2 Flat 6544 Evans Woodlawn Chicago IL Mu Investme| Chicago Property Listings – X Plus Real Estate

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2 Flat 6544 Evans Woodlawn Chicago IL Mu Investme

City: Chicago ZIP: 60637

Built In: 1900

Lot Size: A

Lot Dimensions: 2928

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $0

Unit 2 Floor 2: 3 bedrooms 1 baths $0

Detailed Listing Description

Rehabbed brick two flat with tons of character! All new kitchens, baths, fixtures, finishes, and more. Duplex down with three bedrooms, large living/dining room, all new kitchen, main level family room, two full baths, and lower level recreation room. Second floor unit with three bedrooms, large living/dining room, all new kitchen, family room, full bath and balcony. New furnaces, prepped for A/C. Enclosed front and rear yard with covered front porch and detached two car garage. Easy access to I90/94, public tran, Lake Michigan, Jackson Park, The University of Chicago, Downtown and more! Perfect for an owner occupant, great income opportunity.

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 1J
  • Tenant Pays Unit 2J
Appliances
  • Appliances Unit 1A,B,F,P,S
  • Appliances Unit 2A,B,F,S
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60637

Listings in this Zip Code average: 3 to 4 units, and are priced at $206,769 to $289,938
This listing is 143% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Woodlawn

Listings in this Neighborhood average: 3 to 4 units, with average prices of $208,776 to $297,430
This listing is 130% 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 $25,680 Monthly $2,140
Rental Income Stabilized : Annual $32,100 Monthly $2,675
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$309,9002$154,9504.02%12.070.86%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,140$2,675
Year Total$25,680$32,100
Expense
Total$13,223$13,223
Net Operating Income$12,457$18,877
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $3750 $10383 $14133 $1178
Total         $3,750 $10,383 $14,133   $-1,676 $3,750 $2,074
Stabilized         $3,750 $10,383 $14,133   $4,744 $3,750 $8,494
Custom         $3750 $10383 $14133   $4744 $3750 $8494




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1232,4251,1783068723068721,178
2232,1191,1783088706141,7422,356
3231,8111,1783098699232,6113,534
4231,5021,1783108681,2333,4794,712
5231,1921,1783118671,5444,3465,890
6230,8811,1783128661,8565,2127,068
7230,5691,1783138652,1696,0778,246
8230,2561,1783158632,4846,9409,424
9229,9411,1783168622,7997,80310,602
10229,6261,1783178613,1168,66411,780
11229,3091,1783188603,4349,52412,958
12228,9911,1783198593,75410,38214,136
13228,6711,1783208584,07411,24015,314

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Listing Agent: Jason O'Beirne
Listing Office: Jameson Sotheby's Intl Realty
333 W North Ave #345 Chicago

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