2 Flat 3578 Wabansia Humboldt Park Chicago IL Mu | Chicago Property Listings – X Plus Real Estate

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    2 Flat 3578 Wabansia Humboldt Park Chicago IL Mu

    City: Chicago ZIP: 60647

    Built In: 1890

    Lot Size: K

    Lot Dimensions: 25X153

    Lot Description: E

    # of Units: 2

    Unit 1 Floor 1: 2 bedrooms 1 baths $0

    Unit 2 Floor 2: 4 bedrooms 1 baths $OWNR

    Previous Listing
    Map | 756 of 2062

    Detailed Listing Description

    INVESTORS, REHABBERS. AMAZING OPPORTUNITY TO PURCHASE A LARGE MULTI UNIT ON EXTRA LONG CORNER LOT. HUMBOLDT PARK, HIGH DEMAND AREA AND RAPIDLY DEVELOPING. ACROSS THE STREET FROM NEW CONSTRUCTION. ZONED RS-3, READY FOR YOUR RENOVATION IDEAS. EACH FLOOR WITH 2 BEDROOMS, FINISHED ATTIC AND FULL BASEMENT. NO TENANTS, FAMILY OCCUPIED. PROPERTY BEING SOLD "AS IS".

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

    Comparative Data

    Zip Code Comparison: 60647

    Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
    This listing is 36% more than other 2 unit listings in this zipcode.

    Neighborhood Comparison:
    CHI - Humboldt Park

    Listings in this Neighborhood average: 2 to 3 units, with average prices of $224,352 to $309,067
    This listing is 47% more than other 2 unit listings in this neighborhood.

    This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

    Calculated Rents
    Rental Income : Annual $14,688 Monthly $1,224
    Rental Income Stabilized : Annual $18,360 Monthly $1,530
    Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
    $330,0002$165,0000.07%22.470.46%
    Income
    Unit TypeCurrent RateStabilized RateCustom Rate
    Monthly Total$1,224$1,530
    Year Total$14,688$18,360
    Expense
    Total$14,448$14,448
    Net Operating Income$240$3,912
    Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
    Down
    Mortgage $3993 $11056 $15049 $1255
    Total         $3,993 $11,056 $15,049   $-14,809 $3,993 $-10,816
    Stabilized         $3,993 $11,056 $15,049   $-11,137 $3,993 $-7,144
    Custom         $3993 $11056 $15049   $-11137 $3993 $-7144




    MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
    1247,5001,2553279283279281,255
    2247,1731,2553289276551,8552,510
    3246,8451,2553299269842,7813,765
    4246,5161,2553319241,3153,7055,020
    5246,1851,2553329231,6474,6286,275
    6245,8531,2553339221,9805,5507,530
    7245,5201,2553349212,3146,4718,785
    8245,1861,2553369192,6507,39010,040
    9244,8501,2553379182,9868,30911,295
    10244,5141,2553389173,3249,22612,550
    11244,1761,2553399163,66410,14113,805
    12243,8361,2553419144,00411,05615,060
    13243,4961,2553429134,34611,96916,315

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    Listing Agent: Diana Sanchez
    Listing Office: RE/MAX Next
    925 W. Lakeside Pl Chicago

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