2 Flat 4339 Cortez Humboldt Park Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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2 Flat 4339 Cortez Humboldt Park Chicago IL Mu In

City: Chicago ZIP: 60651

Built In: U

Lot Size: A

Lot Dimensions: 25 X 125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Brand new rehab in Hot Humboldt Park. Beautiful building with too many upgrades to list. Brand new roof, electrical service, gas service, water lines and windows. All work performed with plans and permits. Gorgeous kitchens with stainless steel appliances and granite countertops. Enclosed porches, full unfinished attic. Wonderful block with strong rental market. Perfect for investor or owner occupied with extra rental income. Must see!

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces1
  • Parking on SiteY
  • Parking OwnershipN
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
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: 60651

Listings in this Zip Code average: 2 to 3 units, and are priced at $193,400 to $245,557
This listing is 47% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Humboldt Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
This listing is 27% more than other 2 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $22,848 Monthly $1,904
Rental Income Stabilized : Annual $28,560 Monthly $2,380
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$285,0002$142,5003.26%12.470.84%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,904$2,380
Year Total$22,848$28,560
Expense
Total$13,546$13,546
Net Operating Income$9,302$15,014
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3449 $9549 $12998 $1084
Total         $3,449 $9,549 $12,998   $-3,696 $3,449 $-247
Stabilized         $3,449 $9,549 $12,998   $2,016 $3,449 $5,465
Custom         $3449 $9549 $12998   $2016 $3449 $5465




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1213,7501,0842828022828021,084
2213,4681,0842838015661,6022,168
3213,1841,0842857998502,4023,252
4212,9001,0842867981,1363,2004,336
5212,6141,0842877971,4233,9975,420
6212,3271,0842887961,7114,7936,504
7212,0391,0842897951,9995,5897,588
8211,7511,0842907942,2896,3838,672
9211,4611,0842917932,5807,1769,756
10211,1701,0842927922,8737,96710,840
11210,8771,0842937913,1668,75811,924
12210,5841,0842947903,4609,54813,008
13210,2901,0842957893,75510,33714,092

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Listing Agent: Sara Abbasi
Listing Office: Century 21 Universal
8521 N Chester Ave Niles

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