3 Flat 3849 Hermitage Lake View Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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3 Flat 3849 Hermitage Lake View Chicago IL Mu Inv

City: Chicago ZIP: 60613

Built In: 1896

Lot Size: A

Lot Dimensions: 25 X108.20

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $1595

Unit 2 Floor 2: 3 bedrooms 1 baths $1845

Unit 3 Floor G: 1 bedrooms 1 baths $900

Detailed Listing Description

Brick two story with three units in west Wrigleyville /Lakeview. Quiet residential block with many new and renovated homes. First floor apt has two bedrooms one bath and second floor has three bedroom one bath. Garden apt has one bedroom one bath.Nine foot ceilings on first and second floors. Basement has seven foot ceiling. Easy to rent units or convert to single family.

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • 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
  • Tenant Pays Unit 3J
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • Grade School District299
  • Jr High/Middle School District299
  • 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 35% more than other 3 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 38% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $52,080 Monthly $4,340
Rental Income Stabilized : Annual $58,944 Monthly $4,912
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,340$4,912
Year Total$52,080$58,944
Net Operating Income$26,063$32,927
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $7853 $21744 $29597 $2467
Total         $7,853 $21,744 $29,597   $-3,534 $7,853 $4,319
Stabilized         $7,853 $21,744 $29,597   $3,330 $7,853 $11,183
Custom         $7853 $21744 $29597   $3330 $7853 $11183

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Gary Wydra
Listing Office: Lasalle Assoc. Realtors Inc.
3700 Southport Ave Chicago

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