3 Flat 4234 Thomas Humboldt Park Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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3 Flat 4234 Thomas Humboldt Park Chicago IL Mu In

City: Chicago ZIP: 60651

Built In: 1923

Lot Size: L

Lot Dimensions: 126X24

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor G: 1 bedrooms 1 baths $0

Detailed Listing Description

Located on the western end of Humbolt Park, jumbo multi units like this one rarely hit the market and this is not a building you would want to pass on! The building offers solid brick exterior with two spacious units, hardwood floors throughout and large open kitchens. There is also a basement unit which was previously being used as a one bedroom garden unit, live in one nit rent the other two out or rent them all out, this is a win win situation anyway you look at it! The building is in an ideal location, minutes from Cicero Ave and North Ave, close to train and expressway as well as across the street from school! The building has unlimited potential and will not be around for long, get inside today to see all the potential!

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 1J
  • Tenant Pays Unit 2J
  • Tenant Pays Unit 3I
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Appliances Unit 3O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60651

Listings in this Zip Code average: 2 to 3 units, and are priced at $193,400 to $245,557
This listing is 25% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Humboldt Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
This listing is 40% 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 $20,256 Monthly $1,688
Rental Income Stabilized : Annual $25,320 Monthly $2,110
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$185,0003$61,6671.11%9.131.14%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,688$2,110
Year Total$20,256$25,320
Expense
Total$18,211$18,211
Net Operating Income$2,045$7,109
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2239 $6198 $8437 $704
Total         $2,239 $6,198 $8,437   $-6,392 $2,239 $-4,153
Stabilized         $2,239 $6,198 $8,437   $-1,328 $2,239 $911
Custom         $2239 $6198 $8437   $-1328 $2239 $911




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1138,750704184520184520704
2138,5667041845203681,0401,408
3138,3827041855195531,5592,112
4138,1977041865187392,0772,816
5138,0117041865189252,5953,520
6137,8257041875171,1133,1114,224
7137,6377041885161,3003,6284,928
8137,4507041895151,4894,1435,632
9137,2617041895151,6784,6586,336
10137,0727041905141,8685,1727,040
11136,8827041915132,0595,6857,744
12136,6917041915132,2506,1988,448
13136,5007041925122,4426,7109,152

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Listing Agent: Ryan Smith
Listing Office: Re/Max Properties
Downers Grove

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