2 Flat 7911 Kedvale Skokie IL Mu Investment | Chicago Property Listings – X Plus Real Estate

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2 Flat 7911 Kedvale Skokie IL Mu Investment

City: Skokie ZIP: 60076

Built In: U

Lot Size: A

Lot Dimensions: 40 X 123

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 2 baths $1800

Unit 2 Floor 2: 3 bedrooms 2 baths $1900

Detailed Listing Description

Back on the Market and Reduced to Sell! Skokie Wider than all the others, allows for a separate living room, separate dining room and 3 very large bedrooms plus 2 baths per floor. Hardwood Floors throughout. Central Air Conditioning in Each Unit. Laundry In Basement. Additional large open room in basement, 4 steps below grade, with a bathroom; was used as family room when building was owner occupied. Attached 2 car garage, building also has alley, allows for additional 2 car garage to be built. Building is in great condition, it does need light cosmetic upgrades in kitchens and bathrooms but overall it is in move-in condition. Fabulous Skokie location close to it all, highly Ranked John Middleton Elementary, Rental Income in the $1,800 - $1,900 range per unit. Must see to appreciate, Easy to Show.

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Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeA
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces2
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,I,S
  • Appliances Unit 2A,B,I,S
Schools
  • Grade School District73.5
  • Jr High/Middle School District73.5
  • High School District219

Comparative Data

Zip Code Comparison: 60076

Listings in this Zip Code average: 3 to 4 units, and are priced at $529,450 to $533,271
This listing is 37% more than other 2 unit listings in this zipcode.


Calculated Rents
Rental Income : Annual $44,400 Monthly $3,700
Rental Income Stabilized : Annual $44,100 Monthly $3,675
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$540,0002$270,0003.44%12.160.68%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,700$3,675
Year Total$44,400$44,100
Expense
Total$25,840$25,840
Net Operating Income$18,560$18,260
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $6534 $18092 $24626 $2053
Total         $6,534 $18,092 $24,626   $-6,066 $6,534 $468
Stabilized         $6,534 $18,092 $24,626   $-6,366 $6,534 $168
Custom         $6534 $18092 $24626   $-6366 $6534 $168




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1405,0002,0535341,5195341,5192,053
2404,4662,0535361,5171,0713,0354,106
3403,9292,0535381,5151,6094,5506,159
4403,3912,0535401,5132,1496,0638,212
5402,8512,0535421,5112,6917,57410,265
6402,3092,0535441,5093,2369,08212,318
7401,7642,0535461,5073,78210,58914,371
8401,2182,0535481,5054,33112,09316,424
9400,6692,0535501,5034,88113,59618,477
10400,1192,0535531,5005,43415,09620,530
11399,5662,0535551,4985,98816,59522,583
12399,0122,0535571,4966,54518,09124,636
13398,4552,0535591,4947,10419,58526,689

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