4 Flat 505 7th Flagg Center HILlcrest Kings | Chicago Property Listings – X Plus Real Estate

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4 Flat 505 7th Flagg Center HILlcrest Kings

City: Rochelle ZIP: 61068

Built In: 1915

Lot Size: A

Lot Dimensions: 84X123

# of Units: 4

Unit 1 Floor 1: 1 bedrooms 1 baths $$525

Unit 2 Floor 2: 2 bedrooms 1 baths $$625

Unit 3 Floor 1: 2 bedrooms 1 baths $$650

Unit 4 Floor 1: 1 bedrooms 1 baths $$500

Detailed Listing Description

Investor alert... this 4 unit in a great area of Rochelle across from police station ... it has updated kitchens and baths... tenants pay all utilities except garbage... easy to rent... leases right now are month to month since 3 of the units have had long time tenants. One unit vacant right now for easy showings...

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces4
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Tenant Pays Unit 3A
  • Tenant Pays Unit 4A
Appliances
  • Appliances Unit 1A,B
  • Appliances Unit 2A,B
  • Appliances Unit 3A,B
  • Appliances Unit 4A,B
Schools
  • Grade School District231
  • Jr High/Middle School District231
  • High SchoolRochelle Township High School
  • High School District212

Comparative Data

Zip Code Comparison: 61068

Listings in this Zip Code average: 4 units,


Calculated Rents
Rental Income : Annual $6,000 Monthly $500
Rental Income Stabilized : Annual $0 Monthly $0
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$192,0004$48,000-5.26%32.000.00%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$500$0
Year Total$6,000$0
Expense
Total$16,091$16,091
Net Operating Income$-10,091$-16,091
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $2324 $6433 $8757 $730
Total         $2,324 $6,433 $8,757   $-18,848 $2,324 $-16,524
Stabilized         $2,324 $6,433 $8,757   $-24,848 $2,324 $-22,524
Custom         $2324 $6433 $8757   $-24848 $2324 $-22524




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1144,000730190540190540730
2143,8107301915393811,0791,460
3143,6197301915395721,6182,190
4143,4287301925387642,1562,920
5143,2367301935379572,6933,650
6143,0437301945361,1513,2294,380
7142,8497301945361,3453,7655,110
8142,6557301955351,5404,3005,840
9142,4607301965341,7364,8346,570
10142,2647301975331,9325,3687,300
11142,0687301975332,1305,9008,030
12141,8707301985322,3286,4328,760
13141,6727301995312,5266,9649,490

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Listing Agent: Carinne Price-Kuehl
Listing Office: Century 21 Affiliated
6952 Rote Road Rockford

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