2 Flat 1525 Roscoe Lake View Chicago IL Mu Invest| Chicago Property Listings – X Plus Real Estate

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2 Flat 1525 Roscoe Lake View Chicago IL Mu Invest

City: Chicago ZIP: 60657

Built In: 1886

Lot Size: A

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $1750

Unit 2 Floor 2: 3 bedrooms 1 baths $1850

Detailed Listing Description

Opportunities await in this excellent location close to everything. Something for everyone. Great for investor/rehabber/developer. It currently stands as a frame building with two income producing units, fenced yard and a two car garage. (Update units, increase rents.) Great for live in owner. Live in one unit leaving the other as a rental. Or convert to a single family home. Or as a tear down starting from scratch. Standard lot size zoned R3.5. Near transportation, restaurants, Whole Foods and so much more. Not on the el.

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 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Appliances Unit 1A,B,E,F,J,S
  • Appliances Unit 2A,B,E,F,J,S
  • Grade SchoolHamilton Elementary School
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolLake View High School
  • High School District299

Comparative Data

Zip Code Comparison: 60657

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,088,824 to $1,836,727
This listing is 14% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lake View

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,039,522 to $1,694,786
This listing is 15% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $43,200 Monthly $3,600
Rental Income Stabilized : Annual $55,380 Monthly $4,615
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,600$4,615
Year Total$43,200$55,380
Net Operating Income$17,623$29,803
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $9063 $25094 $34157 $2847
Total         $9,063 $25,094 $34,157   $-16,534 $9,063 $-7,471
Stabilized         $9,063 $25,094 $34,157   $-4,354 $9,063 $4,709
Custom         $9063 $25094 $34157   $-4354 $9063 $4709

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Stephanie Guerrero
Listing Office: @properties
2428 West Haddon Chicago

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