2 Flat 3102 St Louis Avondale Chicago IL Mu Inves| Chicago Property Listings – X Plus Real Estate

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2 Flat 3102 St Louis Avondale Chicago IL Mu Inves

City: Chicago ZIP: 60618

Built In: 1901

Lot Size: L

Lot Dimensions: 3175 SQFT

# of Units: 2

Unit 1 Floor 2: 3 bedrooms 2 baths $2700

Unit 2 Floor 1: 2 bedrooms 1 baths $1800

Detailed Listing Description

5 Minute Walk to Belmont Blue Line! Hot Logan Square, All New and Ready to Move in. Cash Flow Machine, Live-in or Rent Out! Duplex Up: 3 bed, 2 bath with Flex Space Dining Room or Family Room, Large Master Suite with Walk in Closets, Office Space and Private Deck. First Floor Simplex large 2 bed 1 bath, Eat-in Kitchen with Dining Area Space, Walk in Storage, Yard, Rare Find with Plenty of outdoor space for each unit. Great Finishes and Abundant Natural Light. New Separate Furnace Heat and Central Air for each unit, Separate In-Unit Laundries, New H2O Heaters, New Cooper Plumbing, New Electrical Throughout, New Roof! Perfectly Located, minutes to everything Chicago has to offer. A Must See!

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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,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,C,D,E,F,I,P,S,T,U
  • Appliances Unit 2A,B,C,D,E,F,I,P,U
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60618

Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
This listing is 37% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Avondale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $441,242 to $496,207
This listing is 50% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $54,000 Monthly $4,500
Rental Income Stabilized : Annual $47,220 Monthly $3,935
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$660,0002$330,0005.40%12.220.60%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,500$3,935
Year Total$54,000$47,220
Expense
Total$18,342$18,342
Net Operating Income$35,658$28,878
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7986 $22112 $30098 $2509
Total         $7,986 $22,112 $30,098   $5,560 $7,986 $13,546
Stabilized         $7,986 $22,112 $30,098   $-1,220 $7,986 $6,766
Custom         $7986 $22112 $30098   $-1220 $7986 $6766




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1495,0002,5096531,8566531,8562,509
2494,3472,5096551,8541,3083,7105,018
3493,6922,5096581,8511,9665,5617,527
4493,0342,5096601,8492,6267,41010,036
5492,3742,5096631,8463,2889,25712,545
6491,7122,5096651,8443,95311,10115,054
7491,0472,5096681,8414,62112,94217,563
8490,3792,5096701,8395,29114,78120,072
9489,7092,5096731,8365,96416,61722,581
10489,0362,5096751,8346,63918,45125,090
11488,3612,5096781,8317,31620,28327,599
12487,6842,5096801,8297,99722,11130,108
13487,0032,5096831,8268,67923,93832,617

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