2 Flat 1444 51st Cicero IL Mu Investment Waterfro| Chicago Property Listings – X Plus Real Estate

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2 Flat 1444 51st Cicero IL Mu Investment Waterfro

City: Cicero ZIP: 60804

Built In: 1912

Lot Size: A

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $OWNE

Unit 2 Floor 2: 3 bedrooms 1 baths $800

Gross Income $9,600

Detailed Listing Description

2 units adjacent, needs work, large garage, sold AS-IS

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 1A
  • Tenant Pays Unit 2A
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Grade School District99
  • Jr High/Middle School District99
  • High SchoolJ Sterling Morton East High Scho
  • High School District201

Comparative Data

Zip Code Comparison: 60804

Listings in this Zip Code average: 2 to 3 units, and are priced at $179,525 to $251,900
This listing is 23% more than other 2 unit listings in this zipcode.

Calculated Rents
Rental Income : Annual $19,920 Monthly $1,660
Rental Income Stabilized : Annual $9,600 Monthly $800
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,660$800
Year Total$19,920$9,600
Net Operating Income$9,162$-1,158
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $2662 $7371 $10033 $837
Total         $2,662 $7,371 $10,033   $-871 $2,662 $1,791
Stabilized         $2,662 $7,371 $10,033   $-11,191 $2,662 $-8,529
Custom         $2662 $7371 $10033   $-11191 $2662 $-8529

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Ruben Martin
Listing Office: St Joseph's Real Estate LLC
2935 N. Lawndale Chicago

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