2 Flat 3046 George Chi Avondale Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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2 Flat 3046 George Chi Avondale Chicago IL Mu I

City: Chicago ZIP: 60618

Built In: 1901

Lot Size: A

Lot Dimensions: 113X27

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

Logan Square! Legal 2-flat with great curb appeal. Just a five minute walk to Blue Line CTA, Farmer's Market, Milwaukee Strip, I-94. Get your renovation done and start renting or convert to single family with this well kept property owned by one family for around 85 years!

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces1
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1O
  • 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 19% 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 12% 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 $38,976 Monthly $3,248
Rental Income Stabilized : Annual $48,720 Monthly $4,060
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$389,0002$194,5007.82%9.981.04%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,248$4,060
Year Total$38,976$48,720
Expense
Total$8,566$8,566
Net Operating Income$30,410$40,154
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4707 $13033 $17740 $1479
Total         $4,707 $13,033 $17,740   $12,670 $4,707 $17,377
Stabilized         $4,707 $13,033 $17,740   $22,414 $4,707 $27,121
Custom         $4707 $13033 $17740   $22414 $4707 $27121




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1291,7501,4793851,0943851,0941,479
2291,3651,4793861,0937712,1872,958
3290,9791,4793881,0911,1593,2784,437
4290,5911,4793891,0901,5484,3685,916
5290,2021,4793911,0881,9395,4567,395
6289,8111,4793921,0872,3316,5438,874
7289,4191,4793941,0852,7257,62810,353
8289,0251,4793951,0843,1208,71211,832
9288,6301,4793971,0823,5179,79413,311
10288,2331,4793981,0813,91510,87514,790
11287,8351,4794001,0794,31511,95416,269
12287,4351,4794011,0784,71613,03217,748
13287,0341,4794031,0765,11814,10919,227

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Listing Agent: Patrick Campbell
Listing Office: Sheffield Group, Inc.
3052 W. George #2 Chicago

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