3 Flat 4026 Kimball Irving Park Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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3 Flat 4026 Kimball Irving Park Chicago IL Mu Inv

City: Chicago ZIP: 60618

Built In: 1901

Lot Size: L

Lot Dimensions: 25 X 125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor 3: 1 bedrooms 1 baths $0

Detailed Listing Description

Incredible legal three unit opportunity in a booming neighborhood! This is the opportunity you've been waiting for! Nestled in an appreciating area with lots of new construction, this three unit is great for an investment or for anyone who wants to live rent free by renting out the two other units. First floor offers an open concept layout with new hardwood floors and a new kitchen island perfect for entertaining. Tons of natural sunlight throughout and conveniently located close to public transportation, shopping, schools and more.

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
  • Tenant Pays Unit 2B
  • Tenant Pays Unit 3B
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
Schools
  • Grade SchoolMurphy Elementary School
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolRoosevelt High School
  • 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 44% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 35% 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 $40,771 Monthly $3,398
Rental Income Stabilized : Annual $50,964 Monthly $4,247
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$329,9003$109,9675.53%8.091.29%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,398$4,247
Year Total$40,771$50,964
Expense
Total$22,515$22,515
Net Operating Income$18,256$28,449
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3992 $11053 $15045 $1254
Total         $3,992 $11,053 $15,045   $3,211 $3,992 $7,203
Stabilized         $3,992 $11,053 $15,045   $13,404 $3,992 $17,396
Custom         $3992 $11053 $15045   $13404 $3992 $17396




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1247,4251,2543269283269281,254
2247,0991,2543279276541,8542,508
3246,7711,2543299259822,7803,762
4246,4431,2543309241,3123,7045,016
5246,1131,2543319231,6434,6276,270
6245,7821,2543329221,9755,5497,524
7245,4501,2543349202,3096,4698,778
8245,1161,2543359192,6447,38810,032
9244,7811,2543369182,9808,30611,286
10244,4451,2543379173,3179,22312,540
11244,1081,2543399153,65610,13813,794
12243,7691,2543409143,99611,05215,048
13243,4291,2543419134,33711,96516,302

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Listing Agent: Josue Duarte
Listing Office: Realty of Chicago LLC
1908 S 58th Avenue Cicero

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