,4826,48417,92424,408
13394,7662,0345541,4807,03819,40426,442

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Listing Agent: John Woolfe
Listing Office: Woolfe & Company Realtors Inc.
325 COTTAGE HILL ELMHURST

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