3 Flat 1928 Monticello Chi Logan Square Chicago| Chicago Property Listings – X Plus Real Estate

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3 Flat 1928 Monticello Chi Logan Square Chicago

City: Chicago ZIP: 60647

Built In: 1905

Lot Size: A

Lot Dimensions: 29X125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Unit 3 Floor 3: 3 bedrooms 1 baths $0

Detailed Listing Description

Beautiful legal 3 flat in Logan Square! It's ready for you to call home or to watch the cash flow pour in! Walking distance to the 606 Trail. Apartment units are spacious- 1st & 2nd floor have 3 bedrooms/1bath. Garden unit has 2 bedrooms & updated kitchen. Features newer windows & newer roof. Apartments flow beautifully with lots of natural light coming in, Hardwood floors. New construction all around the property. Each unit has its own central air furnace installed in the past 5-6 years. Newer 2 car garage with optional side parking. Also located in a Cul-de-sac! Unfinished attic perfect for duplexing up. Just sit and watch your value go up and up! Wont Last!!

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • 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
  • Tenant Pays Unit 3A
Appliances
  • Appliances Unit 1A,B,C
  • Appliances Unit 2C,D
  • Appliances Unit 3A,B
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 11% more than other 3 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 21% more than other 3 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 $44,218 Monthly $3,685
Rental Income Stabilized : Annual $55,272 Monthly $4,606
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$549,0003$183,0004.79%12.420.84%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,685$4,606
Year Total$44,218$55,272
Expense
Total$17,946$17,946
Net Operating Income$26,272$37,326
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6643 $18393 $25036 $2087
Total         $6,643 $18,393 $25,036   $1,236 $6,643 $7,879
Stabilized         $6,643 $18,393 $25,036   $12,290 $6,643 $18,933
Custom         $6643 $18393 $25036   $12290 $6643 $18933




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1411,7502,0875431,5445431,5442,087
2411,2072,0875451,5421,0883,0864,174
3410,6622,0875471,5401,6354,6266,261
4410,1152,0875491,5382,1846,1648,348
5409,5662,0875511,5362,7357,70010,435
6409,0152,0875531,5343,2889,23412,522
7408,4622,0875551,5323,84410,76514,609
8407,9062,0875571,5304,40112,29516,696
9407,3492,0875591,5284,96013,82318,783
10406,7902,0875621,5255,52215,34820,870
11406,2282,0875641,5236,08616,87122,957
12405,6642,0875661,5216,65118,39325,044
13405,0992,0875681,5197,21919,91227,131

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Listing Agent: Antonio Sarmiento
Listing Office: 606 Brokers LLC
5729 N Mulligan #1 Chicago

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