4 Flat 1256 49th New City Chicago IL Mu Investmen| Chicago Property Listings – X Plus Real Estate

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4 Flat 1256 49th New City Chicago IL Mu Investmen

City: Chicago ZIP: 60609

Built In: 1922

Lot Size: L

Lot Dimensions: 33 X 133

Lot Description: H,Q

# of Units: 4

Unit 1 Floor 1: 1 bedrooms 1 baths $0

Unit 2 Floor 1: 2 bedrooms 1 baths $0

Unit 3 Floor 2: 2 bedrooms 1 baths $0

Unit 4 Floor 2: 4 bedrooms 1 baths $1200

Detailed Listing Description

Solid Brick 4 apartment building. 3 apartments have 2 bedroom and 1 apartment has 1 bedroom. Attic is finished and has an additional 2 bedrooms and bath and is rented to second rear tenant as a Duplex 4 beds and 2 baths for 1200 per month. Property was remodeled completely several years ago with All New electrical, copper plumbing, All 4 units have their own seperate forced air central heat, Vinyl windows, refinished hardwood floors. Property is also across Throop Playground. Call or txt to schedule a showing.

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
  • Tenant Pays Unit 3B,C,D
  • Tenant Pays Unit 4B,C,D
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • Appliances Unit 4A,B,C,D
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60609

Listings in this Zip Code average: 2 to 3 units, and are priced at $147,041 to $206,345
This listing is 78% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - New City

Listings in this Neighborhood average: 2 to 3 units, with average prices of $124,267 to $138,421
This listing is 86% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $14,400 Monthly $1,200
Rental Income Stabilized : Annual $51,816 Monthly $4,318
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$300,0004$75,000-2.25%20.831.44%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,200$4,318
Year Total$14,400$51,816
Expense
Total$21,144$21,144
Net Operating Income$-6,744$30,672
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3630 $10051 $13681 $1141
Total         $3,630 $10,051 $13,681   $-20,425 $3,630 $-16,795
Stabilized         $3,630 $10,051 $13,681   $16,991 $3,630 $20,621
Custom         $3630 $10051 $13681   $16991 $3630 $20621




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1225,0001,1412978442978441,141
2224,7031,1412988435961,6862,282
3224,4041,1412998428952,5283,423
4224,1051,1413018401,1963,3684,564
5223,8041,1413028391,4974,2085,705
6223,5031,1413038381,8005,0466,846
7223,2001,1413048372,1045,8837,987
8222,8961,1413058362,4096,7199,128
9222,5911,1413068352,7167,55310,269
10222,2841,1413078343,0238,38711,410
11221,9771,1413098323,3329,21912,551
12221,6681,1413108313,64110,05113,692
13221,3591,1413118303,95210,88114,833

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Listing Agent: Roberto Almazan
Listing Office: Su Familia Real Estate Inc
4859 S Ada Chicago

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