2 Flat 7942 Evans Chatham Chicago IL Mu Investmen| Chicago Property Listings – X Plus Real Estate

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2 Flat 7942 Evans Chatham Chicago IL Mu Investmen

City: Chicago ZIP: 60619

Built In: 1919

Lot Size: A

Lot Dimensions: 30X125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $1100

Unit 2 Floor 2: 3 bedrooms 1 baths $VAC

Detailed Listing Description

Chatham Neighborhood 2 Flat Multi-Family Building. Great for Owner Occupant or Investor. Ready for You to Move In or Start Collecting Rent!! Units have 3 Bedrooms, Spacious Living Room, Dining Room, Hardwood Flooring and Bonus Back Room within Master Bedroom. 2nd Floor Unit includes a Half Bath in the Master Bedroom. Full Basement that can be Finished as the 3rd Unit, Large Yard for Entertaining, and 2 Car Garage. Schedule a Private Viewing. Property is Being SOLD AS IS. Close to Interstate, Commuter Bus, Train, and Shopping. Seller Motivated!!

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

Comparative Data

Zip Code Comparison: 60619

Listings in this Zip Code average: 3 to 4 units, and are priced at $181,739 to $178,992
This listing is 65% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Chatham

Listings in this Neighborhood average: 5 to 6 units, with average prices of $0 to $284,309
This listing is 52% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $25,176 Monthly $2,098
Rental Income Stabilized : Annual $26,724 Monthly $2,227
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$199,9992$100,0005.98%7.941.11%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,098$2,227
Year Total$25,176$26,724
Expense
Total$13,213$13,213
Net Operating Income$11,963$13,511
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2420 $6701 $9121 $761
Total         $2,420 $6,701 $9,121   $2,842 $2,420 $5,262
Stabilized         $2,420 $6,701 $9,121   $4,390 $2,420 $6,810
Custom         $2420 $6701 $9121   $4390 $2420 $6810




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1150,000761199563199563761
2149,8027611995623981,1241,522
3149,6027612005615981,6852,283
4149,4027612015607982,2463,044
5149,2027612015601,0002,8053,805
6149,0007612025591,2023,3644,566
7148,7987612035581,4053,9225,327
8148,5957612045571,6094,4796,088
9148,3917612055561,8145,0356,849
10148,1867612055562,0195,5917,610
11147,9817612065552,2256,1468,371
12147,7757612075542,4326,7009,132
13147,5687612085532,6397,2549,893

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Listing Agent: Shannon Welch
Listing Office: Keller Williams Elite
3011 183rd St Homewood

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