2 Flat 4218 Troy Irving Park Chicago IL Mu Invest| Chicago Property Listings – X Plus Real Estate

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    2 Flat 4218 Troy Irving Park Chicago IL Mu Invest

    City: Chicago ZIP: 60618

    Built In: 1914

    Lot Size: A

    Lot Dimensions: 37.5X125

    # of Units: 2

    Unit 1 Floor 1: 2 bedrooms 1 baths $0

    Unit 2 Floor 2: 2 bedrooms 1 baths $0

    Detailed Listing Description

    Two flat in the heart of Horner Park! Located on a 37.5 wide lot! The two flat could be a candidate for a SFH conversion or keep as a two flat and collect the rents. The two flat boasts two 2 bedroom 1 bath apartments with granite/stainless steel appliances and separate HVAC systems. Basement is partially finished and could be a duplex down owners unit as well.

    Additional Property Details

    Garage & Parking
    • Gargage DetailsA
    • Gargage On SiteY
    • Gargage OwnershipA
    • Gargage TypeB
    • Number of Gargage Spaces2
    • ParkingG,S
    • Number of Parking Spaces1
    • Parking on SiteY
    • Parking OwnershipA
    • Parking Fee/Lease Amount0
    • Tenant Pays Unit 1A
    • Tenant Pays Unit 2A
    • Appliances Unit 1A,B,C,D,E,I,P
    • Appliances Unit 2C,D,I
    • Grade SchoolBateman Elementary School
    • Grade School District299
    • Jr High/Middle School District299
    • High School District299

    Comparative Data

    Zip Code Comparison: 60618

    Listings in this Zip Code average: 2 to 3 units, and are priced at $481,048 to $587,571
    This listing is 3% more than other 2 unit listings in this zipcode.

    Neighborhood Comparison:
    CHI - Irving Park

    Listings in this Neighborhood average: 2 to 3 units, with average prices of $430,448 to $506,647
    This listing is 15% more than other 2 unit listings in this neighborhood.

    This property provided no rental pricing information. Rents extrapolated from area average rental pric ing

    Calculated Rents
    Rental Income : Annual $28,157 Monthly $2,346
    Rental Income Stabilized : Annual $35,196 Monthly $2,933
    Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
    Unit TypeCurrent RateStabilized RateCustom Rate
    Monthly Total$2,346$2,933
    Year Total$28,157$35,196
    Net Operating Income$12,672$19,711
    Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
    Mortgage $5990 $16584 $22574 $1882
    Total         $5,990 $16,584 $22,574   $-9,902 $5,990 $-3,912
    Stabilized         $5,990 $16,584 $22,574   $-2,863 $5,990 $3,127
    Custom         $5990 $16584 $22574   $-2863 $5990 $3127

    MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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    Listing Agent: Peter Moore
    Listing Office: Baird & Warner
    737 N. Michigan Ave #1800 Chicago

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