2 Flat 4945 Byron Portage Park Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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2 Flat 4945 Byron Portage Park Chicago IL Mu Inve

City: Chicago ZIP: 60641

Built In: 1911

Lot Size: A

Lot Dimensions: 3690

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 1: 2 bedrooms 1 baths $0

Detailed Listing Description

Great opportunity on this Multi-Family home with detached 2 car garage. It offers approximately 1,994 square feet of living space with 4 bedrooms and 2 bathrooms. Good floor plan. Basement for extra storage. Built in 1911 this home may require some enhancements and upgrades but worth taking a look at.

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 1J
  • Tenant Pays Unit 2J
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units, and are priced at $374,501 to $433,229
This listing is 39% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 36% 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 $22,810 Monthly $1,901
Rental Income Stabilized : Annual $28,512 Monthly $2,376
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,901$2,376
Year Total$22,810$28,512
Net Operating Income$6,698$12,400
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $2742 $7592 $10334 $862
Total         $2,742 $7,592 $10,334   $-3,636 $2,742 $-894
Stabilized         $2,742 $7,592 $10,334   $2,066 $2,742 $4,808
Custom         $2742 $7592 $10334   $2066 $2742 $4808

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Val Laborevitch
Listing Office: Owners.com
117 Annapolis drive Vernon hills

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