3 Flat 3529 Indiana Chi Douglas Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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3 Flat 3529 Indiana Chi Douglas Chicago IL Mu I

City: Chicago ZIP: 60653

Built In: 1855

Lot Size: A

Lot Dimensions: 3100

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 4 bedrooms 1 baths $0

Unit 3 Floor 0: 1 bedrooms 1 baths $0

Detailed Listing Description

Majestic 2450 sq ft, 2 flat plus garden unit on beautiful tree lined street in the heart of Bronzeville/Kenwood! This sun drenched beauty is currently configured as a sgl fam home with boarding rooms on the 2nd level and basement. Total of 7 bdrms, 3 baths plus den, this enormous home features a massive LR on main level with 2 bdrms, large eat in kitchen and den/office! Sprawling separate entrance basement/lower level with dedicated laundry area, utility room, sunny living area/family room, and additional bedroom. 2nd level has 4 bedrooms with tons of natural light, kitchenette area!! Each level boasts a full bath! Develop to a single family mansion or income property, the possibilities are infinite! Walk to shops, restaurants, coffee houses, salons, public transportation, banks, Mariano's!! This is the mecca of the near southside! Needs renovation throughout. AS-IS

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2J
  • Tenant Pays Unit 3J
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3C,D
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60653

Listings in this Zip Code average: 3 to 4 units, and are priced at $307,667 to $139,000
This listing is 18% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Douglas

Listings in this Neighborhood average: 2 to 3 units, with average prices of $251,850 to $307,667
This listing is 18% more than other 3 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 $11,712 Monthly $976
Rental Income Stabilized : Annual $14,640 Monthly $1,220
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$362,0003$120,667-1.25%30.910.34%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$976$1,220
Year Total$11,712$14,640
Expense
Total$16,241$16,241
Net Operating Income$-4,529$-1,601
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4380 $12128 $16508 $1376
Total         $4,380 $12,128 $16,508   $-21,037 $4,380 $-16,657
Stabilized         $4,380 $12,128 $16,508   $-18,109 $4,380 $-13,729
Custom         $4380 $12128 $16508   $-18109 $4380 $-13729




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1271,5001,3763581,0183581,0181,376
2271,1421,3763591,0177172,0352,752
3270,7831,3763611,0151,0783,0504,128
4270,4221,3763621,0141,4404,0645,504
5270,0601,3763631,0131,8035,0776,880
6269,6971,3763651,0112,1676,0898,256
7269,3331,3763661,0102,5337,0999,632
8268,9671,3763671,0092,9018,10711,008
9268,5991,3763691,0073,2709,11412,384
10268,2301,3763701,0063,64010,12013,760
11267,8601,3763721,0044,01111,12515,136
12267,4891,3763731,0034,38412,12816,512
13267,1161,3763741,0024,75913,12917,888

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Listing Agent: Cathy LaShea
Listing Office: Solid Realty Services Inc
7410 S Oglesby Ave Chicago

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