3 Flat 1321 MILlard North Lawndale Chicago IL Mu | Chicago Property Listings – X Plus Real Estate

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3 Flat 1321 MILlard North Lawndale Chicago IL Mu

City: Chicago ZIP: 60623

Built In: 1925

Lot Size: C

Lot Dimensions: 3125

# of Units: 3

Unit 1 Floor 1: 3 bedrooms 2 baths $0

Unit 2 Floor 2: 3 bedrooms 2 baths $0

Unit 3 Floor 3: 3 bedrooms 2 baths $0

Detailed Listing Description

Investors special for those serious investors out there who will capitalize on this three unit building that consists of three bedrooms in each with two baths which one of them is a master bath. Then as an extra, if that wasn't enough already the basement unit has two bedrooms and one bath as well. This is a building you will want to see to add to your investment portfolio. Schedule your showing today!

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Additional Property Details

Garage & Parking
  • ParkingS
  • 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
  • Tenant Pays Unit 3B,C,D
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Appliances Unit 3O
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60623

Listings in this Zip Code average: 2 to 3 units, and are priced at $152,017 to $172,200
This listing is 27% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - North Lawndale

Listings in this Neighborhood average: 3 to 4 units, with average prices of $179,950 to $259,170
This listing is 31% more than other 3 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 $12,480 Monthly $1,040
Rental Income Stabilized : Annual $15,600 Monthly $1,300
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$125,0003$41,667-3.25%10.021.04%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,040$1,300
Year Total$12,480$15,600
Expense
Total$16,547$16,547
Net Operating Income$-4,067$-947
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $1513 $4188 $5701 $476
Total         $1,513 $4,188 $5,701   $-9,768 $1,513 $-8,255
Stabilized         $1,513 $4,188 $5,701   $-6,648 $1,513 $-5,135
Custom         $1513 $4188 $5701   $-6648 $1513 $-5135




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
193,750476124352124352476
293,626476125351249703952
393,5014761253513751,0531,428
493,3754761263505011,4031,904
593,2494761263506271,7532,380
693,1234761273497542,1022,856
792,9964761273498812,4513,332
892,8694761283481,0092,7993,808
992,7414761283481,1373,1474,284
1092,6134761293471,2663,4944,760
1192,4844761293471,3953,8415,236
1292,3554761303461,5244,1885,712
1392,2264761303461,6554,5336,188

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