2 Flat 3651 Bernard Irving Park Chicago IL Mu Inv| Chicago Property Listings – X Plus Real Estate

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2 Flat 3651 Bernard Irving Park Chicago IL Mu Inv

City: Chicago ZIP: 60618

Built In: 1918

Lot Size: K

Lot Dimensions: 33X125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1400

Unit 2 Floor 2: 2 bedrooms 1 baths $1550

Detailed Listing Description

Beautiful 2 unit property in Avondale. Both units offer 2 bedrooms and 1 bathroom with hardwood floors throughout, separate dining room and living room as well as small sun room off of the rear. These units are in great shape and well maintained. Kitchen remodeled with stainless steel appliances and granite counter tops. Washer and dryer in basement. Newly redone 2 car garage included in the price. Easy access to Blue line and highway 90/94. Easy street parking.

Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • 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
  • Tenant Pays Unit 2B,C
Appliances
  • Appliances Unit 1A,B,E,F,P
  • Appliances Unit 2A,B,E,F
Schools
  • Grade SchoolMurphy Elementary School
  • Grade School District299
  • Jr High/Middle SchoolMurphy Elementary School
  • Jr High/Middle School District299
  • High SchoolSchurz High School
  • 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 4% 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 16% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $35,400 Monthly $2,950
Rental Income Stabilized : Annual $35,196 Monthly $2,933
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$500,0002$250,0003.16%14.120.59%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,950$2,933
Year Total$35,400$35,196
Expense
Total$19,612$19,612
Net Operating Income$15,788$15,584
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6050 $16752 $22802 $1901
Total         $6,050 $16,752 $22,802   $-7,014 $6,050 $-964
Stabilized         $6,050 $16,752 $22,802   $-7,218 $6,050 $-1,168
Custom         $6050 $16752 $22802   $-7218 $6050 $-1168




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1375,0001,9014951,4064951,4061,901
2374,5051,9014971,4049912,8113,802
3374,0091,9014981,4031,4904,2135,703
4373,5101,9015001,4011,9905,6147,604
5373,0101,9015021,3992,4927,0139,505
6372,5081,9015041,3972,9968,41011,406
7372,0041,9015061,3953,5029,80513,307
8371,4981,9015081,3934,01011,19815,208
9370,9901,9015101,3914,52012,58917,109
10370,4801,9015121,3895,03213,97819,010
11369,9681,9015141,3875,54515,36620,911
12369,4551,9015161,3856,06116,75122,812
13368,9391,9015171,3846,57818,13524,713

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Listing Agent: Grigory Pekarsky
Listing Office: Vesta Preferred LLC
1001 N. Milwaukee ste 401 Chicago

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