2 Flat 1106 Oak Park Oak Park IL Mu Investment | Chicago Property Listings – X Plus Real Estate

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2 Flat 1106 Oak Park Oak Park IL Mu Investment

City: Oak Park ZIP: 60304

Built In: 1923

Lot Size: A

Lot Dimensions: 37X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $1300

Detailed Listing Description

Beautifully maintained sunny Oak Park two flat , updated kitchens and bathrooms, original stained glass windows, decorative fireplace and hardwood floors. Located in the much sought after Lincoln school district and award winning park district minutes from downtown Oak Park and walking distance to the train! Great place to raise a family. There are Duplex possibilities with first floor and basement or a complete deconversion either way this a great investment opportunity! Easy to show make your appointment today. Hurry this won't last!

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces1
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,E,K,S
  • Appliances Unit 2A,B,E,K,S
Schools
  • Grade SchoolAbraham Lincoln Elementary Schoo
  • Grade School District97
  • Jr High/Middle SchoolGwendolyn Brooks Middle School
  • Jr High/Middle School District97
  • High SchoolOak Park & River Forest High Sch
  • High School District200

Comparative Data

Zip Code Comparison: 60304

Listings in this Zip Code average: 2 to 3 units, and are priced at $382,349 to $562,000
This listing is 22% more than other 2 unit listings in this zipcode.


Calculated Rents
Rental Income : Annual $15,600 Monthly $1,300
Rental Income Stabilized : Annual $37,176 Monthly $3,098
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$465,0002$232,500-1.32%29.810.67%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,300$3,098
Year Total$15,600$37,176
Expense
Total$21,753$21,753
Net Operating Income$-6,153$15,423
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5627 $15579 $21206 $1768
Total         $5,627 $15,579 $21,206   $-27,359 $5,627 $-21,732
Stabilized         $5,627 $15,579 $21,206   $-5,783 $5,627 $-156
Custom         $5627 $15579 $21206   $-5783 $5627 $-156




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1348,7501,7684601,3084601,3081,768
2348,2901,7684621,3069222,6143,536
3347,8281,7684641,3041,3863,9185,304
4347,3641,7684651,3031,8515,2217,072
5346,8991,7684671,3012,3186,5228,840
6346,4321,7684691,2992,7877,82110,608
7345,9631,7684711,2973,2589,11812,376
8345,4921,7684721,2963,73010,41414,144
9345,0201,7684741,2944,20411,70815,912
10344,5461,7684761,2924,68013,00017,680
11344,0701,7684781,2905,15814,29019,448
12343,5921,7684801,2885,63815,57821,216
13343,1121,7684811,2876,11916,86522,984

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Listing Agent: Rodrigo Abreu
Listing Office: Abreu Real Estate
935 Stratford Ave. Elmhurst

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