2 Flat 3214 Mclean Logan Square Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 3214 Mclean Logan Square Chicago IL Mu Inv

City: Chicago ZIP: 60647

Built In: 1906

Lot Size: A

Lot Dimensions: 33X115X29X125

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $1350

Detailed Listing Description

LOVINGLY CARED FOR ALL BRICK 2 FLAT ON AN OVERSIZED LOT! 1ST FLR UNIT IS A 3BD/1 BTH WITH FORMAL DR. ACCESS INTO BASEMENT WITH IN/LAW SET UP WITH A BDRM, LR, KIT AND BATH. WALK OUT INTO BACK YARD ALSO. 2ND UNIT IS A 3BD/1 BTH WITH FORMAL DR. HARDWOOD FLOORS THRU OUT BOTH UNITS. LARGE YARD WITH CONCRETE PATIO. WINDOWS AND ROOF 10 YRS OLD. PROPERTY IS BEING SOLD AS IS. BUILDING IS LOCATED NEAR THE 606 TRAIL, PUBLIC TRANSPORTATION AND GREAT BARS AND RESTAURANTS.

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • 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,H
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1A,B,S
  • Appliances Unit 2A,B,S
Schools
  • 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 6% 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 2% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $16,200 Monthly $1,350
Rental Income Stabilized : Annual $42,144 Monthly $3,512
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$549,9992$275,000-0.53%33.950.64%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,350$3,512
Year Total$16,200$42,144
Expense
Total$19,126$19,126
Net Operating Income$-2,926$23,018
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6655 $18427 $25082 $2091
Total         $6,655 $18,427 $25,082   $-28,008 $6,655 $-21,353
Stabilized         $6,655 $18,427 $25,082   $-2,064 $6,655 $4,591
Custom         $6655 $18427 $25082   $-2064 $6655 $4591




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1412,5002,0915441,5475441,5472,091
2411,9562,0915461,5451,0903,0924,182
3411,4102,0915481,5431,6394,6346,273
4410,8612,0915501,5412,1896,1758,364
5410,3112,0915521,5392,7417,71410,455
6409,7592,0915541,5373,2969,25012,546
7409,2042,0915561,5353,85210,78514,637
8408,6482,0915591,5324,41112,31716,728
9408,0892,0915611,5304,97113,84818,819
10407,5292,0915631,5285,53415,37620,910
11406,9662,0915651,5266,09916,90223,001
12406,4012,0915671,5246,66618,42625,092
13405,8342,0915691,5227,23519,94827,183

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Listing Agent: Rosalba Bulza
Listing Office: iDream Realty Inc
4425 W. 101st Oak Lawn

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