2 Flat 2532 Avers Logan Square Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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2 Flat 2532 Avers Logan Square Chicago IL Mu Inve

City: Chicago ZIP: 60647

Built In: 1908

Lot Size: K

Lot Dimensions: 30X125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $1650

Unit 2 Floor 2: 3 bedrooms 1 baths $1850

Gross Income $42,000

Detailed Listing Description

Oversized brick two-flat in excellent Logan Square location! Property features 3 bedrooms and 1 bathroom in each unit. Both units have refinished hardwood floors, large living, and dining rooms and get great light. Updates include a new roof, rebuilt parapet wall, and tuck-pointing. 2nd floor has brand new hardwood floors, modern kitchen, and bath. The 1st-floor features refinished hardwood floors, an updated kitchen, and bathroom, with new fixtures throughout. Great location with nearby transportation, schools, shopping, restaurants, 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,C
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1A,B,E,F
  • Appliances Unit 2A,B,E,F
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 1% 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 4% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $42,000 Monthly $3,500
Rental Income Stabilized : Annual $42,144 Monthly $3,512
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$515,0002$257,5004.67%12.260.68%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,500$3,512
Year Total$42,000$42,144
Expense
Total$17,935$17,935
Net Operating Income$24,065$24,209
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6232 $17254 $23486 $1958
Total         $6,232 $17,254 $23,486   $579 $6,232 $6,811
Stabilized         $6,232 $17,254 $23,486   $723 $6,232 $6,955
Custom         $6232 $17254 $23486   $723 $6232 $6955




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1386,2501,9585101,4485101,4481,958
2385,7401,9585111,4471,0212,8953,916
3385,2291,9585131,4451,5344,3405,874
4384,7161,9585151,4432,0505,7827,832
5384,2001,9585171,4412,5677,2239,790
6383,6831,9585191,4393,0868,66211,748
7383,1641,9585211,4373,60710,09913,706
8382,6431,9585231,4354,13011,53415,664
9382,1201,9585251,4334,65512,96717,622
10381,5951,9585271,4315,18214,39819,580
11381,0681,9585291,4295,71115,82721,538
12380,5391,9585311,4276,24217,25423,496
13380,0081,9585331,4256,77518,67925,454

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Listing Agent: Steven Glick
Listing Office: CG Realty Group Ltd
1890 Maple Avenue APT 901E Evanston

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