2 Flat 1967 Balmoral Lincoln Square Chicago IL Mu| Chicago Property Listings – X Plus Real Estate

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2 Flat 1967 Balmoral Lincoln Square Chicago IL Mu

City: Chicago ZIP: 60640

Built In: 1900

Lot Size: A

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1275

Unit 2 Floor 2: 2 bedrooms 1 baths $1200

Detailed Listing Description

Andersonville/Bowmanville brick 2 flat with a finished basement features a bright, spacious living room, a formal dining room, an eat in kitchen, and 2 nice size bedrooms. The steps to the basement are enclosed and there is a large yard and a 2 car garage. There are hardwood floors, newer windows, and separate heat. It is a great investment building, a place to raise your family, or an opportunity to create a huge single family home.

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

Comparative Data

Zip Code Comparison: 60640

Listings in this Zip Code average: 2 to 3 units, and are priced at $578,609 to $950,818
This listing is 18% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lincoln Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $619,053 to $787,600
This listing is 23% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $29,700 Monthly $2,475
Rental Income Stabilized : Annual $40,080 Monthly $3,340
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,475$3,340
Year Total$29,700$40,080
Net Operating Income$9,664$20,044
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $5748 $15914 $21662 $1806
Total         $5,748 $15,914 $21,662   $-11,998 $5,748 $-6,250
Stabilized         $5,748 $15,914 $21,662   $-1,618 $5,748 $4,130
Custom         $5748 $15914 $21662   $-1618 $5748 $4130

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Phyllis Smith
Listing Office: Century 21 Affiliated
2835 W Pratt Chicago

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