4 Flat 1110 Wolcott West Town Chicago IL Mu Inves| Chicago Property Listings – X Plus Real Estate

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4 Flat 1110 Wolcott West Town Chicago IL Mu Inves

City: Chicago ZIP: 60622

Built In: U

Lot Size: A

Lot Dimensions: 24X125

Lot Description: H

# of Units: 4

Unit 1 Floor 1: 3 bedrooms 2 baths $2070

Unit 2 Floor 2: 3 bedrooms 1 baths $1560

Unit 3 Floor 3: 3 bedrooms 1 baths $1660

Unit 4 Floor 1: 3 bedrooms 2 baths $4000

Detailed Listing Description

Unique, gem of a property, located in the heart of Wicker Park! A 3 flat with one duplex plus a fabulous Coach House w/ 3 floors of living space! Coach House has been totally gutted and rehabbed. Coach House has been updated with hardwood floors throughout, granite kitchen and lower level has high ceilings. The front 3 units are in great condition. A great opportunity to live in or invest. A short walk to restaurant row. This property offers vintage charm throughout and yet it has many updates. The EL is 3 blocks away. A rare find!

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Tenant Pays Unit 3B,C,D
  • Tenant Pays Unit 4B,C,D
  • Appliances Unit 1A,B,E,F,I,S
  • Appliances Unit 2A,B,E,F,S
  • Appliances Unit 3A,B,E,F,S
  • Appliances Unit 4A,B,C,D,E,F,I,S
  • 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 18% more than other 4 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 11% more than other 4 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $111,480 Monthly $9,290
Rental Income Stabilized : Annual $116,664 Monthly $9,722
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$9,290$9,722
Year Total$111,480$116,664
Net Operating Income$83,423$88,607
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $13902 $38495 $52397 $4367
Total         $13,902 $38,495 $52,397   $31,026 $13,902 $44,928
Stabilized         $13,902 $38,495 $52,397   $36,210 $13,902 $50,112
Custom         $13902 $38495 $52397   $36210 $13902 $50112

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Joseph Betancourt
Listing Office: Betancourt Realty
2041 W. Division Chicago

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