3 Flat 2842 Campbell Avondale Chicago IL Mu Inves| Chicago Property Listings – X Plus Real Estate

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3 Flat 2842 Campbell Avondale Chicago IL Mu Inves

City: Chicago ZIP: 60618

Built In: 1892

Lot Size: A

Lot Dimensions: 25 X 125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $1000

Unit 2 Floor 2: 3 bedrooms 1 baths $1000

Unit 3 Floor 1: 1 bedrooms 1 baths $700

Detailed Listing Description

Great Location! Sold as is. Needs new roof. Owner represents that this bldg is a legal non-conforming 3 unit. 2nd floor unit has been rented by bedrooms with shared kitchen and bath. at $650 per bedroom. Building needs some tlc.

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
  • Tenant Pays Unit 3A
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
Schools
  • Grade School District219
  • Jr High/Middle School District219
  • High School District219

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 38% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 26% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $32,400 Monthly $2,700
Rental Income Stabilized : Annual $53,052 Monthly $4,421
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$364,9003$121,6334.48%11.261.21%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,700$4,421
Year Total$32,400$53,052
Expense
Total$16,064$16,064
Net Operating Income$16,336$36,988
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4415 $12226 $16641 $1387
Total         $4,415 $12,226 $16,641   $-305 $4,415 $4,110
Stabilized         $4,415 $12,226 $16,641   $20,347 $4,415 $24,762
Custom         $4415 $12226 $16641   $20347 $4415 $24762




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1273,6751,3873611,0263611,0261,387
2273,3141,3873621,0257232,0512,774
3272,9521,3873631,0241,0863,0754,161
4272,5891,3873651,0221,4514,0975,548
5272,2241,3873661,0211,8175,1186,935
6271,8581,3873681,0192,1856,1378,322
7271,4901,3873691,0182,5547,1559,709
8271,1211,3873701,0172,9248,17211,096
9270,7511,3873721,0153,2969,18712,483
10270,3791,3873731,0143,66910,20113,870
11270,0061,3873741,0134,04311,21415,257
12269,6321,3873761,0114,41912,22516,644
13269,2561,3873771,0104,79613,23518,031

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Listing Agent: Sam Assil
Listing Office: HomeSmart Realty Group
2842 North Campbell Avenue Chicago

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