2 Flat 2104 Richmond Logan Square Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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2 Flat 2104 Richmond Logan Square Chicago IL Mu I

City: Chicago ZIP: 60647

Built In: 1915

Lot Size: A

Lot Dimensions: 38X77

Lot Description: H

# of Units: 2

Unit 1 Floor M: 2 bedrooms 1 baths $1450

Unit 2 Floor 2: 3 bedrooms 1 baths $1500

Gross Income $35,160

Detailed Listing Description

The wait is over! Logan Square here you go! Tremendous amounts of upgrades including: All exterior brick tuckpointed, newer roof, gas forced air heat and central air conditioning for EACH FLOOR, separate electric for EACH FLOOR, separate water adjustments for washer for EACH FLOOR located in the basement. Extra storage in the basement. Very spacious and inviting on each floor. Close to shopping and the Blue line. Owners pride and it shows.

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces2
  • Parking on SiteN
  • Parking OwnershipN
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
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 35% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 30% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $35,400 Monthly $2,950
Rental Income Stabilized : Annual $37,056 Monthly $3,088
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$700,0002$350,0002.20%19.770.44%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,950$3,088
Year Total$35,400$37,056
Expense
Total$20,020$20,020
Net Operating Income$15,380$17,036
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $8470 $23452 $31922 $2661
Total         $8,470 $23,452 $31,922   $-16,542 $8,470 $-8,072
Stabilized         $8,470 $23,452 $31,922   $-14,886 $8,470 $-6,416
Custom         $8470 $23452 $31922   $-14886 $8470 $-6416




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1525,0002,6616921,9696921,9692,661
2524,3082,6616951,9661,3873,9355,322
3523,6132,6616971,9642,0855,8987,983
4522,9152,6617001,9612,7857,85910,644
5522,2152,6617031,9583,4879,81813,305
6521,5132,6617051,9564,19311,77315,966
7520,8072,6617081,9534,90113,72618,627
8520,0992,6617111,9505,61115,67721,288
9519,3892,6617131,9486,32517,62423,949
10518,6752,6617161,9457,04019,57026,610
11517,9602,6617191,9427,75921,51229,271
12517,2412,6617211,9408,48023,45231,932
13516,5202,6617241,9379,20525,38834,593

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Listing Agent: Mark Berberick
Listing Office: RE/MAX Suburban
318 W SOUTH ST ARLINGTON HTS

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