3 Flat 2142 Fairfield South Lawndale Chicago IL M| Chicago Property Listings – X Plus Real Estate

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3 Flat 2142 Fairfield South Lawndale Chicago IL M

City: Chicago ZIP: 60608

Built In: 1892

Lot Size: A

Lot Dimensions: 25X125

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $N/A

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

Unit 3 Floor 2: 2 bedrooms 1 baths $N/A

Detailed Listing Description

GREAT INVESTMENT OPPORTUNITY! 3 UNIT BRICK COMPLETE GUTTED W/T COACH HOUSE, 1ST FLOOR OFFERING POTENTIAL LIVING ROOM, DINING ROOM, 3 BEDROOMS, CABINET KITCHEN & FULL BATH! 2ND FLOOR APARTMENTS FEATURING POTENTIAL LIVING ROOM, 2 BEDROOMS, KITCHEN & FULL BATH! COACH HOUSE OFFERING LIVING ROOM, 2 BEDROOMS, KITCHEN & FULL BATH! COMMUTER FRIENDLY, CLOSE TO SHOPPING, DINING & RECREATION! PROPERTY IS BEING SOLD "AS-IS" (ZONING RT-4)

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Tenant Pays Unit 3A
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Appliances Unit 3O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60608

Listings in this Zip Code average: 3 to 4 units, and are priced at $367,244 to $450,309
This listing is 33% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - South Lawndale

Listings in this Neighborhood average: 2 to 3 units, with average prices of $160,576 to $189,327
This listing is 29% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $42,300 Monthly $3,525
Rental Income Stabilized : Annual $54,252 Monthly $4,521
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$244,9993$81,66610.73%5.791.85%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,525$4,521
Year Total$42,300$54,252
Expense
Total$16,013$16,013
Net Operating Income$26,287$38,239
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2965 $8209 $11174 $932
Total         $2,965 $8,209 $11,174   $15,113 $2,965 $18,078
Stabilized         $2,965 $8,209 $11,174   $27,065 $2,965 $30,030
Custom         $2965 $8209 $11174   $27065 $2965 $30030




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1183,750932243689243689932
2183,5079322446884871,3771,864
3183,2639322456877322,0642,796
4183,0189322466869772,7513,728
5182,7739322476851,2243,4364,660
6182,5269322486841,4714,1215,592
7182,2799322486841,7204,8046,524
8182,0309322496831,9695,4877,456
9181,7819322506822,2206,1688,388
10181,5309322516812,4716,8499,320
11181,2799322526802,7237,52910,252
12181,0279322536792,9768,20811,184
13180,7749322546783,2308,88612,116

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Listing Agent: Luis Ortiz
Listing Office: RE/MAX Partners
6420 Cermak Rd Berwyn

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