2 Flat 2050 Humboldt Logan Square Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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2 Flat 2050 Humboldt Logan Square Chicago IL Mu I

City: Chicago ZIP: 60647

Built In: 1910

Lot Size: A

Lot Dimensions: 48X150

# of Units: 2

Unit 1 Floor 1: 4 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 2 baths $0

Detailed Listing Description

Opportunity to own a landmark on Humboldt Blvd, easy walking distance to Armitage restaurant row, beautiful Palmer Sq and California Blue Line station. Huge 2-flat with original stained glass. New professional landscaping, roof, fresh tuck-pointing, re-built garage and side driveway with additional parking all on an enormous more than double lot. Could be retained as a two-flat or converted to one-of-a-kind single family.

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

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 122% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 114% 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 $26,016 Monthly $2,168
Rental Income Stabilized : Annual $32,520 Monthly $2,710
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,168$2,710
Year Total$26,016$32,520
Net Operating Income$1,893$8,397
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $13915 $38528 $52443 $4371
Total         $13,915 $38,528 $52,443   $-50,550 $13,915 $-36,635
Stabilized         $13,915 $38,528 $52,443   $-44,046 $13,915 $-30,131
Custom         $13915 $38528 $52443   $-44046 $13915 $-30131

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Stephen Schneider
Listing Office: Urban Real Estate
2935 W. Logan Blvd Chicago

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