2 Flat 2614 78th South Shore Chicago IL Mu Invest| Chicago Property Listings – X Plus Real Estate

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2 Flat 2614 78th South Shore Chicago IL Mu Invest

City: Chicago ZIP: 60649

Built In: 1910

Lot Size: A

Lot Dimensions: 39 × 140

# of Units: 2

Unit 1 Floor 1: 4 bedrooms 2 baths $N/A

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

Detailed Listing Description

All brick South Shore 2-flat with duplexed 2900sqft owners unit on first floor. This upgraded unit features a drain tile system, newer kitchen with kitchen stainless steel appliances and recessed lights throughout. 4beds and 2baths in first floor duplex. The 2nd floor has 1500 square feet and features 3 beds and 1bath. Hardwood floors with upgraded lighting and upgraded stainless steel appliances. Each unit has its own laundry, hot water heater, and furnace. The newly poured driveway allows for 3 to 5 cars. Upgraded copper plumbing thru out. Working with experienced short sale attorney.

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces4
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D,I
  • Tenant Pays Unit 2B,C,D,I
  • 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: 60649

Listings in this Zip Code average: 5 to 6 units, and are priced at $519,000 to $327,132
This listing is 60% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - South Shore

Listings in this Neighborhood average: 5 to 6 units, with average prices of $383,300 to $319,775
This listing is 77% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $13,800 Monthly $1,150
Rental Income Stabilized : Annual $13,152 Monthly $1,096
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,150$1,096
Year Total$13,800$13,152
Net Operating Income$892$244
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $3328 $9214 $12542 $1046
Total         $3,328 $9,214 $12,542   $-11,650 $3,328 $-8,322
Stabilized         $3,328 $9,214 $12,542   $-12,298 $3,328 $-8,970
Custom         $3328 $9214 $12542   $-12298 $3328 $-8970

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Ashley Kaehn
Listing Office: Compass

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