2 Flat 739 Hamlin Humboldt Park Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 739 Hamlin Humboldt Park Chicago IL Mu Inv

City: Chicago ZIP: 60624

Built In: 1926

Lot Size: L

Lot Dimensions: 25 X 125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $850

Unit 2 Floor 2: 3 bedrooms 1 baths $VAC

Detailed Listing Description

This is a great opportunity to live in one unit and lease the 2nd unit. Both spacious units offer plenty of natural sunlight throughout. Large living room and formal dining room in each unit. Separate untilities. The basement is unfinished and has its own gas meter. Basement also has front and rear access with a full bathroom- great for expansion. The fenced in yard has a 2 car parking pad. Nice investment property but client requests that it be sold as is.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60624

Listings in this Zip Code average: 2 to 3 units, and are priced at $130,267 to $183,760
This listing is 100% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Humboldt Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
This listing is 16% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $23,400 Monthly $1,950
Rental Income Stabilized : Annual $29,340 Monthly $2,445
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,950$2,445
Year Total$23,400$29,340
Net Operating Income$13,247$19,187
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $3146 $8711 $11857 $989
Total         $3,146 $8,711 $11,857   $1,390 $3,146 $4,536
Stabilized         $3,146 $8,711 $11,857   $7,330 $3,146 $10,476
Custom         $3146 $8711 $11857   $7330 $3146 $10476

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Juan Cano
Listing Office: Metropolitan Realty & Development Corp
2848 W. McLean Chicago

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