4 Flat 8237 KILpatrick Skokie IL Mu Investment | Chicago Property Listings – X Plus Real Estate

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4 Flat 8237 KILpatrick Skokie IL Mu Investment

City: Skokie ZIP: 60076

Built In: 1950

Lot Size: A

Lot Dimensions: 122' X 45'

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $1200

Unit 2 Floor 2: 2 bedrooms 1 baths $1300

Unit 3 Floor 1: 2 bedrooms 1 baths $850

Unit 4 Floor 2: 2 bedrooms 1 baths $1200

Gross Income $54,600

Detailed Listing Description

Beautiful 4 unit building in the heart of beautiful Skokie! Spacious units with natural wood flooring and featuring newer Kitchens in all 4 apts! Enclosed porch rooms in each unit that can serve as office or a den, central air conditioning for each apartment. Newly decorated hallways, carpeting and mail boxes. Well maintained and Just reinspected and silver painted roof! Well maintained building. The building is truly beautiful and will be a money maker for its next owner! Walking Distance to Skokie Swift Line, Busses and Downtown Skokie! Minutes from Old Orchard, and I94!

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces4
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,D
  • Tenant Pays Unit 2B,D
  • Tenant Pays Unit 3B,D
  • Tenant Pays Unit 4B,D
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • Appliances Unit 4A,B
Schools
  • Grade School District69
  • Jr High/Middle School District69
  • High School District219

Comparative Data

Zip Code Comparison: 60076

Listings in this Zip Code average: 3 to 4 units, and are priced at $529,450 to $533,271
This listing is 21% more than other 4 unit listings in this zipcode.


Calculated Rents
Rental Income : Annual $54,600 Monthly $4,550
Rental Income Stabilized : Annual $65,016 Monthly $5,418
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$645,5004$161,3754.22%11.820.84%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,550$5,418
Year Total$54,600$65,016
Expense
Total$27,332$27,332
Net Operating Income$27,268$37,684
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7811 $21626 $29437 $2453
Total         $7,811 $21,626 $29,437   $-2,169 $7,811 $5,642
Stabilized         $7,811 $21,626 $29,437   $8,247 $7,811 $16,058
Custom         $7811 $21626 $29437   $8247 $7811 $16058




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1484,1252,4536381,8156381,8152,453
2483,4872,4536401,8131,2773,6294,906
3482,8482,4536421,8111,9205,4397,359
4482,2052,4536451,8082,5657,2479,812
5481,5602,4536471,8063,2129,05312,265
6480,9132,4536501,8033,86110,85714,718
7480,2642,4536521,8014,51312,65817,171
8479,6122,4536541,7995,16814,45619,624
9478,9572,4536571,7965,82516,25222,077
10478,3002,4536591,7946,48418,04624,530
11477,6412,4536621,7917,14619,83726,983
12476,9792,4536641,7897,81021,62629,436
13476,3152,4536671,7868,47723,41231,889

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Listing Agent: Boris Oberman
Listing Office: Realty Advisors Elite LLC
1560 McCraren St. Highland Park

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