2 Flat 2128 Bingham Logan Square Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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2 Flat 2128 Bingham Logan Square Chicago IL Mu In

City: Chicago ZIP: 60647

Built In: 1875

Lot Size: L

Lot Dimensions: 104.238X24

# of Units: 2

Unit 1 Floor 1: 1 bedrooms 1 baths $1645

Unit 2 Floor 2: 3 bedrooms 2 baths $2550

Net Op. Income $34,169

Detailed Listing Description

100% leased with excellent cash flow. 1BR/1BA Garden & 3BR/2BA duplex up. 2 gated parking spaces. Close proximity to bustling Logan Square, shopping, & dining.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1C
  • Tenant Pays Unit 2C
  • Appliances Unit 1A,B,C,D
  • Appliances Unit 2A,B,C,D
  • 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 0% 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 3% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $50,340 Monthly $4,195
Rental Income Stabilized : Annual $50,616 Monthly $4,218
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,195$4,218
Year Total$50,340$50,616
Net Operating Income$31,930$32,206
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $6292 $17422 $23714 $1977
Total         $6,292 $17,422 $23,714   $8,216 $6,292 $14,508
Stabilized         $6,292 $17,422 $23,714   $8,492 $6,292 $14,784
Custom         $6292 $17422 $23714   $8492 $6292 $14784

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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