3 Flat 2640 Haddon West Town Chicago IL Mu Invest| Chicago Property Listings – X Plus Real Estate

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3 Flat 2640 Haddon West Town Chicago IL Mu Invest

City: Chicago ZIP: 60622

Built In: 1925

Lot Size: B

Lot Dimensions: 25X125

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 1 baths $OWNE

Unit 2 Floor 2: 3 bedrooms 1 baths $1075

Unit 3 Floor 3: 3 bedrooms 1 baths $VACA

Detailed Listing Description

Great opportunity to acquire a Brick 3 flat. Located in the Highly desirable Ukrainian Village North area. This property boasts of ample units featuring formal living rooms and separate dining rooms, nice sized kitchens, decorative fireplaces & 3 bedrooms on each floor. It has a finished basement and a 2 car Brick Garage. Brand New Roof 10/2019. It is located a block away from the park and minutes away from all the stores and restaurants On Division, Western and Damen Avenues expressway and Blue line.Great for Investors or a New home Owner. Property being "Sold As Is"

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
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: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 1% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 6% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $50,280 Monthly $4,190
Rental Income Stabilized : Annual $71,580 Monthly $5,965
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$925,0003$308,3333.51%18.400.64%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,190$5,965
Year Total$50,280$71,580
Expense
Total$17,781$17,781
Net Operating Income$32,499$53,799
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $11192 $30990 $42182 $3516
Total         $11,192 $30,990 $42,182   $-9,683 $11,192 $1,509
Stabilized         $11,192 $30,990 $42,182   $11,617 $11,192 $22,809
Custom         $11192 $30990 $42182   $11617 $11192 $22809




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1693,7503,5169142,6029142,6023,516
2692,8363,5169182,5981,8325,2007,032
3691,9183,5169212,5952,7547,79410,548
4690,9963,5169252,5913,67810,38614,064
5690,0723,5169282,5884,60712,97317,580
6689,1433,5169322,5845,53815,55821,096
7688,2123,5169352,5816,47418,13824,612
8687,2763,5169392,5777,41220,71628,128
9686,3383,5169422,5748,35423,29031,644
10685,3963,5169462,5709,30025,86035,160
11684,4503,5169492,56710,25028,42638,676
12683,5003,5169532,56311,20230,99042,192
13682,5483,5169562,56012,15933,54945,708

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Listing Agent: Gerardo Galan
Listing Office: Galan Realty
1510 W. Walton Chicago

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