2 Flat 1736 Irving Park Lake View Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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2 Flat 1736 Irving Park Lake View Chicago IL Mu I

City: Chicago ZIP: 60613

Built In: 1896

Lot Size: L

Lot Dimensions: 27 X 100

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1300

Unit 2 Floor 2: 3 bedrooms 1 baths $1800

Detailed Listing Description

Classic Chicago Lakeview / Ravenswood large solid brick two unit in an amazing location to dining, shopping, one block to Brown Line eL, etc. This property offers newer separate GFA units, enclosed rear porch, great back yard for entertaining, etc. 1st fl w/2 bedrooms & 1 bath w/ hardwood floors & duplex-ed down w/family room & wet bar. 2nd fl w/3 bedrooms 1 bath. Tenants pay all utilities w/free laundry in basement. Keep as investment or convert to single family. Building has easement to East. Agent owned but not by Lister. Property Sold-As-Is.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,S
  • Appliances Unit 2A,B,E
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60613

Listings in this Zip Code average: 2 to 3 units, and are priced at $750,873 to $1,005,200
This listing is 13% 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 26% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $37,200 Monthly $3,100
Rental Income Stabilized : Annual $46,140 Monthly $3,845
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$649,9002$324,9502.52%17.470.59%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,100$3,845
Year Total$37,200$46,140
Expense
Total$20,828$20,828
Net Operating Income$16,372$25,312
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7864 $21774 $29638 $2470
Total         $7,864 $21,774 $29,638   $-13,266 $7,864 $-5,402
Stabilized         $7,864 $21,774 $29,638   $-4,326 $7,864 $3,538
Custom         $7864 $21774 $29638   $-4326 $7864 $3538




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1487,4252,4706421,8286421,8282,470
2486,7832,4706451,8251,2873,6534,940
3486,1382,4706471,8231,9345,4767,410
4485,4912,4706491,8212,5837,2979,880
5484,8422,4706521,8183,2359,11512,350
6484,1902,4706541,8163,88910,93114,820
7483,5362,4706571,8134,54612,74417,290
8482,8792,4706591,8115,20514,55519,760
9482,2202,4706621,8085,86716,36322,230
10481,5582,4706641,8066,53118,16924,700
11480,8942,4706671,8037,19819,97227,170
12480,2272,4706691,8017,86721,77329,640
13479,5582,4706721,7988,53823,57232,110

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Listing Agent: Mary Ellen Considine
Listing Office: Coldwell Banker Residential
1457 W. Belmont Chicago

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