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
    • Tenant Pays Unit 1B,C,D
    • Tenant Pays Unit 2B,C,D
    • Appliances Unit 1A,B,J
    • Appliances Unit 2A,B,J
    • 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
    Unit TypeCurrent RateStabilized RateCustom Rate
    Monthly Total$3,200$3,698
    Year Total$38,400$44,376
    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
    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

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

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