2 Flat 7022 Rockwell Chicago Lawn Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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2 Flat 7022 Rockwell Chicago Lawn Chicago IL Mu I

City: Chicago ZIP: 60629

Built In: 1953

Lot Size: K

Lot Dimensions: 30X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $550

Detailed Listing Description

COME AND TAKE A LOOK AT THIS SOLID BRICK TWO UNIT. THE MAIN FLOOR FEATURES A TWO BEDROOM WITH A LARGE KITCHEN/DINNING AREA. THE SECOND FLOOR HAS THE SAME LAYOUT AS THE MAIN FLOOR. FULL UNFINISHED BASEMENT AND WALK UP ATTIC READY FOR YOUR IDEAS. A LITTLE TLC WILL MAKE THIS A GOOD INVESTMENT. CENTRAL HEAT ON BOTH LEVELS. CLOSE TO SCHOOLS, PARKS AND SHOPPING. MAKE YOUR APPOINTMENTS..

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 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 19% 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 0% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $6,600 Monthly $550
Rental Income Stabilized : Annual $23,424 Monthly $1,952
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$149,9002$74,950-2.65%22.711.30%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$550$1,952
Year Total$6,600$23,424
Expense
Total$10,569$10,569
Net Operating Income$-3,969$12,855
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $1814 $5023 $6837 $570
Total         $1,814 $5,023 $6,837   $-10,806 $1,814 $-8,992
Stabilized         $1,814 $5,023 $6,837   $6,018 $1,814 $7,832
Custom         $1814 $5023 $6837   $6018 $1814 $7832




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1112,425570148422148422570
2112,2775701494212978431,140
3112,1285701504204471,2631,710
4111,9785701504205971,6832,280
5111,8285701514197482,1022,850
6111,6775701514198992,5213,420
7111,5265701524181,0512,9393,990
8111,3745701524181,2033,3574,560
9111,2225701534171,3563,7745,130
10111,0695701534171,5094,1915,700
11110,9165701544161,6634,6076,270
12110,7625701554151,8185,0226,840
13110,6075701554151,9735,4377,410

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

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