3 Flat 6500 Bishop West Englewood Chicago IL Mu I| Chicago Property Listings – X Plus Real Estate

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3 Flat 6500 Bishop West Englewood Chicago IL Mu I

City: Chicago ZIP: 60636

Built In: 1890

Lot Size: A

Lot Dimensions: 64X124

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $8255

Unit 2 Floor 2: 3 bedrooms 1 baths $850

Unit 3 Floor 1: 2 bedrooms 1 baths $850

Detailed Listing Description

Well kept 3-unit, potentially generating $30,000 per year.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C
  • Tenant Pays Unit 2B,C
  • Tenant Pays Unit 3B,C
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: 60636

Listings in this Zip Code average: 2 to 3 units, and are priced at $83,983 to $115,760
This listing is 12% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Englewood

Listings in this Neighborhood average: 2 to 3 units, with average prices of $83,071 to $128,450
This listing is 1% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $9,955 Monthly $830
Rental Income Stabilized : Annual $9,904 Monthly $825
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$129,9003$43,300-5.47%13.057.62%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$830$825
Year Total$9,955$9,904
Expense
Total$17,056$17,056
Net Operating Income$-7,101$-7,152
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $1572 $4352 $5924 $494
Total         $1,572 $4,352 $5,924   $-13,025 $1,572 $-11,453
Stabilized         $1,572 $4,352 $5,924   $-13,076 $1,572 $-11,504
Custom         $1572 $4352 $5924   $-13076 $1572 $-11504




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
197,425494129365129365494
297,296494129365258730988
397,1674941303643871,0951,482
497,0384941303645181,4581,976
596,9074941313636481,8222,470
696,7774941313637792,1852,964
796,6464941323629112,5473,458
896,5144941323621,0432,9093,952
996,3824941333611,1753,2714,446
1096,2504941333611,3083,6324,940
1196,1174941343601,4423,9925,434
1295,9834941343601,5764,3525,928
1395,8494941353591,7114,7116,422

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Listing Agent: Ryan Casper
Listing Office: d'aprile properties
1732 W Hubbard #2A Chicago

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