3 Flat 3710 Diversey Avondale Chicago IL Mu Inves| Chicago Property Listings – X Plus Real Estate

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3 Flat 3710 Diversey Avondale Chicago IL Mu Inves

City: Chicago ZIP: 60647

Built In: 1896

Lot Size: A

Lot Dimensions: 25X125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $500

Unit 2 Floor 2: 2 bedrooms 1 baths $700

Unit 3 Floor G: 2 bedrooms 1 baths $650

Detailed Listing Description

Great location with a ton of New Construction around! This 2 FLAT building in Logan Square has huge upside potential, will need some work. Two units with an additional finished basement and attic, great opportunity to duplex either unit/s up and/or down or leave as is. Long term tenants, currently month to month. Property being sold "as is". SCHEDULE YOUR SHOWING TODAY, BEFORE THIS ONES GONE!

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 1O
  • Appliances Unit 2O
  • Appliances Unit 3O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 44% 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 29% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $22,200 Monthly $1,850
Rental Income Stabilized : Annual $58,836 Monthly $4,903
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$350,0003$116,6671.70%15.771.40%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,850$4,903
Year Total$22,200$58,836
Expense
Total$16,267$16,267
Net Operating Income$5,933$42,569
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $4235 $11726 $15961 $1331
Total         $4,235 $11,726 $15,961   $-10,028 $4,235 $-5,793
Stabilized         $4,235 $11,726 $15,961   $26,608 $4,235 $30,843
Custom         $4235 $11726 $15961   $26608 $4235 $30843




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1262,5001,3313479843479841,331
2262,1531,3313489836951,9672,662
3261,8051,3313499821,0442,9493,993
4261,4561,3313519801,3943,9305,324
5261,1061,3313529791,7464,9096,655
6260,7541,3313539782,0995,8877,986
7260,4011,3313549772,4546,8639,317
8260,0461,3313569752,8107,83810,648
9259,6901,3313579743,1678,81211,979
10259,3331,3313599723,5259,78513,310
11258,9751,3313609713,88510,75614,641
12258,6151,3313619704,24611,72615,972
13258,2541,3313639684,60912,69417,303

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Listing Agent: Ioannis Floros
Listing Office: Fulton Grace Realty
2546 Stratford Ave Westchester

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