2 Flat 831 Claremont Near West Side Chicago IL Mu| Chicago Property Listings – X Plus Real Estate

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2 Flat 831 Claremont Near West Side Chicago IL Mu

City: Chicago ZIP: 60612

Built In: 1875

Lot Size: A

Lot Dimensions: 42.5 X 125

# of Units: 2

Unit 1 Floor 1: 2 bedrooms 1 baths $1650

Unit 2 Floor 2: 3 bedrooms 2 baths $0

Detailed Listing Description

Fabulous 2-flat on 42-1/2 wide x 125 deep lot. Building completely rehabbed. Owners unit duplex up with gorgeous chef's kitchen with ss appliances, granite and a large deck off the kitchen overlooking multi-tiered Zen-like garden. Refinished oak floors, freshly painted. Large bedroom on main level with attached bathroom. Top floor has 2 bedrooms, office and full bathrm. All new first floor rental with 2 bedrm 1 1/2 bathrooms. New kitchen, New Bathroom, New Floors, New Mechanicals for both units, New Roof, New Garage, New Plumbing, New Electrical and Tuckpointing. Extensive work done to the property and ready for new owner. Call today for your private viewing of this very special building

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Additional Property Details

Garage & Parking
  • Gargage DetailsA
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces3
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
Appliances
  • Appliances Unit 1O
  • Appliances Unit 2A,B,C,D,E,I,M,Q,S,T
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60612

Listings in this Zip Code average: 2 to 3 units, and are priced at $326,800 to $381,361
This listing is 129% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Near West Side

Listings in this Neighborhood average: 2 to 3 units, with average prices of $507,663 to $800,333
This listing is 48% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $19,800 Monthly $1,650
Rental Income Stabilized : Annual $39,924 Monthly $3,327
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$750,0002$375,000-0.00%37.880.44%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,650$3,327
Year Total$19,800$39,924
Expense
Total$19,812$19,812
Net Operating Income$-12$20,112
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $9075 $25127 $34202 $2851
Total         $9,075 $25,127 $34,202   $-34,214 $9,075 $-25,139
Stabilized         $9,075 $25,127 $34,202   $-14,090 $9,075 $-5,015
Custom         $9075 $25127 $34202   $-14090 $9075 $-5015




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1562,5002,8517422,1097422,1092,851
2561,7582,8517442,1071,4864,2165,702
3561,0142,8517472,1042,2336,3208,553
4560,2672,8517502,1012,9838,42111,404
5559,5172,8517532,0983,73610,51914,255
6558,7642,8517562,0954,49212,61417,106
7558,0082,8517582,0935,25014,70719,957
8557,2502,8517612,0906,01116,79722,808
9556,4892,8517642,0876,77618,88325,659
10555,7242,8517672,0847,54320,96728,510
11554,9572,8517702,0818,31323,04831,361
12554,1872,8517732,0789,08525,12734,212
13553,4152,8517762,0759,86127,20237,063

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