3 Flat 1642 Belmont Lake View Chicago IL Mu Inves| Chicago Property Listings – X Plus Real Estate

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3 Flat 1642 Belmont Lake View Chicago IL Mu Inves

City: Chicago ZIP: 60657

Built In: U

Lot Size: K

Lot Dimensions: 50X125

Lot Description: D

# of Units: 3

Unit 1 Floor 1: 0 bedrooms 1 baths $5011

Unit 2 Floor 2: 1 bedrooms 1 baths $OWN

Unit 3 Floor 2: 1 bedrooms 1 baths $2250

Detailed Listing Description

SOLD BEFORE PRINT FOR LAND VALUE.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces6
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D,H
  • Tenant Pays Unit 2B,C,D,H
  • Tenant Pays Unit 3B,C,D
Appliances
  • Appliances Unit 1I,S
  • Appliances Unit 2A,B,C,D,E,F,I,S,T
  • Appliances Unit 3A,B,C,D,E,F,I,S
Schools
  • Grade SchoolBurley Elementary School
  • Grade School District299
  • Jr High/Middle SchoolBurley Elementary School
  • Jr High/Middle School District299
  • High SchoolLake View High School
  • High School District299

Comparative Data

Zip Code Comparison: 60657

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,088,824 to $1,836,727
This listing is 6% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lake View

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,039,522 to $1,694,786
This listing is 11% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $87,132 Monthly $7,261
Rental Income Stabilized : Annual $95,652 Monthly $7,971
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$1,150,0003$383,3335.05%13.200.69%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$7,261$7,971
Year Total$87,132$95,652
Expense
Total$29,052$29,052
Net Operating Income$58,080$66,600
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $13915 $38528 $52443 $4371
Total         $13,915 $38,528 $52,443   $5,637 $13,915 $19,552
Stabilized         $13,915 $38,528 $52,443   $14,157 $13,915 $28,072
Custom         $13915 $38528 $52443   $14157 $13915 $28072




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1862,5004,3711,1373,2341,1373,2344,371
2861,3634,3711,1413,2302,2786,4648,742
3860,2224,3711,1453,2263,4239,69013,113
4859,0774,3711,1493,2224,57212,91217,484
5857,9284,3711,1543,2175,72616,12921,855
6856,7744,3711,1583,2136,88419,34226,226
7855,6164,3711,1623,2098,04622,55130,597
8854,4544,3711,1673,2049,21325,75534,968
9853,2874,3711,1713,20010,38428,95539,339
10852,1164,3711,1763,19511,56032,15043,710
11850,9404,3711,1803,19112,74035,34148,081
12849,7604,3711,1843,18713,92438,52852,452
13848,5764,3711,1893,18215,11341,71056,823

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Listing Agent: Mario Greco
Listing Office: Berkshire Hathaway HomeServices Chicago
540 N. Paulina Chicago

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