2 Flat 1710 Rockwell West Town Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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2 Flat 1710 Rockwell West Town Chicago IL Mu Inve

City: Chicago ZIP: 60647

Built In: 1892

Lot Size: A

Lot Dimensions: 3000

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $1000

Detailed Listing Description

OPPORTUNITY KNOCKS! This charming 2-Flat 2-unit building features 4 bedrooms 2 bathrooms. Each unit has 2 bedrooms 1 bath, living room, formal dining room, large eat-in kitchen. Wood laminate flooring and lots of natural lighting throughout. There's also a full unfinished basement with tons of space for expanding your creativity! Exterior has a fenced yard and a 2-car detached garage. This home is great for a savvy investor or family! 2nd Floor unit leased - STEADY CASH FLOW!! Excellent location; close to public transportation, restaurants, coffee shops, cafes, and schools. Don't miss out--- Schedule your private tour today!

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 1J
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1A,B,F
  • Appliances Unit 2A,B,F
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 13% more than other 2 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 25% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $12,000 Monthly $1,000
Rental Income Stabilized : Annual $42,144 Monthly $3,512
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$449,9002$224,950-1.41%37.490.78%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,000$3,512
Year Total$12,000$42,144
Expense
Total$18,327$18,327
Net Operating Income$-6,327$23,817
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5444 $15073 $20517 $1710
Total         $5,444 $15,073 $20,517   $-26,844 $5,444 $-21,400
Stabilized         $5,444 $15,073 $20,517   $3,300 $5,444 $8,744
Custom         $5444 $15073 $20517   $3300 $5444 $8744




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1337,4251,7104451,2654451,2651,710
2336,9801,7104461,2648912,5293,420
3336,5341,7104481,2621,3393,7915,130
4336,0861,7104501,2601,7895,0516,840
5335,6361,7104511,2592,2406,3108,550
6335,1851,7104531,2572,6937,56710,260
7334,7321,7104551,2553,1488,82211,970
8334,2771,7104561,2543,60410,07613,680
9333,8211,7104581,2524,06211,32815,390
10333,3631,7104601,2504,52212,57817,100
11332,9031,7104621,2484,98413,82618,810
12332,4411,7104631,2475,44715,07320,520
13331,9781,7104651,2455,91216,31822,230

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Listing Agent: Frank Montro
Listing Office: Keller Williams Preferred Rlty

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