2 Flat 726 Wesley Evanston IL Mu Investment | Chicago Property Listings – X Plus Real Estate

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2 Flat 726 Wesley Evanston IL Mu Investment

City: Evanston ZIP: 60202

Built In: U

Lot Size: A

Lot Dimensions: 40 X 119

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1475

Unit 2 Floor 2: 2 bedrooms 1 baths $1700

Detailed Listing Description

Light filled stone and brick 2-flat located on a quiet tree lined street in Evanston. The top floor owner's unit features white shaker cabinets, quartz counter tops, SS appliances and an updated bathroom. The spacious living room is open to the dining area and kitchen. There are hardwood floors throughout, plenty of canned lighting and ceiling fans in the bedrooms. The 1st floor unit feature a separate living room & dining room, 2 bedroom, 1 bathroom, walk in closets, hardwood floors and crown moldings. The basement has two finished rooms, a 1/2 bathroom and a laundry room that is shared by both units. There is a fenced back yard and 2 car garage. Both units have their own gas forced heating and central A/C.

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • 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,C,D,I,S,U
  • Appliances Unit 2A,B,E,F,G,I,S,U
Schools
  • Grade School District65
  • Jr High/Middle School District65
  • High School District202

Comparative Data

Zip Code Comparison: 60202

Listings in this Zip Code average: 2 to 3 units, and are priced at $438,370 to $550,400
This listing is 3% more than other 2 unit listings in this zipcode.


Calculated Rents
Rental Income : Annual $38,100 Monthly $3,175
Rental Income Stabilized : Annual $37,368 Monthly $3,114
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$449,9002$224,9504.28%11.810.69%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,175$3,114
Year Total$38,100$37,368
Expense
Total$18,839$18,839
Net Operating Income$19,261$18,529
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5444 $15073 $20517 $1710
Total         $5,444 $15,073 $20,517   $-1,256 $5,444 $4,188
Stabilized         $5,444 $15,073 $20,517   $-1,988 $5,444 $3,456
Custom         $5444 $15073 $20517   $-1988 $5444 $3456




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1337,4251,7104451,2654451,2651,710
2336,9801,7104461,2648912,5293,420
3336,5341,7104481,2621,3393,7915,130
4336,0861,7104501,2601,7895,0516,840
5335,6361,7104511,2592,2406,3108,550
6335,1851,7104531,2572,6937,56710,260
7334,7321,7104551,2553,1488,82211,970
8334,2771,7104561,2543,60410,07613,680
9333,8211,7104581,2524,06211,32815,390
10333,3631,7104601,2504,52212,57817,100
11332,9031,7104621,2484,98413,82618,810
12332,4411,7104631,2475,44715,07320,520
13331,9781,7104651,2455,91216,31822,230

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Listing Agent: Jason Reiner
Listing Office: Solid Realty Services Inc
1225 Washington Ave Wilmette

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