2 Flat 7228 Emerald Englewood Chicago IL Mu| Chicago Property Listings – X Plus Real Estate

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2 Flat 7228 Emerald Englewood Chicago IL Mu

City: Chicago ZIP: 60621

Built In: 1910

Lot Size: B

Lot Dimensions: 4340

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Amazing opportunity!! Unlimited amount of potential and astounding value! This brick, two unit, sturdy building features six spacious bedrooms, two bathrooms, full basement, two car detached garage, huge back yard and more!! The property is close to all accommodations- Parks, transportation, dining and so much more! This is your chance to own a property with serious income potential. Rent one unit, live in the other or rent both and watch your equity soar! What are you waiting for? Hurry schedule your showing today.

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

Comparative Data

Zip Code Comparison: 60621

Listings in this Zip Code average: 3 to 4 units, and are priced at $166,877 to $161,799
This listing is 45% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Englewood

Listings in this Neighborhood average: 2 to 3 units, with average prices of $90,027 to $151,294
This listing is 46% more than other 2 unit listings in this neighborhood.

This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

Calculated Rents
Rental Income : Annual $960 Monthly $80
Rental Income Stabilized : Annual $1,200 Monthly $100
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$48,9002$24,450-22.93%50.942.45%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$80$100
Year Total$960$1,200
Expense
Total$12,174$12,174
Net Operating Income$-11,214$-10,974
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $592 $1639 $2231 $186
Total         $592 $1,639 $2,231   $-13,445 $592 $-12,853
Stabilized         $592 $1,639 $2,231   $-13,205 $592 $-12,613
Custom         $592 $1639 $2231   $-13205 $592 $-12613




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
136,6751864813848138186
236,6271864913797275372
336,57818649137146412558
436,52918649137195549744
536,48018649137244686930
636,431186491372948221,116
736,381186501363439591,302
836,332186501363931,0951,488
936,282186501364431,2311,674
1036,232186501364931,3671,860
1136,182186501365431,5032,046
1236,132186511355941,6382,232
1336,081186511356441,7742,418

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Listing Agent: Angel Aguilar
Listing Office: RE/MAX Fidelity
2137 N Cicero Ave. Chicago

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