2 Flat 6830 Talman Chicago Lawn Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 6830 Talman Chicago Lawn Chicago IL Mu Inv

City: Chicago ZIP: 60629

Built In: 1925

Lot Size: A

Lot Dimensions: 3780

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

SPACIOUS BRICK 2 UNIT BUILDING WITH A TON OF POTENTIAL / 3 BEDROOMS IN EACH UNIT / SEPARATE UTILITIES / FULL FINISHED BASEMENT AND 2 CAR GARAGE / BEING SOLD IN AS IS CONDITION / TAXES ARE PRORATED AT 100% / EARNEST MONEY MUST BE CERTIFIED FUNDS / PLEASE SEE AGENT REMARKS FOR OFFER SUBMISSION INSTRUCTIONS

Additional Property Details

Garage & Parking
  • Gargage DetailsN
  • 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 1O
  • Appliances Unit 2O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60629

Listings in this Zip Code average: 3 to 4 units, and are priced at $238,741 to $237,075
This listing is 2% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Chicago Lawn

Listings in this Neighborhood average: 3 to 4 units, with average prices of $217,300 to $237,075
This listing is 20% 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 $23,990 Monthly $1,999
Rental Income Stabilized : Annual $29,988 Monthly $2,499
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$179,9002$89,9507.37%7.501.39%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,999$2,499
Year Total$23,990$29,988
Expense
Total$10,724$10,724
Net Operating Income$13,266$19,264
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2177 $6028 $8205 $684
Total         $2,177 $6,028 $8,205   $5,061 $2,177 $7,238
Stabilized         $2,177 $6,028 $8,205   $11,059 $2,177 $13,236
Custom         $2177 $6028 $8205   $11059 $2177 $13236




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1134,925684178506178506684
2134,7476841795053571,0111,368
3134,5686841795055361,5162,052
4134,3896841805047162,0202,736
5134,2096841815038972,5233,420
6134,0286841815031,0783,0264,104
7133,8476841825021,2603,5284,788
8133,6656841835011,4434,0295,472
9133,4826841835011,6274,5296,156
10133,2986841845001,8115,0296,840
11133,1146841854991,9955,5297,524
12132,9306841864982,1816,0278,208
13132,7446841864982,3676,5258,892

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Listing Agent: Michael Olszewski
Listing Office: Area Wide Realty
94 JEFFERSON LN STREAMWOOD

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