2 Flat 3306 Potomac Humboldt Park Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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2 Flat 3306 Potomac Humboldt Park Chicago IL Mu I

City: Chicago ZIP: 60651

Built In: 1900

Lot Size: L

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Gorgeous, Crisp and Chic gut rehab of this Humboldt Park Two-Flat Greystone. Each apartment has 3 bedrooms and features open living and dining rooms with high ceilings and hardwood floors throughout creating a reclaimed vibe. Beautiful bright kitchens each feature accents of black and natural wood, a textured backsplash with a quartz countertop, a functional island for expanded storage, stainless steel appliances and a laundry room just off the kitchen. Baths are minimalist styled with rain forest shower heads and vintage cement tile floors. Enclosed porches add opportunity for more storage. Two-car garage and street permit parking available. Minutes to great restaurants and all Humboldt Park and Logan Square have to offer. Walking distance to Humboldt Park and the 606 both listed as Top Ten City Parks by Time Out Magazine. Potential rent is $1,900 for each apartment and opportunity to expand into unfinished basement. New roof, windows, plumbing, electrical and HVAC.

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,C,D
  • Tenant Pays Unit 2B,C,D
  • Appliances Unit 1A,B,E,F,G,I,P,S
  • Appliances Unit 2A,B,E,F,G,I,P,S
  • 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 174% 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 136% 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 $25,325 Monthly $2,110
Rental Income Stabilized : Annual $31,656 Monthly $2,638
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,110$2,638
Year Total$25,325$31,656
Net Operating Income$8,600$14,931
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $6412 $17753 $24165 $2014
Total         $6,412 $17,753 $24,165   $-15,565 $6,412 $-9,153
Stabilized         $6,412 $17,753 $24,165   $-9,234 $6,412 $-2,822
Custom         $6412 $17753 $24165   $-9234 $6412 $-2822

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Mabel Guzman
Listing Office: @properties
2959 N. Washtenaw Chicago

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