2 Flat 3421 Belden Logan Square Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 3421 Belden Logan Square Chicago IL Mu Inv

City: Chicago ZIP: 60647

Built In: 1908

Lot Size: A

Lot Dimensions: 31 X 127

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $VAC

Unit 2 Floor 2: 3 bedrooms 1 baths $VAC

Detailed Listing Description

Stunning, one-of-a-kind restoration of a gorgeous, classic Chicago brownstone two-flat in a prime Logan Square location. Perfect both for an owner-occupant or a savvy investor, this professionally-designed property is turn-key and ready to enjoy. Two x 3 bed, 1 bath generously-sized units on an extra wide 31 foot lot with rear yard, 2 car garage, featuring all new plumbing, electric, HVAC (with central air), roof work and new parapets/masonry (2020), all new kitchens, appliances, quartz countertops with islands, in-unit W/D in both units, and much, much more.

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
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Appliances Unit 1A,B,C,D,E,F,I
  • Appliances Unit 2A,B,C,D,E,F,I
  • 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 46% 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 41% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $18,000 Monthly $1,500
Rental Income Stabilized : Annual $42,144 Monthly $3,512
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,500$3,512
Year Total$18,000$42,144
Net Operating Income$-1,481$22,663
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $9184 $25429 $34613 $2885
Total         $9,184 $25,429 $34,613   $-36,094 $9,184 $-26,910
Stabilized         $9,184 $25,429 $34,613   $-11,950 $9,184 $-2,766
Custom         $9184 $25429 $34613   $-11950 $9184 $-2766

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Michael Hagenson
Listing Office: New Era Chicago, LLC
1147 W Webster Chicago

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