3 Flat 910 Springfield Humboldt Park Chicago IL M| Chicago Property Listings – X Plus Real Estate

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3 Flat 910 Springfield Humboldt Park Chicago IL M

City: Chicago ZIP: 60651

Built In: 1910

Lot Size: L

Lot Dimensions: 33X126

Lot Description: F,H

# of Units: 3

Unit 1 Floor B: 2 bedrooms 1 baths $N/A

Unit 2 Floor 1: 3 bedrooms 1 baths $N/A

Unit 3 Floor 2: 2 bedrooms 1 baths $N/A

Detailed Listing Description

HUGE Luxury Gut Rehabbed LEGAL 3 Flat in HOT Humboldt park neighborhood on a very quiet street! This building features large units, (2x 3 bedroom, 1x 2 Bedroom), tall ceilings, new kitchens with solid wood cabinetry, SILESTONE Quartz counters, Samsung SS Appliance package, etc, Luxury Baths, All new individualized mechanical's (including electrical service, copper plumbing, central heat), Laundry hook up in each unit, Luxury flooring, Tuck-pointing, Roof, Enclosed rear porch, Covered front porch, Fully fenced in yard, LED Lighting, storage, Sump Pump w/ Drain Tile, etc. A great opportunity to live in one unit and pay your mortgage with nice profit or rent all 3 and collect a HUGE monthly passive income. TURNKEY with 12%+ CAP when proforma. Minutes away from public transportation, retail, restaurants, shopping, Wicker/Bucktown night life and more! This is a multiple offer property!!! Must see Best and Final SUNDAY 3/1/20 @ 4:00PM

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Appliances Unit 1A,B,F,P,Q
  • Appliances Unit 2A,B,F,P,Q
  • Appliances Unit 3A,B,F,P,Q
  • Grade School District299
  • Jr High/Middle School District299
  • High School District229

Comparative Data

Zip Code Comparison: 60651

Listings in this Zip Code average: 2 to 3 units, and are priced at $193,400 to $245,557
This listing is 71% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Humboldt Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
This listing is 36% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $11,700 Monthly $975
Rental Income Stabilized : Annual $28,416 Monthly $2,368
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$975$2,368
Year Total$11,700$28,416
Net Operating Income$-4,508$12,208
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $5082 $14072 $19154 $1597
Total         $5,082 $14,072 $19,154   $-23,662 $5,082 $-18,580
Stabilized         $5,082 $14,072 $19,154   $-6,946 $5,082 $-1,864
Custom         $5082 $14072 $19154   $-6946 $5082 $-1864

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Cecilia Frakes-Mayberry
Listing Office: @properties
1001 N. Milwaukee Ave # 201 Chicago

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