2 Flat 2738 Potomac West Town Chicago IL Mu Inves| Chicago Property Listings – X Plus Real Estate

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2 Flat 2738 Potomac West Town Chicago IL Mu Inves

City: Chicago ZIP: 60622

Built In: 1900

Lot Size: A

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $NONE

Unit 2 Floor 2: 3 bedrooms 1 baths $NONE

Detailed Listing Description

Don't miss this opportunity to own a 2-unit greystone in prime Humboldt Park location. Spacious 3 bedroom/1 bath units. Full unfinished basement. Fenced yard. Two car garage. Building needs renovation. Estate sale. Sold as is. Great potential.

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 1O
  • Appliances Unit 2O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 25% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 33% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $18,444 Monthly $1,537
Rental Income Stabilized : Annual $44,376 Monthly $3,698
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$400,0002$200,0000.03%21.690.92%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,537$3,698
Year Total$18,444$44,376
Expense
Total$18,343$18,343
Net Operating Income$101$26,033
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4840 $13401 $18241 $1521
Total         $4,840 $13,401 $18,241   $-18,140 $4,840 $-13,300
Stabilized         $4,840 $13,401 $18,241   $7,792 $4,840 $12,632
Custom         $4840 $13401 $18241   $7792 $4840 $12632




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1300,0001,5213961,1253961,1251,521
2299,6041,5213971,1247932,2493,042
3299,2071,5213991,1221,1923,3714,563
4298,8081,5214001,1211,5934,4916,084
5298,4071,5214021,1191,9955,6107,605
6298,0051,5214031,1182,3986,7289,126
7297,6021,5214051,1162,8037,84410,647
8297,1971,5214071,1143,2108,95812,168
9296,7901,5214081,1133,61810,07113,689
10296,3821,5214101,1114,02711,18315,210
11295,9731,5214111,1104,43912,29216,731
12295,5611,5214131,1084,85113,40118,252
13295,1491,5214141,1075,26514,50819,773

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Listing Agent: Jeff Baker
Listing Office: @properties
21 E Burlington St Riverside

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