2 Flat 1536 Talman West Town Chicago IL Mu Invest| Chicago Property Listings – X Plus Real Estate

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2 Flat 1536 Talman West Town Chicago IL Mu Invest

City: Chicago ZIP: 60622

Built In: U

Lot Size: A

Lot Dimensions: 25X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $NA

Unit 2 Floor 2: 3 bedrooms 1 baths $NA

Detailed Listing Description

Fantastic investment opportunity! Brick 2 flat, separate utilities, sold as-is. First floor features 2 bedrooms & 1 bathroom, second floor features 3 bedrooms & 1 bath. The property is close to the 606 Trail & the $50 million "Creative Office Campus" development referred to as Humboldt Lit. Easy access to nearby restaurants and retail establishments! Located conveniently near transportation to downtown & the O'Hare Blue Line. Schedule a showing today!

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
  • Tenant Pays Unit 2B,C
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 23% 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 31% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $34,728 Monthly $2,894
Rental Income Stabilized : Annual $44,580 Monthly $3,715
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,894$3,715
Year Total$34,728$44,580
Net Operating Income$17,401$27,253
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $4961 $13737 $18698 $1559
Total         $4,961 $13,737 $18,698   $-1,297 $4,961 $3,664
Stabilized         $4,961 $13,737 $18,698   $8,555 $4,961 $13,516
Custom         $4961 $13737 $18698   $8555 $4961 $13516

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Joe Zimmerman
Listing Office: Keller Williams Chicago-Lincoln Park
2211 N Elston Ave Suite 104 Chicago

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