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

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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