2 Flat 2337 Cortez West Town Chicago IL Mu Invest| Chicago Property Listings – X Plus Real Estate

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2 Flat 2337 Cortez West Town Chicago IL Mu Invest

City: Chicago ZIP: 60622

Built In: U

Lot Size: L

Lot Dimensions: 33X125

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $1875

Unit 2 Floor 2: 3 bedrooms 1 baths $1950

Detailed Listing Description

WOW!! Amazing Brick 2 Flat on an extra wide lot!! Great Chicago location! Historical Ukrainian Village! close to Division Street in the heart of Wicker Park! Come and Cash flow right away!! Super large units apx 1300sq! Perfect for Investment or families! Huge Units, Features 3bedrooms and 1 baths, great living area, large kitchen, beautiful living & dining room.full basement.All tenants pays their own gas and electric! Home has been well kept ! Make this your dream home! So much potential!! Solid structure! All up to code ! Newer Boilers, Electric, Windows, Roof, Tuck point, Water heaters, Concrete, Plumbing !! Nice finished hardwood floors, plenty of storage and much more! Admire that amazing yard with 3 car garage !!!!! Close to all-shopping, schools,parks!!!! Come & see this one! Hurry it won't last!!! You're going to love it!!! Bring an OFFER

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces3
  • ParkingG,S
  • Number of Parking Spaces3
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 40% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 25% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $45,900 Monthly $3,825
Rental Income Stabilized : Annual $44,376 Monthly $3,698
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$749,5002$374,7502.95%16.330.49%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,825$3,698
Year Total$45,900$44,376
Expense
Total$23,773$23,773
Net Operating Income$22,127$20,603
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9069 $25111 $34180 $2849
Total         $9,069 $25,111 $34,180   $-12,053 $9,069 $-2,984
Stabilized         $9,069 $25,111 $34,180   $-13,577 $9,069 $-4,508
Custom         $9069 $25111 $34180   $-13577 $9069 $-4508




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1562,1252,8497412,1087412,1082,849
2561,3842,8497442,1051,4854,2135,698
3560,6402,8497472,1022,2316,3168,547
4559,8942,8497492,1002,9818,41511,396
5559,1442,8497522,0973,73310,51214,245
6558,3922,8497552,0944,48812,60617,094
7557,6372,8497582,0915,24614,69719,943
8556,8792,8497612,0886,00716,78522,792
9556,1182,8497642,0856,77018,87125,641
10555,3552,8497662,0837,53720,95328,490
11554,5882,8497692,0808,30623,03331,339
12553,8192,8497722,0779,07825,11034,188
13553,0472,8497752,0749,85327,18437,037

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Listing Agent: Gregorio Cirone
Listing Office: Interdome Realty
2316 73rd Ct Elmwood Park

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