2 Flat 419 Valley Arlington Heights IL Mu Investm| Chicago Property Listings – X Plus Real Estate

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2 Flat 419 Valley Arlington Heights IL Mu Investm

City: Arlington Heights ZIP: 60004

Built In: 1969

Lot Size: A

Lot Dimensions: 6120

Lot Description: H

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $0

Unit 2 Floor 1: 3 bedrooms 2 baths $0

Detailed Listing Description

Half-blk to Ivy Hill K-5 School, 2 blks to Lake Arlington, around the corner tons of stores, this well-built, big, all brick 2-story, 2-unit 3,350 sq. ft. side by side duplex is a rarely available product. Ea. unit offers over 1600 sq. ft., 3 BR, 2.1 BA, sep. furnace/AC, shared fin. bsmt., shared 2-car garage, paver patio, yard. Roof 2018. Both Furnaces (Trane), AC, sump pump & backup, garage door, driveway, garage floor & cleanout, gutter guards, attic insulation, copper plumbing, electric box, bsmt. windows, washer/dryer ALL less than 5 yrs. old! Ea. unit its own look, different updates. 6-panel white doors throughout, some hardwd. floors, s.s. appliances one unit, bathroom. updates w/handicap accessible roll-in shower 1st flr one unit. ADA wheelchair ramp in garage for unit 419. 6 ceiling fans total. Sunny southern exposure kitchens w/exit to patio. 3 flat screen TVs INCLUDED. Perfect product for extended family. Electric and gas are seperate, water bill is shared.Original owner n

Additional Property Details

Garage & Parking
  • Gargage DetailsA,B
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeA
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1J
  • Tenant Pays Unit 2J
  • Appliances Unit 1A,B,C,D,E,F,G,V
  • Appliances Unit 2A,B,C,D,E,F,G,I
  • Grade SchoolIvy Hill Elementary School
  • Grade School District25
  • Jr High/Middle SchoolThomas Middle School
  • Jr High/Middle School District25
  • High SchoolBuffalo Grove High School
  • High School District214

Comparative Data

Zip Code Comparison: 60004

Listings in this Zip Code average: 4 to 5 units,

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

Calculated Rents
Rental Income : Annual $50,861 Monthly $4,238
Rental Income Stabilized : Annual $63,576 Monthly $5,298
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,238$5,298
Year Total$50,861$63,576
Net Operating Income$28,433$41,148
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $5444 $15073 $20517 $1710
Total         $5,444 $15,073 $20,517   $7,916 $5,444 $13,360
Stabilized         $5,444 $15,073 $20,517   $20,631 $5,444 $26,075
Custom         $5444 $15073 $20517   $20631 $5444 $26075

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: William Baker
Listing Office: Coldwell Banker Residential Brokerage

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