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
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
  • Appliances Unit 1O
  • Appliances Unit 2O
  • 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
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$80$100
Year Total$960$1,200
Net Operating Income$-11,214$-10,974
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
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

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

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