3 Flat 1632 Home Berwyn IL Mu Investment | Chicago Property Listings – X Plus Real Estate

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3 Flat 1632 Home Berwyn IL Mu Investment

City: Berwyn ZIP: 60402

Built In: 1928

Lot Size: A

Lot Dimensions: 30 X 125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $1225

Unit 2 Floor 2: 2 bedrooms 1 baths $1225

Unit 3 Floor B: 1 bedrooms 1 baths $800

Detailed Listing Description

Incredible investment opportunity!!! Beautiful brick 3 unit building features first and second floor units with combined living and dining rooms, 2 bedrooms and 1 bath in each. Garden apartment features a large living room, kitchen, 1 bedroom and 1 bath. Each floor has its own stove, refrigerator, washer, drier and 1 window AC unit. Stunning hardwood stretches throughout the living and dining spaces. Large carpeted bedrooms and all kitchens are tiled. Tenants can spend warm evenings relaxed on the enclosed porch with a large backyard!! New roof installed 2016!! Don't miss out on this centrally located, close to everything money maker!!

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
  • Tenant Pays Unit 1B
  • Tenant Pays Unit 2B
  • Tenant Pays Unit 3B
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • Grade School District98
  • Jr High/Middle School District98
  • High School District201

Comparative Data

Zip Code Comparison: 60402

Listings in this Zip Code average: 2 to 3 units, and are priced at $238,513 to $287,452
This listing is 27% more than other 3 unit listings in this zipcode.

Calculated Rents
Rental Income : Annual $39,000 Monthly $3,250
Rental Income Stabilized : Annual $36,396 Monthly $3,033
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,250$3,033
Year Total$39,000$36,396
Net Operating Income$15,614$13,010
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $4417 $12229 $16646 $1388
Total         $4,417 $12,229 $16,646   $-1,032 $4,417 $3,385
Stabilized         $4,417 $12,229 $16,646   $-3,636 $4,417 $781
Custom         $4417 $12229 $16646   $-3636 $4417 $781

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Richard Pulciani
Listing Office: Keller Williams Preferred Rlty
16041 Red Cloud Drive Lockport

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