2 Flat 5842 Giddings Portage Park Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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2 Flat 5842 Giddings Portage Park Chicago IL Mu I

City: Chicago ZIP: 60630

Built In: 1965

Lot Size: A

Lot Dimensions: 4166

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 1 baths $VAC

Unit 2 Floor 2: 3 bedrooms 1 baths $VAC

Detailed Listing Description

Great Jefferson Park Location! Brick 2 flat with full finished basement. 2 good sized apartments, with 1320 sq. ft. each! Both units with great sun exposure feature 3 bedrooms, 1.1 baths with good sized living room/dining room combo. Kitchen with large eating area. Both units feature hardwood floors throughout! Amazing FINISHED basement with front and rear entrances, including rec room(38'x14') with heated floors, laundry room(16'x13') with double sink and tons of storage, including 3 walk in closets and FULL BATH. 1st floor has only ever been owner occupied and 2nd floor has only had 4 long term tenants since the property was built! 2nd floor painted throughout in 2019. Amazingly well cared for. 2.5 car brick garage with 7 foot garage door. Large patio with great fenced back yard. Within walking distance ti schools, shopping, transportation, parks post office, and more! Great solid building waiting for its new owner!

Additional Property Details

Garage & Parking
  • Gargage DetailsA,F
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2.5
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
  • Appliances Unit 1B,S,W,X
  • Appliances Unit 2B,S,W,X
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60630

Listings in this Zip Code average: 2 to 3 units, and are priced at $387,305 to $445,558
This listing is 29% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 41% more than other 2 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $32,400 Monthly $2,700
Rental Income Stabilized : Annual $36,000 Monthly $3,000
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,700$3,000
Year Total$32,400$36,000
Net Operating Income$19,731$23,331
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $6036 $16712 $22748 $1896
Total         $6,036 $16,712 $22,748   $-3,017 $6,036 $3,019
Stabilized         $6,036 $16,712 $22,748   $583 $6,036 $6,619
Custom         $6036 $16712 $22748   $583 $6036 $6619

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Barbara Florczyk
Listing Office: RE/MAX AllStars

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