2 Flat 4152 Mozart Irving Park Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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2 Flat 4152 Mozart Irving Park Chicago IL Mu Inve

City: Chicago ZIP: 60618

Built In: 1916

Lot Size: A

Lot Dimensions: 34 X 125

# of Units: 2

Unit 1 Floor 1: 5 bedrooms 2 baths $2930

Unit 2 Floor 2: 3 bedrooms 1 baths $1775

Gross Income $56,400

Net Op. Income $56,400

Detailed Listing Description

Massive red-brick, 2-flat in desirable Irving Park neighborhood. Brand new turn-key premium-rent rehab for investor. 2-flat with 1st floor duplexed down to newly finished basement for a total of 5 bedrooms and two baths. Second floor improved with three bedrooms and one bath. Large spacious floors with high ceilings, open floor plan with big bedrooms and closets. All new upgraded plumbing & electrical, forced air heat units, water tanks, laundry room and high-end condo finishes, appliances and granite counters. Enclosed sun rooms and back porches on 1st & 2nd floors, along with a shared driveway that leads to a two car garage and large backyard. This beauty is set in a quiet Tree-lined street, one block away from Horner Park, restaurants, shops and nightlife. Buyer will not be dissapointed, show and sell.

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,E,F,K,Q,S
  • Appliances Unit 2A,B,E,F,K,Q,S
Schools
  • Grade SchoolBateman Elementary School
  • 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 48% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Irving Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
This listing is 65% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $56,460 Monthly $4,705
Rental Income Stabilized : Annual $55,632 Monthly $4,636
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$709,9002$354,9504.68%12.570.65%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,705$4,636
Year Total$56,460$55,632
Expense
Total$23,231$23,231
Net Operating Income$33,229$32,401
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $8590 $23784 $32374 $2698
Total         $8,590 $23,784 $32,374   $855 $8,590 $9,445
Stabilized         $8,590 $23,784 $32,374   $27 $8,590 $8,617
Custom         $8590 $23784 $32374   $27 $8590 $8617




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1532,4252,6987011,9977011,9972,698
2531,7242,6987041,9941,4053,9915,396
3531,0202,6987071,9912,1125,9828,094
4530,3132,6987091,9892,8217,97110,792
5529,6042,6987121,9863,5339,95713,490
6528,8922,6987151,9834,24811,94016,188
7528,1772,6987171,9814,96513,92118,886
8527,4602,6987201,9785,68515,89921,584
9526,7402,6987231,9756,40817,87424,282
10526,0172,6987251,9737,13419,84626,980
11525,2912,6987281,9707,86221,81629,678
12524,5632,6987311,9678,59323,78332,376
13523,8322,6987341,9649,32625,74835,074

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Listing Agent: Hector Alfaro
Listing Office: Nelly Corp Realty
5150 N Mission Dr Norridge

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