2 Flat 2639 Emmett Logan Square Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 2639 Emmett Logan Square Chicago IL Mu Inv

City: Chicago ZIP: 60647

Built In: 1903

Lot Size: A

Lot Dimensions: 125X30

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $OWN

Unit 2 Floor 2: 2 bedrooms 1 baths $1300

Detailed Listing Description

GREAT OPPORTUNITY TO OWN PROPERTY IN PRIME LOGAN SQUARE AREA! 2 FLAT WITH FINISHED BASEMENT SITTING ACROSS FROM BLUE LINE TRAIN AND CLOSE TO RESTAURANTS, SHOPPING, NIGHTLIFE, AND MORE. NEW FURNACE, ROOF, PLUMBING, & ELECTRIC. 2 CAR GARAGE PLUS CARPORT.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces1
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 6% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 2% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $37,956 Monthly $3,163
Rental Income Stabilized : Annual $42,564 Monthly $3,547
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$550,0002$275,0003.43%14.490.64%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,163$3,547
Year Total$37,956$42,564
Expense
Total$19,091$19,091
Net Operating Income$18,865$23,473
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6655 $18427 $25082 $2091
Total         $6,655 $18,427 $25,082   $-6,217 $6,655 $438
Stabilized         $6,655 $18,427 $25,082   $-1,609 $6,655 $5,046
Custom         $6655 $18427 $25082   $-1609 $6655 $5046




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1412,5002,0915441,5475441,5472,091
2411,9562,0915461,5451,0903,0924,182
3411,4102,0915481,5431,6394,6346,273
4410,8612,0915501,5412,1896,1758,364
5410,3112,0915521,5392,7417,71410,455
6409,7592,0915541,5373,2969,25012,546
7409,2042,0915561,5353,85210,78514,637
8408,6482,0915591,5324,41112,31716,728
9408,0892,0915611,5304,97113,84818,819
10407,5292,0915631,5285,53415,37620,910
11406,9662,0915651,5266,09916,90223,001
12406,4012,0915671,5246,66618,42625,092
13405,8342,0915691,5227,23519,94827,183

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Listing Agent: Beatris Arroyo
Listing Office: Metropolitan Realty & Development Corp
7009 W Diversey Ave Chicago

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