2 Flat 4624 Kedvale Albany Park Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 4624 Kedvale Albany Park Chicago IL Mu Inv

City: Chicago ZIP: 60630

Built In: 1918

Lot Size: A

Lot Dimensions: 42X112X50X70

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $VAC

Unit 2 Floor 2: 2 bedrooms 1 baths $750

Detailed Listing Description

Lowest priced 2 flat in Albany Park! 2 apartments with 5 rooms 2 bedrooms 1 bath each. Full basement with bath, 2 car garage. Walking distance to Montrose Blue line & Metra Station, just minutes from the I-90/94. Bring your creativity and create instant equity. 2 Gas and electric meters. One of the fast appreciating neighborhoods in Chicago! Property needs work. Bring your contractors. SOLD AS IS. Cash or conventional offers.

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
Utilities
  • Tenant Pays Unit 1B
  • Tenant Pays Unit 2B
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60630

Listings in this Zip Code average: 2 to 3 units, and are priced at $387,305 to $445,558
This listing is 46% 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 45% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $25,800 Monthly $2,150
Rental Income Stabilized : Annual $35,520 Monthly $2,960
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$210,0002$105,0007.26%8.141.41%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,150$2,960
Year Total$25,800$35,520
Expense
Total$10,549$10,549
Net Operating Income$15,251$24,971
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2541 $7036 $9577 $799
Total         $2,541 $7,036 $9,577   $5,674 $2,541 $8,215
Stabilized         $2,541 $7,036 $9,577   $15,394 $2,541 $17,935
Custom         $2541 $7036 $9577   $15394 $2541 $17935




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1157,500799208591208591799
2157,2927992095904181,1801,598
3157,0827992105896271,7702,397
4156,8737992115888382,3583,196
5156,6627992125871,0502,9453,995
6156,4507992125871,2623,5324,794
7156,2387992135861,4754,1185,593
8156,0257992145851,6894,7036,392
9155,8117992155841,9045,2877,191
10155,5967992165832,1195,8717,990
11155,3817992165832,3366,4538,789
12155,1647992175822,5537,0359,588
13154,9477992185812,7717,61610,387

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Listing Agent: Mel Alvizures
Listing Office: ABC REALTORS, Inc.
5054 W. Irving Park Road Chicago

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