4 Flat 12021 Eggleston West Pullman Chicago IL Mu| Chicago Property Listings – X Plus Real Estate

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4 Flat 12021 Eggleston West Pullman Chicago IL Mu

City: Chicago ZIP: 60628

Built In: 1902

Lot Size: A

Lot Dimensions: 6150 S. F.

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor 3: 2 bedrooms 1 baths $0

Unit 4 Floor 4: 2 bedrooms 1 baths $0

Detailed Listing Description

Brick 4 unit building needs a full renovation. Great Investment Opportunity...each unit has 4 rooms, 2 bdrms & 1 bath. Each unit has separate heat & electric. Building needs gut rehab. Being sold in "as-is" condition. No disclosures, No survey. There is currently a shortage of 4 unit properties for sale! Here is your opportunity to renovate and cash flow. After rehab value over $300K. We have after rehab value appraisal. You can buy, rehab and sale or buy rehab and cash flow!!! Totally up to you!!!

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
  • Tenant Pays Unit 4B,C
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Appliances Unit 3O
  • Appliances Unit 4O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60628

Listings in this Zip Code average: 2 to 3 units, and are priced at $83,672 to $121,583
This listing is 34% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Pullman

Listings in this Neighborhood average: 2 to 3 units, with average prices of $71,833 to $92,225
This listing is 46% more than other 4 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 $2,690 Monthly $224
Rental Income Stabilized : Annual $3,363 Monthly $280
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$69,0004$17,250-24.26%25.654.87%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$224$280
Year Total$2,690$3,363
Expense
Total$19,429$19,429
Net Operating Income$-16,739$-16,066
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $835 $2312 $3147 $263
Total         $835 $2,312 $3,147   $-19,886 $835 $-19,051
Stabilized         $835 $2,312 $3,147   $-19,213 $835 $-18,378
Custom         $835 $2312 $3147   $-19213 $835 $-18378




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
151,7502636919469194263
251,68126369194138388526
351,61226369194208581789
451,542263701932777751,052
551,473263701933479681,315
651,403263701934181,1601,578
751,332263711924881,3531,841
851,262263711925591,5452,104
951,191263711926301,7372,367
1051,120263711927011,9292,630
1151,049263721917732,1202,893
1250,977263721918452,3113,156
1350,905263721919172,5023,419

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Listing Agent: David Thomas
Listing Office: Dream Spots Leasing Inc
1448 E 52nd St #337 Chicago

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