2 Flat 2027 Laporte Chi Belmont Cragin Chicago | Chicago Property Listings – X Plus Real Estate

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2 Flat 2027 Laporte Chi Belmont Cragin Chicago

City: Chicago ZIP: 60639

Built In: 1930

Lot Size: L

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $900

Unit 2 Floor 2: 2 bedrooms 1 baths $900

Detailed Listing Description

Opportunity Knocks!!! All brick two flat with basement! Excellent for first time home buyers or investors. First floor features 2 beds, separate living room and dining room, hardwood floors, nice size kitchen and back porch. Second floor 2 beds, separate living and dining rooms, back porch. Nice backyard and 2 car garage. Property needs work, but has great potential, selling "AS-IS".

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

Comparative Data

Zip Code Comparison: 60639

Listings in this Zip Code average: 2 to 3 units, and are priced at $280,900 to $319,732
This listing is 16% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Belmont Cragin

Listings in this Neighborhood average: 2 to 3 units, with average prices of $296,819 to $323,553
This listing is 9% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $21,600 Monthly $1,800
Rental Income Stabilized : Annual $29,664 Monthly $2,472
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$325,0002$162,5001.96%15.050.76%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,800$2,472
Year Total$21,600$29,664
Expense
Total$15,226$15,226
Net Operating Income$6,374$14,438
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3933 $10889 $14822 $1236
Total         $3,933 $10,889 $14,822   $-8,448 $3,933 $-4,515
Stabilized         $3,933 $10,889 $14,822   $-384 $3,933 $3,549
Custom         $3933 $10889 $14822   $-384 $3933 $3549




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1243,7501,2363229143229141,236
2243,4281,2363239136451,8272,472
3243,1051,2363249129692,7393,708
4242,7811,2363269101,2953,6494,944
5242,4551,2363279091,6224,5586,180
6242,1281,2363289081,9505,4667,416
7241,8001,2363299072,2796,3738,652
8241,4711,2363309062,6107,2789,888
9241,1401,2363329042,9418,18311,124
10240,8091,2363339033,2749,08612,360
11240,4761,2363349023,6089,98813,596
12240,1421,2363359013,94410,88814,832
13239,8061,2363378994,28111,78716,068

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Listing Agent: Dora DeLarye
Listing Office: Coldwell Banker Residential
9301 KENTON AVE APT 102 Skokie

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