2 Flat 1814 Bloomingdale Logan Square Chicago IL | Chicago Property Listings – X Plus Real Estate

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2 Flat 1814 Bloomingdale Logan Square Chicago IL

City: Chicago ZIP: 60622

Built In: 1887

Lot Size: L

Lot Dimensions: 24X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1500

Unit 2 Floor 2: 4 bedrooms 2 baths $VAC

Gross Income $54,000

Net Op. Income $39,000

Detailed Listing Description

Spectacular 6 bedroom/3 bathroom 2 unit in the heart of Bucktown with 1 simplex unit, 1 duplex unit, 2 car garage and backyard in Level 1+ Burr district! The duplex owner's unit features hardwood floors on the main floor and an open-concept living/dining room. The recently updated kitchen has granite counters, a breakfast bar, stainless steel appliances, a breakfast room, and laundry closet with shelving. A bedroom and full bathroom complete this level. The airy second floor showcases dramatic cathedral ceilings. The master bedroom has skylights that flood the room with light and a large walk-in closet with built-in shelving, Down the hall, two split bedrooms and a full bathroom with soaking tub complete this unit. The 2 bedroom/1 bathroom simplex unit is spacious and also has its own washer/dryer. Rounding out this building is a large deck, full-size backyard, and 2-car garage. Fantastic Bucktown location moments to the 606, Kennedy Expressway, Burr Elementary, Clybourn Metra, and a

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 1A
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1A,B,C,D,E,F,I,N
  • Appliances Unit 2A,B,C,D,E,F,I,N,P,R,S,T,U
Schools
  • Grade SchoolBurr Elementary School
  • Grade School District299
  • Jr High/Middle SchoolBurr Elementary School
  • Jr High/Middle School District299
  • High SchoolWells Community Academy Senior H
  • 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 45% 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 44% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $42,000 Monthly $3,500
Rental Income Stabilized : Annual $21,432 Monthly $1,786
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$775,0002$387,5002.78%18.450.23%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,500$1,786
Year Total$42,000$21,432
Expense
Total$20,424$20,424
Net Operating Income$21,576$1,008
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9377 $25965 $35342 $2946
Total         $9,377 $25,965 $35,342   $-13,766 $9,377 $-4,389
Stabilized         $9,377 $25,965 $35,342   $-34,334 $9,377 $-24,957
Custom         $9377 $25965 $35342   $-34334 $9377 $-24957




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1581,2502,9467662,1807662,1802,946
2580,4842,9467692,1771,5354,3575,892
3579,7152,9467722,1742,3086,5308,838
4578,9422,9467752,1713,0838,70111,784
5578,1672,9467782,1683,86010,87014,730
6577,3902,9467812,1654,64113,03517,676
7576,6092,9467842,1625,42515,19720,622
8575,8252,9467872,1596,21217,35623,568
9575,0382,9467902,1567,00119,51326,514
10574,2492,9467932,1537,79421,66629,460
11573,4562,9467962,1508,58923,81732,406
12572,6612,9467992,1479,38825,96435,352
13571,8622,9468022,14410,18928,10938,298

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Listing Agent: Leigh Marcus
Listing Office: @properties
3330 N Hamilton Chicago

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