3 Flat 2444 St Louis Logan Square Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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3 Flat 2444 St Louis Logan Square Chicago IL Mu I

City: Chicago ZIP: 60647

Built In: 1965

Lot Size: A

Lot Dimensions: 35 X 125

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $1100

Unit 2 Floor 2: 3 bedrooms 1 baths $1200

Unit 3 Floor G: 2 bedrooms 1 baths $N/A

Detailed Listing Description

Beautiful East Facing, All brick 2 flat with garden unit on an Extra wide 35 X 125 lot. Located on a quiet tree line street in the heart of one of the most charming pockets of Logan Square! property features: high ceilings, beautiful hardwood floors throughout, original panel doors with hardware in pristine condition-both units have an elegant living room, formal dining room. Great potential to add value! Units feature separate utilities and full finished basement that's great for extended family or can be duplexed with 1st floor. Rents are undervalued and month-to-month. Property has been meticulously maintained and shows pride of ownership throughout, and is in move in/rent ready condition. Located in Red Hot Logan Square, conveniently close to 90/94, Public transit, The 606 Bike trail, the heart of Logan Square & Great shopping / dining. Neither Seller or Agent represent the legality of garden unit.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2.5
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Tenant Pays Unit 3A
Appliances
  • Appliances Unit 1A,B,F
  • Appliances Unit 2A,B,F
  • Appliances Unit 3A,B,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 8% more than other 3 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 18% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $41,496 Monthly $3,458
Rental Income Stabilized : Annual $62,544 Monthly $5,212
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$569,0003$189,6674.14%13.710.92%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,458$5,212
Year Total$41,496$62,544
Expense
Total$17,960$17,960
Net Operating Income$23,536$44,584
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6885 $19063 $25948 $2163
Total         $6,885 $19,063 $25,948   $-2,412 $6,885 $4,473
Stabilized         $6,885 $19,063 $25,948   $18,636 $6,885 $25,521
Custom         $6885 $19063 $25948   $18636 $6885 $25521




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1426,7502,1635631,6005631,6002,163
2426,1872,1635651,5981,1273,1994,326
3425,6232,1635671,5961,6944,7956,489
4425,0562,1635691,5942,2636,3898,652
5424,4872,1635711,5922,8357,98010,815
6423,9152,1635731,5903,4089,57012,978
7423,3422,1635751,5883,98311,15815,141
8422,7672,1635781,5854,56112,74317,304
9422,1892,1635801,5835,14114,32619,467
10421,6092,1635821,5815,72315,90721,630
11421,0272,1635841,5796,30717,48623,793
12420,4432,1635861,5776,89319,06325,956
13419,8572,1635891,5747,48220,63728,119

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Listing Agent: Caesar Skiba
Listing Office: Re/Max Landmark
6621 W Higgins Ave Apt 2R Chicago

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