2 Flat 1709 Karlov Humboldt Park Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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2 Flat 1709 Karlov Humboldt Park Chicago IL Mu In

City: Chicago ZIP: 60639

Built In: 1901

Lot Size: A

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $950

Unit 2 Floor 5: 2 bedrooms 1 baths $700

Detailed Listing Description

INCOME & LOCATION!!! Let tenants pay your mortgage! NO BRAINER-Lower market rate rents that can be increased! Seller nor agent represent legality of basement and attic which are rented out. Building does need updating and has a car port in back which can be rented out additionally. All units are 2 bedroom 1 Bath SOLD AS IS-"WEST LOGAN SQUARE" BSMT-600 Shared utilities with 1st floor paid by owner 1st floor 1050-Shared utilities with 1st floor paid by owner 2nd Floor 850-Separate Utilities paid by tenant Attic 650-Separate Utilities paid by tenant

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60639

Listings in this Zip Code average: 2 to 3 units, and are priced at $280,900 to $319,732
This listing is 18% 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 2% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $19,800 Monthly $1,650
Rental Income Stabilized : Annual $22,908 Monthly $1,909
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$229,9002$114,9502.20%11.610.83%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,650$1,909
Year Total$19,800$22,908
Expense
Total$14,734$14,734
Net Operating Income$5,066$8,174
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2782 $7703 $10485 $874
Total         $2,782 $7,703 $10,485   $-5,419 $2,782 $-2,637
Stabilized         $2,782 $7,703 $10,485   $-2,311 $2,782 $471
Custom         $2782 $7703 $10485   $-2311 $2782 $471




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1172,425874227647227647874
2172,1988742286464561,2921,748
3171,9698742296456851,9372,622
4171,7408742306449152,5813,496
5171,5108742316431,1463,2244,370
6171,2798742326421,3773,8675,244
7171,0488742336411,6104,5086,118
8170,8158742336411,8435,1496,992
9170,5828742346402,0785,7887,866
10170,3478742356392,3136,4278,740
11170,1128742366382,5497,0659,614
12169,8768742376372,7867,70210,488
13169,6398742386363,0248,33811,362

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Listing Agent: Rosa Martinez
Listing Office: Berkshire Hathaway HomeServices Chicago
5010 W. George St Chicago

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