2 Flat 7053 Eberhart Greater Grand Crossing Chica| Chicago Property Listings – X Plus Real Estate

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2 Flat 7053 Eberhart Greater Grand Crossing Chica

City: Chicago ZIP: 60637

Built In: 1900

Lot Size: K

Lot Dimensions: 30X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $700

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Solid brick 2 flat with just updated 2nd floor 3 bedroom unit with new bath, kitchen with stainless steel appliances and refinished floors. First floor 2 bedroom unit in good condition with lots of closets and was updated a few years ago. Individual heat, enclosed back porch, parking pad for 2 cars and all systems in good condition. Great price for investor or owner occupant. Property is being sold as-is conventional or cash.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
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: 60637

Listings in this Zip Code average: 3 to 4 units, and are priced at $206,769 to $289,938
This listing is 10% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Greater Grand Crossing

Listings in this Neighborhood average: 3 to 4 units, with average prices of $168,817 to $215,146
This listing is 23% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $8,400 Monthly $700
Rental Income Stabilized : Annual $29,100 Monthly $2,425
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$139,9002$69,950-0.99%16.651.73%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$700$2,425
Year Total$8,400$29,100
Expense
Total$9,789$9,789
Net Operating Income$-1,389$19,311
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $1693 $4687 $6380 $532
Total         $1,693 $4,687 $6,380   $-7,769 $1,693 $-6,076
Stabilized         $1,693 $4,687 $6,380   $12,931 $1,693 $14,624
Custom         $1693 $4687 $6380   $12931 $1693 $14624




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1104,925532139393139393532
2104,7865321393932787861,064
3104,6475321403924171,1791,596
4104,5085321403925571,5712,128
5104,3685321413916981,9622,660
6104,2275321413918392,3533,192
7104,0865321423909812,7433,724
8103,9445321423901,1233,1334,256
9103,8025321433891,2663,5224,788
10103,6595321433891,4093,9115,320
11103,5165321443881,5534,2995,852
12103,3725321443881,6974,6876,384
13103,2285321453871,8425,0746,916

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Listing Agent: Ronald Miller
Listing Office: Ron Miller & Associates, Inc.
6858 S Oglesby Unit #1 Chicago

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