2 Flat 3240 Troy Avondale Chicago IL Mu Investmen| Chicago Property Listings – X Plus Real Estate

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2 Flat 3240 Troy Avondale Chicago IL Mu Investmen

City: Chicago ZIP: 60618

Built In: 1920

Lot Size: A

Lot Dimensions: 2206

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1500

Unit 2 Floor 2: 2 bedrooms 1 baths $750

Detailed Listing Description

DESIRABLE AND SPACIOUS TWO FLAT PROPERTY SITUATED IN A VERY SOUGHT AFTER NEIGHBORHOOD! CONVENIENTLY LOCATED BY THE BELMONT BLUE LINE! BOTH UNITS FEATURE 2BEDROOMS AND 1BATHROOM, LARGE LIVING ROOM WITH SEPARATE DINING ROOM, KITCHEN HAS TONS OF CABINETS FOR ADDITIONAL STORAGE SPACE. POSSIBILITIES ARE ENDLESS IN THIS INCOME PRODUCING MOVE IN READY HOME! GREAT YARD FOR ALL SEASONS! MOVE IN READY WITH PLENTY OF UPSIDE POTENTIAL! CLOSE TO GREAT SCHOOLS, PARK, SHOPPING, AND STARBUCKS! REQUEST A SHOWING RIGHT AWAY!

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 1B,C
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1A,B,S
  • Appliances Unit 2A,B
Schools
  • Grade SchoolVon Linne School
  • Grade School District299
  • Jr High/Middle School District299
  • High SchoolSchurz High School
  • 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 11% more than other 2 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 3% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $27,000 Monthly $2,250
Rental Income Stabilized : Annual $35,196 Monthly $2,933
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$430,0002$215,0001.85%15.930.68%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,250$2,933
Year Total$27,000$35,196
Expense
Total$19,028$19,028
Net Operating Income$7,972$16,168
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5203 $14407 $19610 $1635
Total         $5,203 $14,407 $19,610   $-11,638 $5,203 $-6,435
Stabilized         $5,203 $14,407 $19,610   $-3,442 $5,203 $1,761
Custom         $5203 $14407 $19610   $-3442 $5203 $1761




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1322,5001,6354261,2094261,2091,635
2322,0741,6354271,2088532,4173,270
3321,6471,6354291,2061,2823,6234,905
4321,2181,6354301,2051,7124,8286,540
5320,7881,6354321,2032,1446,0318,175
6320,3561,6354341,2012,5787,2329,810
7319,9221,6354351,2003,0138,43211,445
8319,4871,6354371,1983,4509,63013,080
9319,0501,6354391,1963,88910,82614,715
10318,6111,6354401,1954,32912,02116,350
11318,1711,6354421,1934,77113,21417,985
12317,7291,6354441,1915,21414,40619,620
13317,2861,6354451,1905,65915,59621,255

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Listing Agent: Joseph Rosario
Listing Office: eXp Realty, LLC
3936 N. Spaulding Chicago

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