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Price: $277,000

MLS #: 10614656

Status: Active

2 Flat 3837 Huron Humboldt Park Chicago IL Mu Inv

City: Chicago ZIP: 60624

Built In: U

Lot Size: A

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1000

Unit 2 Floor 2: 3 bedrooms 1 baths $1100

Investors
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Previous Listing

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Detailed Listing Description

SPECTACULAR BRICK 2 FLAT BUILDING. 1ST. FLOOR HAS LIVING, DINING, KITCHEN AND 2 BEDROOMS. 2ND. FLOOR HAS LIVING, DINING KITCHEN AND 3 BEDROOMS WITH ADDITIONAL ENCLOSED PORCH AND OPEN FULL BASEMENT. FRONT IRON FENCE. SEPARATE UTILITIES. SOLD AS IS. EXCELLENT FOR EXTENDED FAMILY OR SAVVY INVESTOR OPPORTUNITY. SELLER IS WILLING TO HELP WITH CLOSING COST.

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Map

Property Details

Additional Property Details

Garage & Parking

ParkingS
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 1E
Appliances Unit 2E

Schools

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 113% 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 23% more than other 2 unit listings in this neighborhood.

Investors

Calculated Rents
Rental Income : Annual $25,200 Monthly $2,100
Rental Income Stabilized : Annual $25,140 Monthly $2,095

Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized

$277,0002$138,5003.79%10.990.76%

Income

Unit TypeCurrent RateStabilized RateCustom Rate

Unit 1 :: Beds 2 Baths 1 Floor 1Tenant Pays:B,C,D

Unit 2 :: Beds 3 Baths 1 Floor 2Tenant Pays:B,C,D

Monthly Total$2,100$2,095

Year Total$25,200$25,140

Expense

Total$14,694$14,694

Net Operating Income$10,506$10,446

Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return

Down

Mortgage $3352 $9281 $12633 $1053

Total $3,352 $9,281 $12,633 $-2,127 $3,352 $1,225

Stabilized $3,352 $9,281 $12,633 $-2,187 $3,352 $1,165

Custom $3352 $9281 $12633 $-2187 $3352 $1165

Month	Balance	Payment	Principal	Interest	Equity	Total Interest	Total Payments
1	207,750	1,053	274	779	274	779	1,053
2	207,476	1,053	275	778	549	1,557	2,106
3	207,201	1,053	276	777	825	2,334	3,159
4	206,925	1,053	277	776	1,102	3,110	4,212
5	206,648	1,053	278	775	1,380	3,885	5,265
6	206,370	1,053	279	774	1,659	4,659	6,318
7	206,091	1,053	280	773	1,939	5,432	7,371
8	205,811	1,053	281	772	2,220	6,204	8,424
9	205,530	1,053	282	771	2,503	6,974	9,477
10	205,247	1,053	283	770	2,786	7,744	10,530
11	204,964	1,053	284	769	3,070	8,513	11,583
12	204,680	1,053	285	768	3,356	9,280	12,636
13	204,394	1,053	287	766	3,642	10,047	13,689

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Listing Agent: Fabian Morales
Listing Office: Chicago Homes Real Estate Corp
2711 N 74th Ct Elmwood Park

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