3 Flat 3818 WILcox West Garfield Park Chicago IL | Chicago Property Listings – X Plus Real Estate

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3 Flat 3818 WILcox West Garfield Park Chicago IL

City: Chicago ZIP: 60624

Built In: 1902

Lot Size: L

Lot Dimensions: 26 X 123

Lot Description: E

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 2 baths $TBD

Unit 2 Floor 2: 2 bedrooms 1 baths $VACT

Unit 3 Floor 2: 1 bedrooms 1 baths $TBD

Detailed Listing Description

Solid, large and stately Greystone/brick 3 unit building located in the West Garfield Park neighborhood and features hardwood floors, wood-beamed ceilings, built-in wood cabinets, spacious rooms, formal dining room, eat-in kitchens, pantries and much more. This building has been Family-owned for many years and is awaiting a purchaser's updating and decorating. This building is located on a residential block of 2 Flat buildings and across the street from the full amenity Garfield Park. The building is convenient to public transportation, schools, shopping, recreation, houses of worship, Interstate 290 and much more.

Additional Property Details

Garage & Parking
  • ParkingN
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1B
  • Tenant Pays Unit 2B
  • Tenant Pays Unit 3B
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Appliances Unit 3O
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60624

Listings in this Zip Code average: 2 to 3 units, and are priced at $130,267 to $183,760
This listing is 3% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - West Garfield Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $104,270 to $150,976
This listing is 26% more than other 3 unit listings in this neighborhood.

Calculated Rents
Rental Income : Annual $27,252 Monthly $2,271
Rental Income Stabilized : Annual $29,400 Monthly $2,450
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,271$2,450
Year Total$27,252$29,400
Net Operating Income$9,847$11,995
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $2298 $6363 $8661 $722
Total         $2,298 $6,363 $8,661   $1,186 $2,298 $3,484
Stabilized         $2,298 $6,363 $8,661   $3,334 $2,298 $5,632
Custom         $2298 $6363 $8661   $3334 $2298 $5632

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Ronald Branch
Listing Office: RLB Realty Group, Inc.
2600 S Michigan Ave #410 Chicago

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