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
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • 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
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$700$2,425
Year Total$8,400$29,100
Net Operating Income$-1,389$19,311
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
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

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

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