2 Flat 3501 Whipple Avondale Chicago IL Mu Invest| Chicago Property Listings – X Plus Real Estate

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2 Flat 3501 Whipple Avondale Chicago IL Mu Invest

City: Chicago ZIP: 60618

Built In: 1917

Lot Size: A

Lot Dimensions: 3780

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1750

Unit 2 Floor 2: 2 bedrooms 1 baths $N/A

Detailed Listing Description

Location Location Location! Walking distance to Target, restaurants, playgrounds, Jewel, banks, etc. Minutes from expressways. Beautiful corner 2-flat with tons of natural light. Units feature hardwood floors. throughout, remodeled kitchens, laundry room black appliances (fridge, stove and microwave) built in shelving in living room. Extra large porches look onto private landscaped yard with brick paver walkway to garage. Call for more info

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,E
  • Tenant Pays Unit 2B,C
  • Appliances Unit 1A,B,F
  • Appliances Unit 2A,B,F
  • 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 4% 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 13% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $35,256 Monthly $2,938
Rental Income Stabilized : Annual $35,196 Monthly $2,933
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,938$2,933
Year Total$35,256$35,196
Net Operating Income$17,858$17,798
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $6049 $16748 $22797 $1900
Total         $6,049 $16,748 $22,797   $-4,939 $6,049 $1,110
Stabilized         $6,049 $16,748 $22,797   $-4,999 $6,049 $1,050
Custom         $6049 $16748 $22797   $-4999 $6049 $1050

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Sebastian Hernandez
Listing Office: Greater Chicago Real Estate Inc.
5750 W Newport Chicago

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