2 Flat 1845 Erie Chi West Town Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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2 Flat 1845 Erie Chi West Town Chicago IL Mu In

City: Chicago ZIP: 60622

Built In: U

Lot Size: A

Lot Dimensions: 24X123

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Charming, Delightful Two Flat in HOT HOT WEST TOWN! Spacious, Light-Filled, Updated and Available Just For You! 1st unit features a roomy living room/dining room combo with plenty of sunlight courtesy of large bay windows, all-stainless kitchen with backsplash, generous laundry room, two bedrooms and a full bath. 2nd floor is appointed with an open family room, two bedrooms and a full bath with washer/dryer. Both levels lead to the amazing ''Must-See'' private rear patio/deck and heated two-car detached garage. Lots of storage. Marvelous location, 95/100 on walkscore..steps to the grocery, transit, shopping, cafes and award-winning restaurants! Come see this home today!

Additional Property Details

Garage & Parking
  • Gargage DetailsD
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1A,B,C,D,E,F,G,I
  • Appliances Unit 2A,B,C,D,I,P,U
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 6% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 6% more than other 2 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 $32,659 Monthly $2,722
Rental Income Stabilized : Annual $40,824 Monthly $3,402
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$565,0002$282,5002.24%17.300.60%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,722$3,402
Year Total$32,659$40,824
Expense
Total$20,013$20,013
Net Operating Income$12,646$20,811
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6837 $18929 $25766 $2148
Total         $6,837 $18,929 $25,766   $-13,120 $6,837 $-6,283
Stabilized         $6,837 $18,929 $25,766   $-4,955 $6,837 $1,882
Custom         $6837 $18929 $25766   $-4955 $6837 $1882




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1423,7502,1485591,5895591,5892,148
2423,1912,1485611,5871,1203,1764,296
3422,6302,1485631,5851,6834,7616,444
4422,0672,1485651,5832,2486,3448,592
5421,5022,1485671,5812,8167,92410,740
6420,9342,1485691,5793,3859,50312,888
7420,3652,1485721,5763,95711,07915,036
8419,7932,1485741,5744,53112,65317,184
9419,2192,1485761,5725,10714,22519,332
10418,6432,1485781,5705,68515,79521,480
11418,0652,1485801,5686,26517,36323,628
12417,4852,1485821,5666,84718,92925,776
13416,9032,1485851,5637,43220,49227,924

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Listing Agent: Andrew Scalercio
Listing Office: Dream Town Realty
4422 N Keystone Ave Apt 1 Chicago

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