2 Flat 3126 St Louis Chi Avondale Chicago IL Mu| Chicago Property Listings – X Plus Real Estate

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2 Flat 3126 St Louis Chi Avondale Chicago IL Mu

City: Chicago ZIP: 60618

Built In: 1901

Lot Size: K

Lot Dimensions: 38 X 126

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 1: 3 bedrooms 1 baths $0

Detailed Listing Description

LOCATION, LOCATION, LOCATION! HOT AVONDALE/LOGAN SQUARE area! Property sold "as is condition" in need of repairs. Zoned RS3, Oversized Chicago lot, 38X126, ideal for new construction or convert into a single family home. Property is walking distance to the Blue Line train and minutes to the I-90/94. Cash or rehab loans only. Seller will not pay for plat of survey.

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 2O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 38% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 32% 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 $31,642 Monthly $2,637
Rental Income Stabilized : Annual $39,552 Monthly $3,296
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$299,9002$149,9504.85%9.481.10%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,637$3,296
Year Total$31,642$39,552
Expense
Total$17,106$17,106
Net Operating Income$14,536$22,446
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3629 $10048 $13677 $1140
Total         $3,629 $10,048 $13,677   $859 $3,629 $4,488
Stabilized         $3,629 $10,048 $13,677   $8,769 $3,629 $12,398
Custom         $3629 $10048 $13677   $8769 $3629 $12398




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1224,9251,1402978432978431,140
2224,6281,1402988425941,6862,280
3224,3311,1402998418932,5273,420
4224,0321,1403008401,1933,3674,560
5223,7321,1403018391,4944,2065,700
6223,4311,1403028381,7965,0446,840
7223,1291,1403038372,0995,8817,980
8222,8261,1403048362,4046,7169,120
9222,5211,1403068342,7097,55110,260
10222,2161,1403078333,0168,38411,400
11221,9091,1403088323,3249,21612,540
12221,6011,1403098313,63310,04713,680
13221,2921,1403108303,94310,87714,820

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Listing Agent: Olga Santos
Listing Office: Betancourt Realty
2441 N. Monticello Chicago

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