3 Flat 2443 Seminary Lincoln Park Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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3 Flat 2443 Seminary Lincoln Park Chicago IL Mu I

City: Chicago ZIP: 60614

Built In: U

Lot Size: A

Lot Dimensions: 24.05X120

Lot Description: H

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 2 baths $2250

Unit 2 Floor 2: 2 bedrooms 2 baths $1700

Unit 3 Floor C: 2 bedrooms 2 baths $2175

Gross Income $73,500

Detailed Listing Description

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Appliances Unit 1A,B,E,I,S,U
  • Appliances Unit 2A,B,E,I,Q,R,S
  • Appliances Unit 3A,B,C,D,E,F,I,R,S,T
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60614

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,397,655 to $1,464,000
This listing is 7% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lincoln Park

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,494,179 to $1,560,429
This listing is 13% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $73,500 Monthly $6,125
Rental Income Stabilized : Annual $97,224 Monthly $8,102
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$6,125$8,102
Year Total$73,500$97,224
Net Operating Income$43,736$67,460
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $15728 $43550 $59278 $4940
Total         $15,728 $43,550 $59,278   $-15,542 $15,728 $186
Stabilized         $15,728 $43,550 $59,278   $8,182 $15,728 $23,910
Custom         $15728 $43550 $59278   $8182 $15728 $23910

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Vanessa Smith
Listing Office: Compass
2032 N Keeler #2 Chicago

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