2 Flat 1315 Lockwood Austin Chicago IL Mu Investm| Chicago Property Listings – X Plus Real Estate

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2 Flat 1315 Lockwood Austin Chicago IL Mu Investm

City: Chicago ZIP: 60651

Built In: 1922

Lot Size: A

Lot Dimensions: 3840

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $1400

Unit 2 Floor 2: 3 bedrooms 1 baths $1000

Gross Income $25,200

Net Op. Income $19,853

Detailed Listing Description

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
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60651

Listings in this Zip Code average: 2 to 3 units, and are priced at $193,400 to $245,557
This listing is 27% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Austin

Listings in this Neighborhood average: 2 to 3 units, with average prices of $173,150 to $193,648
This listing is 41% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $28,800 Monthly $2,400
Rental Income Stabilized : Annual $31,656 Monthly $2,638
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$245,0002$122,5005.61%8.511.08%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,400$2,638
Year Total$28,800$31,656
Expense
Total$15,046$15,046
Net Operating Income$13,754$16,610
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2965 $8209 $11174 $932
Total         $2,965 $8,209 $11,174   $2,580 $2,965 $5,545
Stabilized         $2,965 $8,209 $11,174   $5,436 $2,965 $8,401
Custom         $2965 $8209 $11174   $5436 $2965 $8401




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1183,750932243689243689932
2183,5079322446884871,3771,864
3183,2639322456877322,0642,796
4183,0189322466869772,7513,728
5182,7739322476851,2243,4364,660
6182,5269322486841,4714,1215,592
7182,2799322486841,7204,8046,524
8182,0309322496831,9695,4877,456
9181,7819322506822,2206,1688,388
10181,5309322516812,4716,8499,320
11181,2799322526802,7237,52910,252
12181,0279322536792,9768,20811,184
13180,7749322546783,2308,88612,116

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Listing Agent: Jerrell Dantzler
Listing Office: Real People Realty Inc
7814 South Wolcott Ave Chicago

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