2 Flat 3629 Albany Irving Park Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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2 Flat 3629 Albany Irving Park Chicago IL Mu Inve

City: Chicago ZIP: 60618

Built In: 1911

Lot Size: A

Lot Dimensions: 3750 SQ FT

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $N/A

Unit 2 Floor 2: 3 bedrooms 1 baths $N/A

Detailed Listing Description

"Investor opportunity! Two Flat with great potential in a great location. This building can generate rental income right away or converted to a single-family with a little work. This home is being sold As-Is, come see it before it's sold."

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

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 25% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 16% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $33,108 Monthly $2,759
Rental Income Stabilized : Annual $37,728 Monthly $3,144
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$359,9002$179,9506.06%10.870.87%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,759$3,144
Year Total$33,108$37,728
Expense
Total$11,308$11,308
Net Operating Income$21,800$26,420
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4355 $12058 $16413 $1368
Total         $4,355 $12,058 $16,413   $5,387 $4,355 $9,742
Stabilized         $4,355 $12,058 $16,413   $10,007 $4,355 $14,362
Custom         $4355 $12058 $16413   $10007 $4355 $14362




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1269,9251,3683561,0123561,0121,368
2269,5691,3683571,0117132,0232,736
3269,2121,3683581,0101,0713,0334,104
4268,8541,3683601,0081,4314,0415,472
5268,4941,3683611,0071,7925,0486,840
6268,1331,3683631,0052,1556,0538,208
7267,7701,3683641,0042,5197,0579,576
8267,4061,3683651,0032,8848,06010,944
9267,0411,3683671,0013,2509,06212,312
10266,6751,3683681,0003,61810,06213,680
11266,3071,3683699993,98811,06015,048
12265,9371,3683719974,35912,05716,416
13265,5661,3683729964,73113,05317,784

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Listing Agent: Frank Keane
Listing Office: Chicagoland Brokers Inc.
701 Sunnyside Rd. Roselle

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