2 Flat 3624 Flournoy East Garfield Park Chicago I| Chicago Property Listings – X Plus Real Estate

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2 Flat 3624 Flournoy East Garfield Park Chicago I

City: Chicago ZIP: 60624

Built In: U

Lot Size: A

Lot Dimensions: 25X125

Lot Description: O

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $600

Unit 2 Floor 2: 3 bedrooms 1 baths $1200

Detailed Listing Description

GREAT 2 FLAT ON A GREAT BLOCK!! Let your tenants pay the mortgage here; Fenced, Brick, 7 Bedroom, 3 Baths, Wood Floors, Finished Basement, 2 Car Garage, Block from i290 Expressway, Garfield Park Conservatory & More....

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
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Appliances Unit 1A,B,C,D
  • Appliances Unit 2A,B
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60624

Listings in this Zip Code average: 2 to 3 units, and are priced at $130,267 to $183,760
This listing is 68% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - East Garfield Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $163,212 to $277,575
This listing is 34% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $21,600 Monthly $1,800
Rental Income Stabilized : Annual $25,140 Monthly $2,095
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,800$2,095
Year Total$21,600$25,140
Net Operating Income$8,825$12,365
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $2650 $7338 $9988 $833
Total         $2,650 $7,338 $9,988   $-1,163 $2,650 $1,487
Stabilized         $2,650 $7,338 $9,988   $2,377 $2,650 $5,027
Custom         $2650 $7338 $9988   $2377 $2650 $5027

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Shevon Johnson
Listing Office: KRGW Realty, LLC
1012 N Austin Blvd, #2N Oak Park

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