2 Flat 5441 Nottingham Chi Garfield Ridge Chica| Chicago Property Listings – X Plus Real Estate

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2 Flat 5441 Nottingham Chi Garfield Ridge Chica

City: Chicago ZIP: 60638

Built In: 1925

Lot Size: K

Lot Dimensions: 30X131

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1100

Unit 2 Floor 1: 2 bedrooms 1 baths $1300

Detailed Listing Description

GARFIELD RIDGE! 2 UNIT BRICK BUILDING + FINISHED BASEMENT. 2 BEDROOMS PER UNIT, 2 CAR GARAGE. BUILDING IS BEING SOLD AS-IS. BUILDING IS OCCUPIED WITH TENANTS. ALLOW SOME TIME FOR SHOWINGS.

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,I
  • Appliances Unit 2A,B,I
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60638

Listings in this Zip Code average: 2 to 3 units, and are priced at $266,241 to $391,400
This listing is 13% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Garfield Ridge

Listings in this Neighborhood average: 3 to 4 units, with average prices of $390,880 to $0
This listing is 11% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $28,800 Monthly $2,400
Rental Income Stabilized : Annual $28,800 Monthly $2,400
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$300,0002$150,0004.43%10.420.80%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,400$2,400
Year Total$28,800$28,800
Expense
Total$15,520$15,520
Net Operating Income$13,280$13,280
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3630 $10051 $13681 $1141
Total         $3,630 $10,051 $13,681   $-401 $3,630 $3,229
Stabilized         $3,630 $10,051 $13,681   $-401 $3,630 $3,229
Custom         $3630 $10051 $13681   $-401 $3630 $3229




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1225,0001,1412978442978441,141
2224,7031,1412988435961,6862,282
3224,4041,1412998428952,5283,423
4224,1051,1413018401,1963,3684,564
5223,8041,1413028391,4974,2085,705
6223,5031,1413038381,8005,0466,846
7223,2001,1413048372,1045,8837,987
8222,8961,1413058362,4096,7199,128
9222,5911,1413068352,7167,55310,269
10222,2841,1413078343,0238,38711,410
11221,9771,1413098323,3329,21912,551
12221,6681,1413108313,64110,05113,692
13221,3591,1413118303,95210,88114,833

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Listing Agent: Martha Prado
Listing Office: JMAR Realty Group
14539 Kilbourn Ave. Midlothian

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