2 Flat 856 Francisco West Town Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

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2 Flat 856 Francisco West Town Chicago IL Mu Inve

City: Chicago ZIP: 60622

Built In: 1910

Lot Size: A

Lot Dimensions: 30X123

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $0

Detailed Listing Description

This classic Chicago 2-flat has been lovingly cared for throughout the years, it was used as related living for over 25 years. Located in West town, this 2 flat has many possibilities .. convert to a single family or keep as an income property..The unfinished basement has many possibilities with the 7.5 ft ceilings. Each unit has separate utilities, original hard wood floors, built in oak buffets, original claw tubs, beautiful deck on the 1st floors 4 season room leads to a beautiful backyard with gorgeous perennials. Each unit is 1112 sq ft ..Relax on the front porch and overlook the 3 season garden . Lots of updates, furnace, water heaters, windows, roof.. You don't want to miss this gem!!

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces1
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60622

Listings in this Zip Code average: 3 to 4 units, and are priced at $915,555 to $975,918
This listing is 17% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Town

Listings in this Neighborhood average: 3 to 4 units, with average prices of $873,844 to $1,036,652
This listing is 5% 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 $32,659 Monthly $2,722
Rental Income Stabilized : Annual $40,824 Monthly $3,402
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$624,9002$312,4502.37%19.130.54%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,722$3,402
Year Total$32,659$40,824
Expense
Total$17,843$17,843
Net Operating Income$14,816$22,981
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7561 $20936 $28497 $2375
Total         $7,561 $20,936 $28,497   $-13,681 $7,561 $-6,120
Stabilized         $7,561 $20,936 $28,497   $-5,516 $7,561 $2,045
Custom         $7561 $20936 $28497   $-5516 $7561 $2045




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1468,6752,3756171,7586171,7582,375
2468,0582,3756201,7551,2373,5134,750
3467,4382,3756221,7531,8595,2667,125
4466,8162,3756241,7512,4847,0169,500
5466,1912,3756271,7483,1118,76411,875
6465,5642,3756291,7463,74010,51014,250
7464,9352,3756311,7444,37112,25416,625
8464,3042,3756341,7415,00513,99519,000
9463,6702,3756361,7395,64115,73421,375
10463,0342,3756391,7366,28017,47023,750
11462,3952,3756411,7346,92119,20426,125
12461,7542,3756431,7327,56420,93628,500
13461,1112,3756461,7298,21022,66530,875

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Listing Agent: Joan Kaufmann
Listing Office: Circled Squared Real Estate Services
10840 S Hoyne Chicago

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