3 Flat 4232 Ashland Lake View Chicago IL Mu Inves| Chicago Property Listings – X Plus Real Estate

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3 Flat 4232 Ashland Lake View Chicago IL Mu Inves

City: Chicago ZIP: 60613

Built In: 1916

Lot Size: A

Lot Dimensions: 30X153

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Unit 3 Floor L: 1 bedrooms 1 baths $1200

Detailed Listing Description

Absolutely beautiful and incredibly maintained vintage 2-flat on an oversized 30x153 lot in Ravenswood school district. Perfect for investors or live-in owners. Original stained glass, built-ins and natural woodwork. Gleaming hardwood floors throughout, high ceilings and gorgeous updated, eat-in kitchens plus rear decks off each unit. At roughly 1400sf, each unit features striking foyers, huge living rooms, sunrooms, formal dining and sitting rooms that overlook the beautifully landscaped rear yard with brick paver patio. The finished lower level includes a spacious in-law apartment with bamboo floors, stainless steel appliances, big living/dining area, storage, office and use of shared free laundry. Additional storage and full size washer/dryer finish out the lower level space. Two-car brick garage. Great backyard to entertain or enjoy the spacious garden. Neither broker or owner represents the legality of the in-law apartment. Tenant occupied beginning April 1. Unit 1 is owner occupi

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
  • Tenant Pays Unit 3B,C
Appliances
  • Appliances Unit 1A,B,E,F,G,J,K,N,Q,S
  • Appliances Unit 2A,B,C,D,E,F,J,K,N,P,S
  • Appliances Unit 3A,B,C,D,E,F
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60613

Listings in this Zip Code average: 2 to 3 units, and are priced at $750,873 to $1,005,200
This listing is 24% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Lake View

Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,039,522 to $1,694,786
This listing is 27% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $14,400 Monthly $1,200
Rental Income Stabilized : Annual $55,524 Monthly $4,627
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$759,0003$253,000-1.67%52.710.61%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,200$4,627
Year Total$14,400$55,524
Expense
Total$27,095$27,095
Net Operating Income$-12,695$28,429
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9184 $25429 $34613 $2885
Total         $9,184 $25,429 $34,613   $-47,308 $9,184 $-38,124
Stabilized         $9,184 $25,429 $34,613   $-6,184 $9,184 $3,000
Custom         $9184 $25429 $34613   $-6184 $9184 $3000




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1569,2502,8857502,1357502,1352,885
2568,5002,8857532,1321,5034,2675,770
3567,7472,8857562,1292,2596,3968,655
4566,9912,8857592,1263,0188,52211,540
5566,2322,8857622,1233,78010,64514,425
6565,4702,8857642,1214,54412,76617,310
7564,7062,8857672,1185,31214,88320,195
8563,9382,8857702,1156,08216,99823,080
9563,1682,8857732,1126,85519,11025,965
10562,3952,8857762,1097,63121,21928,850
11561,6192,8857792,1068,41023,32531,735
12560,8402,8857822,1039,19225,42834,620
13560,0582,8857852,1009,97727,52837,505

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Listing Agent: Lynn Briskin
Listing Office: @properties
1620 N. Sherman Ave, Ste A Evanston

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