2 Flat 2245 Drake South Lawndale Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

Find the home or investment property you’ve been looking for!

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









2 Flat 2245 Drake South Lawndale Chicago IL Mu In

City: Chicago ZIP: 60623

Built In: U

Lot Size: A

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 2: 2 bedrooms 1 baths $0

Unit 2 Floor L: 1 bedrooms 1 baths $0

Detailed Listing Description

GREAT INVESTMENT AND OR STARTER HOME. LOCATED NEAR PUBLIC SCHOOLS, STORES, AND RESTAURANTS. 24-HOUR NOTICE. PLEASE TEXT 3125055214 FOR ANY ANY QUESTIONS OR SHOWING REQUESTS.

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 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: 60623

Listings in this Zip Code average: 2 to 3 units, and are priced at $152,017 to $172,200
This listing is 18% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - South Lawndale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $160,576 to $189,327
This listing is 11% 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 $9,917 Monthly $826
Rental Income Stabilized : Annual $12,396 Monthly $1,033
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$179,0002$89,5000.58%18.050.58%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$826$1,033
Year Total$9,917$12,396
Expense
Total$8,883$8,883
Net Operating Income$1,034$3,513
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2166 $5997 $8163 $681
Total         $2,166 $5,997 $8,163   $-7,129 $2,166 $-4,963
Stabilized         $2,166 $5,997 $8,163   $-4,650 $2,166 $-2,484
Custom         $2166 $5997 $8163   $-4650 $2166 $-2484




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1134,250681178503178503681
2134,0726811785033561,0061,362
3133,8946811795025351,5082,043
4133,7156811805017142,0102,724
5133,5366811805018942,5113,405
6133,3566811815001,0753,0114,086
7133,1756811824991,2573,5104,767
8132,9936811824991,4394,0095,448
9132,8116811834981,6224,5076,129
10132,6286811844971,8065,0046,810
11132,4446811844971,9905,5017,491
12132,2606811854962,1755,9978,172
13132,0756811864952,3616,4928,853

Explore Nearby Neighborhoods

Albany ParkNearby Neighborhoods X Plus Real Estate

Albany Park

Portage ParkNearby Neighborhoods X Plus Real Estate

Portage Park

Lincoln ParkNearby Neighborhoods X Plus Real Estate

Lincoln Park

Listing Agent: Eduardo Garcia
Listing Office: Realty of Chicago LLC
1511 S 57th Ave Cicero

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.