2 Flat 4836 Avers Albany Park Chicago IL Mu Inves| Chicago Property Listings – X Plus Real Estate

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2 Flat 4836 Avers Albany Park Chicago IL Mu Inves

City: Chicago ZIP: 60625

Built In: 1921

Lot Size: K

Lot Dimensions: 31X124

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Check this charming jumbo 2 flat in heart of ALBANY PARK. True definition of a gut rehab. This building has gone thru extensive rehab. New roof, windows, tuck pointing, porch, individual central heat and ac, complete new plumbing & hw tanks. 200 amp electirc service and complete new wiring. Interior features offer new foam insulation on exterior walls, drywall, doors, trim. Kitchen have 42" soft white cabinets with quartz counter tops and SS appliances. Stylish baths with modern finishes. This is a Great turn key property perfect for investor or home owners. All work done with plans and permits and approved by CITY of CHICAGO.

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 1A
  • Tenant Pays Unit 2A
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60625

Listings in this Zip Code average: 2 to 3 units, and are priced at $524,450 to $650,684
This listing is 0% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Albany Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $382,923 to $549,758
This listing is 37% 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 $28,051 Monthly $2,338
Rental Income Stabilized : Annual $35,064 Monthly $2,922
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,338$2,922
Year Total$28,051$35,064
Net Operating Income$13,001$20,014
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $6353 $17589 $23942 $1996
Total         $6,353 $17,589 $23,942   $-10,941 $6,353 $-4,588
Stabilized         $6,353 $17,589 $23,942   $-3,928 $6,353 $2,425
Custom         $6353 $17589 $23942   $-3928 $6353 $2425

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Mohammed Iftikhar
Listing Office: Guidance Realty
3004 W. Northshore Ave. Chicago

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