2 Flat 4858 Warwick Portage Park Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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2 Flat 4858 Warwick Portage Park Chicago IL Mu In

City: Chicago ZIP: 60641

Built In: 1911

Lot Size: L

Lot Dimensions: 30 X 120

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1200

Unit 2 Floor 2: 3 bedrooms 1 baths $1350

Detailed Listing Description

BRICK CORNER 2 FLAT IN HOT SIX CORNER AREA. 2 & 3 BRS. APTS. VERY BRIGHT & SUNNY LR. W/SOUTH-WEST EXPOSURE, FORMAL DR. LARGE KIT. W/EAT-IN AREA, OAK CABS & CT. FLOOR, CT. BATHS, HARDWOOD FLRS, THERMAL WINDS. SEPARATE HEAT & ELECTRIC. ENCLOSED PORCH. 2ND FLOOR HAS C/A. FRONT METAL LINTEL BEAM JUST REPLACED + TUCKPOINTING WORK JUST DONE - OVER $16K SPENT. FURNACE 1ST FL 2YRS OLD, 2ND FL 7YRS. FINISHED BSMT W/OPEN AREA & FULL BATH (STUDIO TYPE). 2 CAR GARAGE, PLENTY OF STREET PARKING. NICE BACK YARD. NEEDS SOME COSMETIC WORK.

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 2A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units, and are priced at $374,501 to $433,229
This listing is 1% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 5% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $30,600 Monthly $2,550
Rental Income Stabilized : Annual $30,852 Monthly $2,571
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$369,9002$184,9503.94%12.090.70%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,550$2,571
Year Total$30,600$30,852
Expense
Total$16,028$16,028
Net Operating Income$14,572$14,824
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4476 $12393 $16869 $1406
Total         $4,476 $12,393 $16,869   $-2,297 $4,476 $2,179
Stabilized         $4,476 $12,393 $16,869   $-2,045 $4,476 $2,431
Custom         $4476 $12393 $16869   $-2045 $4476 $2431




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1277,4251,4063661,0403661,0401,406
2277,0591,4063671,0397332,0792,812
3276,6921,4063681,0381,1013,1174,218
4276,3241,4063701,0361,4714,1535,624
5275,9541,4063711,0351,8425,1887,030
6275,5831,4063731,0332,2156,2218,436
7275,2101,4063741,0322,5897,2539,842
8274,8361,4063751,0312,9648,28411,248
9274,4611,4063771,0293,3419,31312,654
10274,0841,4063781,0283,71910,34114,060
11273,7061,4063801,0264,09811,36815,466
12273,3271,4063811,0254,48012,39216,872
13272,9451,4063821,0244,86213,41618,278

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Listing Agent: Janusz Kulesza
Listing Office: Beaulieu Real Estate
8498 W. Grand Ave. River Grove

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