3 Flat 3031 Hamlin Avondale Chicago IL Mu Investm| Chicago Property Listings – X Plus Real Estate

Find the home or investment property you’ve been looking for!

Quick Search

Select Search Area

Selected Areas (10)
Listing Types

Property Features

3 Flat 3031 Hamlin Avondale Chicago IL Mu Investm

City: Chicago ZIP: 60618

Built In: 1901

Lot Size: K

Lot Dimensions: 27X125

# of Units: 3

Unit 1 Floor G: 3 bedrooms 1 baths $700

Unit 2 Floor 1: 3 bedrooms 1 baths $1400

Unit 3 Floor 2: 2 bedrooms 2 baths $1800

Gross Income $64,800

Detailed Listing Description

Great Avondale 3 legal units building with an additional finished attic. Currently building generates $5400 monthly income with room to increase it. 2 units have been remodeled: open loft style layout, modern, high-end finishes, including quartz countertops, stainless steels appliances, central heat, AC. Washer and dryer in the units. Garden and 1st-floor units have central heat. 1st-floor: original condition, hardwood floors, new bathroom. Coin operated laundry in the basement. Great income, low expenses. New construction all around. Do not miss it.

Additional Property Details

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

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 14% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 35% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $46,800 Monthly $3,900
Rental Income Stabilized : Annual $73,776 Monthly $6,148
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,900$6,148
Year Total$46,800$73,776
Net Operating Income$27,395$54,371
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $8107 $22447 $30554 $2547
Total         $8,107 $22,447 $30,554   $-3,159 $8,107 $4,948
Stabilized         $8,107 $22,447 $30,554   $23,817 $8,107 $31,924
Custom         $8107 $22447 $30554   $23817 $8107 $31924

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

Explore Nearby Neighborhoods

Lincoln ParkNearby Neighborhoods X Plus Real Estate

Lincoln Park

Irving ParkNearby Neighborhoods X Plus Real Estate

Irving Park

AvondaleNearby Neighborhoods X Plus Real Estate


Listing Agent: Anna Gutkowska
Listing Office: @properties
5289 N Luna Chicago

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.