4 Flat 2230 Seeley Logan Square Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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4 Flat 2230 Seeley Logan Square Chicago IL Mu Inv

City: Chicago ZIP: 60647

Built In: 2020

Lot Size: A

Lot Dimensions: PER SURVEY

# of Units: 4

Unit 1 Floor 1: 3 bedrooms 2 baths $5000

Unit 2 Floor 2: 3 bedrooms 2 baths $6500

Unit 3 Floor 3: 3 bedrooms 2 baths $5500

Unit 4 Floor 4: 3 bedrooms 2 baths $7000

Detailed Listing Description

New Construction Modern 4 Duplexes- 2 UP and 2 Down 3 Bed / 2.5 Bath Luxury Condos with 2 outdoor spaces each. Pro-builder. Open floor layouts. Modern Flat Panel Custom kitchen cabinets with beautiful Quartz countertops, Custom paneled stainless steel Refrigerators, BOSH appliances. Exceptional finishes throughout. ventless fireplaces with gas starters. Walk in closets. Luxury Master baths. 4 Secured Garage parking included separated in 2 garages 2 parking spaces each. 2 Private outdoor spaces each unit. Interior images from other project. Ready to Move in end of May. 1 Duplex down has separate private entrance exceptional value.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeA
  • Number of Gargage Spaces4
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
  • Tenant Pays Unit 4B,C
Appliances
  • Appliances Unit 1B,C,D,E,F,G,I,S,U,W
  • Appliances Unit 2B,C,D,E,F,G,I,S,U,W
  • Appliances Unit 3B,C,D,E,F,G,I,S,U,W
  • Appliances Unit 4B,C,D,E,F,G,I,S,U,W
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 144% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 111% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $288,000 Monthly $24,000
Rental Income Stabilized : Annual $130,992 Monthly $10,916
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$2,776,0004$694,0009.12%9.640.39%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$24,000$10,916
Year Total$288,000$130,992
Expense
Total$34,776$34,776
Net Operating Income$253,224$96,216
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $33588 $93003 $126591 $10550
Total         $33,588 $93,003 $126,591   $126,633 $33,588 $160,221
Stabilized         $33,588 $93,003 $126,591   $-30,375 $33,588 $3,213
Custom         $33588 $93003 $126591   $-30375 $33588 $3213




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
12,082,00010,5502,7437,8082,7437,80810,550
22,079,25810,5502,7537,7975,49515,60521,100
32,076,50510,5502,7637,7878,25823,39231,650
42,073,74210,5502,7737,77711,03231,16842,200
52,070,96810,5502,7847,76613,81638,93452,750
62,068,18410,5502,7947,75616,61046,69063,300
72,065,39010,5502,8057,74519,41554,43573,850
82,062,58510,5502,8157,73522,23062,17084,400
92,059,77010,5502,8267,72425,05669,89494,950
102,056,94410,5502,8367,71427,89277,608105,500
112,054,10810,5502,8477,70330,74085,310116,050
122,051,26010,5502,8587,69233,59793,003126,600
132,048,40310,5502,8687,68236,466100,684137,150

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Listing Agent: Lawrence Zukas
Listing Office: Unlimited Realty Inc
4243 N. Whipple St. Chicago

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