2 Flat 3514 Oak Brookfield IL Mu Investment | Chicago Property Listings – X Plus Real Estate

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2 Flat 3514 Oak Brookfield IL Mu Investment

City: Brookfield ZIP: 60513

Built In: 1928

Lot Size: A

Lot Dimensions: 50 X 125

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 1 bedrooms 1 baths $750

Gross Income $9,000

Detailed Listing Description

Legal, non conforming 2 flat with big basement in fantastic location - close to Metra, shopping, restaurants, library, & school. Much loved & well maintained by longtime owner (56 years), this home is ready for you! Main floor offers LR, Sun Room, DR, 2 BR's, bath, large kitchen w/lots of cabinets & breakfast nook. 2nd fl is sun filled w/LR, large eat-in kitchen, 1BR, bath, den & sun porch. Home features high ceilings, hardwood floors, & newer windows. Radiator heat, CAC, 2 newer hwh (est 2 yrs), 2 electric circuit breaker panels, main fl CAC est 1 yr. One gas & water meter. Main unit pays heat, gas, water, garbage. 2.5 car garage, fenced yard, beautiful perennial gardens. Keep using as 2 unit or convert to 1 large home. 2nd fl rent below market rates & on month to month. Huge basement has 2 partially finished rooms with so much potential for more living space. Home is in great condition but Estate Sale so conveyed "as is". 2nd fl has CAC unit but it is not working. No FHA a

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2.5
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D,F,G,H
  • Tenant Pays Unit 2B
  • Appliances Unit 1B,C,D,F,I,J,N,S,W,X
  • Appliances Unit 2A,B,I,J,K,S,U
  • Grade School District95
  • Jr High/Middle SchoolS E Gross Middle School
  • Jr High/Middle School District95
  • High SchoolRiverside Brookfield Twp Senior
  • High School District208

Comparative Data

Zip Code Comparison: 60513

Listings in this Zip Code average: 3 to 4 units, and are priced at $373,913 to $0
This listing is 11% more than other 2 unit listings in this zipcode.

Calculated Rents
Rental Income : Annual $9,000 Monthly $750
Rental Income Stabilized : Annual $31,956 Monthly $2,663
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$750$2,663
Year Total$9,000$31,956
Net Operating Income$-1,831$21,125
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $3933 $10889 $14822 $1236
Total         $3,933 $10,889 $14,822   $-16,653 $3,933 $-12,720
Stabilized         $3,933 $10,889 $14,822   $6,303 $3,933 $10,236
Custom         $3933 $10889 $14822   $6303 $3933 $10236

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Debra Myslicki
Listing Office: Myslicki Real Estate

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