2 Flat 1622 21st Lower West Side Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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2 Flat 1622 21st Lower West Side Chicago IL Mu In

City: Chicago ZIP: 60608

Built In: U

Lot Size: L

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $2110

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

LOCATION! LOCATION! LOCATION! PILSEN! THIS PROPERTY IS LOCATED IN ONE OF THE MOST KNOWN NEIGHBORHOODS IN THE CITY. BRAND NEW CONSTRUCTION WITH 2 CAR GARAGE! EVERYTHING BRAND NEW FROM TOP TO BOTTOM BUT YOU STILL GET LOW TAX. IT'S A 2-FLAT AND EACH FLOOR HAS 2 BEDROOMS AND ONE BATHROOM. FIRST FLOOR RENTED FOR $2100/MONTH.

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1A,B,C,D,E,F,I,N
  • Appliances Unit 2A,B,C,D,E,F,I,N
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60608

Listings in this Zip Code average: 3 to 4 units, and are priced at $367,244 to $450,309
This listing is 83% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lower West Side

Listings in this Neighborhood average: 3 to 4 units, with average prices of $386,718 to $497,983
This listing is 74% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $25,320 Monthly $2,110
Rental Income Stabilized : Annual $33,900 Monthly $2,825
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$539,9002$269,9501.84%21.320.52%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,110$2,825
Year Total$25,320$33,900
Expense
Total$15,372$15,372
Net Operating Income$9,948$18,528
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6533 $18088 $24621 $2052
Total         $6,533 $18,088 $24,621   $-14,673 $6,533 $-8,140
Stabilized         $6,533 $18,088 $24,621   $-6,093 $6,533 $440
Custom         $6533 $18088 $24621   $-6093 $6533 $440




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1404,9252,0525341,5185341,5182,052
2404,3912,0525361,5161,0693,0354,104
3403,8562,0525381,5141,6074,5496,156
4403,3182,0525401,5122,1466,0628,208
5402,7792,0525421,5102,6887,57210,260
6402,2372,0525441,5083,2319,08112,312
7401,6942,0525461,5063,77710,58714,364
8401,1482,0525481,5044,32512,09116,416
9400,6002,0525501,5024,87413,59418,468
10400,0512,0525521,5005,42615,09420,520
11399,4992,0525541,4985,98016,59222,572
12398,9452,0525561,4966,53618,08824,624
13398,3892,0525581,4947,09419,58226,676

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Listing Agent: Hamid Khoshain
Listing Office: Century 21 Universal
4601 W. Touhy Ave Apt. 507 Lincolnwood

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