2 Flat 924 Fairfield West Town Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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2 Flat 924 Fairfield West Town Chicago IL Mu Inve

City: Chicago ZIP: 60622

Built In: 1910

Lot Size: A

Lot Dimensions: 3989

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $1550

Unit 2 Floor 2: 3 bedrooms 1 baths $1650

Detailed Listing Description

BEAUTIFUL WEST UKRAINIAN VILLAGE/HUMBOLDT PARK INVESTMENT GREY STONE TWO FLAT BUILDING. Great potential for investor or living in owner to live of the rents. The Two units feature formal living room, dinning room and 3 bedrooms. All hardwood floors and wood trims throughout. Granite counter tops in kitchen. Finish basement with bathroom. Close to parks, schools, shopping, transportation, great restaurants and entertainment. Rents are under market value.

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 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,J
  • Appliances Unit 2A,B,J
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 21% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 9% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $38,400 Monthly $3,200
Rental Income Stabilized : Annual $44,376 Monthly $3,698
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$649,9002$324,9503.48%16.920.57%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,200$3,698
Year Total$38,400$44,376
Expense
Total$15,757$15,757
Net Operating Income$22,643$28,619
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   $-6,995 $7,864 $869
Stabilized         $7,864 $21,774 $29,638   $-1,019 $7,864 $6,845
Custom         $7864 $21774 $29638   $-1019 $7864 $6845




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: Carlos Funes
Listing Office: Sky High Real Estate Inc.
5341 Carol Street Skokie

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