2 Flat 1805 Francisco Logan Square Chicago IL Mu | Chicago Property Listings – X Plus Real Estate

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2 Flat 1805 Francisco Logan Square Chicago IL Mu

City: Chicago ZIP: 60647

Built In: 1887

Lot Size: A

Lot Dimensions: 32 X 111

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $2131

Unit 2 Floor 2: 2 bedrooms 1 baths $1725

Net Op. Income $33,163

Detailed Listing Description

100% leased with excellent cash flow. Logan square 2 flat just off the 606! Extra wide lot 32 x111. Stainless steel appliances in both kitchens. New roof and siding in 2011, new fence and porch in 2016. Close proximity to CTA blue line via California bus.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces3
  • Parking on SiteN
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2B
  • Appliances Unit 1B,F,S
  • Appliances Unit 2A,B,C,D,E,F,P,S
  • 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 2% 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 5% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $46,272 Monthly $3,856
Rental Income Stabilized : Annual $42,564 Monthly $3,547
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,856$3,547
Year Total$46,272$42,564
Net Operating Income$27,539$23,831
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $6171 $17087 $23258 $1939
Total         $6,171 $17,087 $23,258   $4,281 $6,171 $10,452
Stabilized         $6,171 $17,087 $23,258   $573 $6,171 $6,744
Custom         $6171 $17087 $23258   $573 $6171 $6744

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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