3 Flat 2436 Diversey Avondale Chicago IL Mu Inves| Chicago Property Listings – X Plus Real Estate

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3 Flat 2436 Diversey Avondale Chicago IL Mu Inves

City: Chicago ZIP: 60647

Built In: 1922

Lot Size: A

Lot Dimensions: 50' X 130.75' X 54.84' X 9

Lot Description: H

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $1500

Unit 2 Floor 2: 2 bedrooms 1 baths $1250

Unit 3 Floor G: 2 bedrooms 1 baths $1100

Detailed Listing Description

Great opportunity to purchase this two flat on a double lot in Avondale. This 3 unit (2 bdrm, 1 bath) is fully occupied, and well maintained. Common laundry in the basement. Additional side lot included in the purchase price has a separate PIN#. Keep as investment or for new development there is added value in the land as well increasing rent to market value.

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces1
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D,E
  • Tenant Pays Unit 2B,C,D,E
  • Tenant Pays Unit 3B,C,D,E
Appliances
  • Appliances Unit 1A,B,E,F
  • Appliances Unit 2A,B,E,F
  • Appliances Unit 3A,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 9% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 36% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $46,200 Monthly $3,850
Rental Income Stabilized : Annual $58,836 Monthly $4,903
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$675,0003$225,0003.07%14.610.73%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,850$4,903
Year Total$46,200$58,836
Expense
Total$25,455$25,455
Net Operating Income$20,745$33,381
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $8167 $22615 $30782 $2566
Total         $8,167 $22,615 $30,782   $-10,037 $8,167 $-1,870
Stabilized         $8,167 $22,615 $30,782   $2,599 $8,167 $10,766
Custom         $8167 $22615 $30782   $2599 $8167 $10766




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1506,2502,5666681,8986681,8982,566
2505,5822,5666701,8961,3383,7945,132
3504,9122,5666731,8932,0105,6887,698
4504,2402,5666751,8912,6857,57910,264
5503,5652,5666781,8883,3639,46712,830
6502,8872,5666801,8864,04311,35315,396
7502,2072,5666831,8834,72613,23617,962
8501,5242,5666851,8815,41115,11720,528
9500,8392,5666881,8786,09916,99523,094
10500,1512,5666901,8766,78918,87125,660
11499,4612,5666931,8737,48220,74428,226
12498,7682,5666961,8708,17822,61430,792
13498,0722,5666981,8688,87624,48233,358

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Listing Agent: Owen Duffy
Listing Office: Fulton Grace Realty
5833 Blackstone Ave La Grange Highlands

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