2 Flat 6345 Montrose Portage Park Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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2 Flat 6345 Montrose Portage Park Chicago IL Mu I

City: Chicago ZIP: 60634

Built In: U

Lot Size: A

Lot Dimensions: 30 X 128

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $1100

Gross Income $28,320

Detailed Listing Description

WELL MAINTAINED TWO FLAT READY FOR A NEW OWNER. THE FIRST FLOOR HAS BEEN REMODELED, INCLUDING A NEWER KITCHEN AND A BRAND NEW BATHROOM. HARDWOOD FLOORS THROUGHOUT HAVE BEEN REFINISHED AND THE ENTIRE UNIT HAS BEEN FRESHLY PAINTED. BOTH UNITS FEATURE LARGE ENCLOSED PORCHES. NICE SPACIOUS YARD IN BACK LEADS TO A TWO CAR DETACHED GARAGE. TENANTS PAY GAS AND ELECTRIC.

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,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,E
  • Appliances Unit 2A,B,E
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60634

Listings in this Zip Code average: 2 to 3 units, and are priced at $329,214 to $451,036
This listing is 18% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 24% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $13,200 Monthly $1,100
Rental Income Stabilized : Annual $30,792 Monthly $2,566
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$269,0002$134,5000.40%20.380.95%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,100$2,566
Year Total$13,200$30,792
Expense
Total$12,123$12,123
Net Operating Income$1,077$18,669
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3255 $9013 $12268 $1023
Total         $3,255 $9,013 $12,268   $-11,191 $3,255 $-7,936
Stabilized         $3,255 $9,013 $12,268   $6,401 $3,255 $9,656
Custom         $3255 $9013 $12268   $6401 $3255 $9656




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1201,7501,0232667572667571,023
2201,4841,0232677565341,5122,046
3201,2161,0232687558022,2673,069
4200,9481,0232697541,0723,0204,092
5200,6781,0232707531,3423,7735,115
6200,4081,0232717521,6144,5246,138
7200,1361,0232727511,8865,2757,161
8199,8641,0232747492,1606,0248,184
9199,5901,0232757482,4346,7739,207
10199,3161,0232767472,7107,52010,230
11199,0401,0232777462,9868,26711,253
12198,7641,0232787453,2649,01212,276
13198,4861,0232797443,5439,75613,299

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Listing Agent: Peter Deja
Listing Office: Cross County Realty Inc.
P.O. BOX 532 SKOKIE

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