4 Flat 3728 Ashland Lake View Chicago IL Mu Inves| Chicago Property Listings – X Plus Real Estate

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4 Flat 3728 Ashland Lake View Chicago IL Mu Inves

City: Chicago ZIP: 60613

Built In: 2020

Lot Size: A

Lot Dimensions: 107.6 X 25

# of Units: 4

Unit 1 Floor 1: 4 bedrooms 3 baths $4600

Unit 2 Floor 2: 3 bedrooms 2 baths $3500

Unit 3 Floor 3: 3 bedrooms 2 baths $3700

Unit 4 Floor 4: 3 bedrooms 2 baths $3900

Net Op. Income $17,520

Detailed Listing Description

Brand new construction 4 unit property in Blaine School district. Property under construction with projected completion date at the end of July 2020. High end finishes plus an elevator that opens into individual units. Roof top deck. Property features 4 bedroom 3 bath duplex down and three simplexes with 3 bedrooms 2 baths. 2 parking spots in the garage, 2 outdoor parking spaces. Great location steps away from Southport corridor, walking distance to Brown line. Property build by an experienced builder with multiple successful projects. Check it out today..

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeA
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
  • Tenant Pays Unit 4B,C
  • Appliances Unit 1A,B,C,D,E,F,G,I,L,N,P,R,S,X
  • Appliances Unit 2A,B,C,D,E,F,G,I,L,N,P,S,U,X
  • Appliances Unit 3A,B,C,D,E,F,G,I,L,N,P,S,U,W,X
  • Appliances Unit 4A,B,C,D,E,F,G,I,L,N,P,S,U,W,X
  • Grade SchoolBlaine Elementary School
  • Grade School District299
  • Jr High/Middle SchoolBlaine Elementary School
  • Jr High/Middle School District299
  • High SchoolLake View High School
  • High School District299

Comparative Data

Zip Code Comparison: 60613

Listings in this Zip Code average: 2 to 3 units, and are priced at $750,873 to $1,005,200
This listing is 134% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lake View

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,039,522 to $1,694,786
This listing is 53% more than other 4 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $188,400 Monthly $15,700
Rental Income Stabilized : Annual $160,500 Monthly $13,375
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$15,700$13,375
Year Total$188,400$160,500
Net Operating Income$170,841$142,941
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $31446 $87073 $118519 $9877
Total         $31,446 $87,073 $118,519   $52,322 $31,446 $83,768
Stabilized         $31,446 $87,073 $118,519   $24,422 $31,446 $55,868
Custom         $31446 $87073 $118519   $24422 $31446 $55868

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Michael Zapart
Listing Office: Keller Williams Chicago-O'Hare
405 Linden Ave. 7N Medinah

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