2 Flat 1437 Thomas West Town Chicago IL Mu Invest| Chicago Property Listings – X Plus Real Estate

Find the home or investment property you’ve been looking for!

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









2 Flat 1437 Thomas West Town Chicago IL Mu Invest

City: Chicago ZIP: 60642

Built In: 1880

Lot Size: K

Lot Dimensions: 23X90X52X62X125

Lot Description: L

# of Units: 2

Unit 1 Floor 1: 1 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 2 baths $2300

Detailed Listing Description

Updated 2 flat in Noble Square/ Wicker Park with a 6 car brick garage! 1st floor was the owner's photography studio and is currently a 1 bed 1 bath with a lofted office. 2nd floor is a sunny 3 bedroom 2 bath, with in unit washer/dryer, wood burning fireplace, and a roof deck. Both units have separate utilities and central air. There is a large unfinished basement. Huge garage has potential for many different uses. The building and attached brick garage are built-out lot line to lot line. Could be an amazing live work space for artist or photographer. Great location, 2 blocks from CTA and 90/94.

Additional Property Details

Garage & Parking
  • Gargage DetailsF,G
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeA
  • Number of Gargage Spaces6
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,C,D,E,I,P,S
  • Appliances Unit 2A,B,C,D,E,F,G,I,M,R,S,T,U
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60642

Listings in this Zip Code average: 3 to 4 units, and are priced at $1,047,408 to $1,264,667
This listing is 16% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 34% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $27,600 Monthly $2,300
Rental Income Stabilized : Annual $47,544 Monthly $3,962
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$799,9002$399,9500.32%28.980.50%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,300$3,962
Year Total$27,600$47,544
Expense
Total$25,047$25,047
Net Operating Income$2,553$22,497
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9679 $26799 $36478 $3040
Total         $9,679 $26,799 $36,478   $-33,925 $9,679 $-24,246
Stabilized         $9,679 $26,799 $36,478   $-13,981 $9,679 $-4,302
Custom         $9679 $26799 $36478   $-13981 $9679 $-4302




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1599,9253,0407902,2507902,2503,040
2599,1353,0407932,2471,5844,4966,080
3598,3413,0407962,2442,3806,7409,120
4597,5453,0407992,2413,1798,98112,160
5596,7463,0408022,2383,98111,21915,200
6595,9443,0408052,2354,78613,45418,240
7595,1393,0408082,2325,59515,68521,280
8594,3303,0408112,2296,40617,91424,320
9593,5193,0408142,2267,22020,14027,360
10592,7053,0408172,2238,03822,36230,400
11591,8873,0408202,2208,85824,58233,440
12591,0673,0408232,2179,68126,79936,480
13590,2443,0408272,21310,50829,01239,520

Explore Nearby Neighborhoods

Humboldt ParkNearby Neighborhoods X Plus Real Estate

Humboldt Park

LakeviewNearby Neighborhoods X Plus Real Estate

Lakeview

Albany ParkNearby Neighborhoods X Plus Real Estate

Albany Park

Listing Agent: Melissa Stanley
Listing Office: Property Consultants Realty
3759 W. Diversey, store Chicago

© 2017 Midwest Real Estate Data, LLC (MRED). The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data, LLC (MRED). Real Estate listings held by brokerage firms other than X Plus Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.