2 Flat 2751 Francis Logan Square Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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2 Flat 2751 Francis Logan Square Chicago IL Mu In

City: Chicago ZIP: 60647

Built In: 1880

Lot Size: A

Lot Dimensions: 25 X 107

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1825

Unit 2 Floor 2: 3 bedrooms 1 baths $2069

Gross Income $65,961

Net Op. Income $47,497

Detailed Listing Description

100% leased with excellent cash flow. 2BR/1BA & 3BR/1BA with non-conforming 2BR attic. Close proximity to California and Western Blue line, I-90/94, 606 trail and all the restaurants and entertainment the neighborhood offers.

Additional Property Details

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

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 27% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 23% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $46,728 Monthly $3,894
Rental Income Stabilized : Annual $38,016 Monthly $3,168
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,894$3,168
Year Total$46,728$38,016
Net Operating Income$27,972$19,260
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $7986 $22112 $30098 $2509
Total         $7,986 $22,112 $30,098   $-2,126 $7,986 $5,860
Stabilized         $7,986 $22,112 $30,098   $-10,838 $7,986 $-2,852
Custom         $7986 $22112 $30098   $-10838 $7986 $-2852

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Nicholas Apostal
Listing Office: Keller Williams Chicago-Lincoln Park
2742 N. Richmond, #1 Chicago

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