2 Flat 1916 Harding North Lawndale Chicago IL Mu| Chicago Property Listings – X Plus Real Estate

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2 Flat 1916 Harding North Lawndale Chicago IL Mu

City: Chicago ZIP: 60623

Built In: 1920

Lot Size: K

Lot Dimensions: 32X129

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

ATTENTION ALL SAVVY INVESTORS... THIS IS YOUR OPPORTUNITY. THIS TWO UNIT BRICK WITH A BASEMENT IS READY FOR YOUR CREATIVE IDEAS. GREAT LOCATION. EXCELLENT OPPORTUNITY WITH LITTLE WORK TO DO. EXCELLENT LOCATION, CLOSE TO SHOPPING AND MASS TRANSIT

Additional Property Details

Garage & Parking
  • ParkingN
  • 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: 60623

Listings in this Zip Code average: 2 to 3 units, and are priced at $152,017 to $172,200
This listing is 34% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - North Lawndale

Listings in this Neighborhood average: 3 to 4 units, with average prices of $179,950 to $259,170
This listing is 19% 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 $1,657 Monthly $138
Rental Income Stabilized : Annual $2,071 Monthly $173
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$99,9002$49,950-9.28%60.302.07%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$138$173
Year Total$1,657$2,071
Expense
Total$10,927$10,927
Net Operating Income$-9,270$-8,856
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $1209 $3347 $4556 $380
Total         $1,209 $3,347 $4,556   $-13,826 $1,209 $-12,617
Stabilized         $1,209 $3,347 $4,556   $-13,412 $1,209 $-12,203
Custom         $1209 $3347 $4556   $-13412 $1209 $-12203




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
174,9253809928199281380
274,82638099281198562760
374,7273801002802988421,140
474,6273801002803981,1221,520
574,5273801012794991,4011,900
674,4263801012796001,6802,280
774,3253801012797011,9592,660
874,2243801022788032,2373,040
974,1223801022789052,5153,420
1074,0203801022781,0072,7933,800
1173,9183801032771,1103,0704,180
1273,8153801032771,2133,3474,560
1373,7123801042761,3173,6234,940

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Listing Agent: Leopoldo Saucedo
Listing Office: Citywide Realty LLC
4949 S. Hoyne Ave Chicago

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