2 Flat 3129 Eastwood Albany Park Chicago IL Mu In| Chicago Property Listings – X Plus Real Estate

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2 Flat 3129 Eastwood Albany Park Chicago IL Mu In

City: Chicago ZIP: 60625

Built In: 1914

Lot Size: A

Lot Dimensions: 30X120

# of Units: 2

Unit 1 Floor 1: 3 bedrooms 3 baths $0

Unit 2 Floor 2: 3 bedrooms 2 baths $2200

Detailed Listing Description

Turnkey - full gut rehab - 2 unit building in East Albany park on extra wide lot! Live in one unit and earn rental income from the other. All new electric, plumbing, HVAC, overhead sewers. Both units offer 9' ceilings throughout, in-unit laundry, full size kitchens with quartz countertops and stainless steel appliances, private front porches and enclosed rear porches. Unit 1: Duplex Down nearly 3000 sf and lives like a sf - 3 bedroom, 3.1 bath home with two ensuite bedrooms. Basement was dug out to create lower level living space with wet bar. Unit Two: 1300 sf 3 bedroom / 2 bath simplex with ensuite master. Unit two currently rented. 2 car garage and extra parking space for 3rd car. Ideal for investor to buy and hold turnkey rental building or for owner occupant looking for a move in ready investment home. Easy to show.

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Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG,S
  • Number of Parking Spaces1
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1B,C,D
  • Tenant Pays Unit 2B,C,D
Appliances
  • Appliances Unit 1A,B,C,D,E,F,I,P,S,U
  • Appliances Unit 2A,B,C,D,E,P,S,U
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60625

Listings in this Zip Code average: 2 to 3 units, and are priced at $524,450 to $650,684
This listing is 67% more than other 2 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Albany Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $382,923 to $549,758
This listing is 129% more than other 2 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $26,400 Monthly $2,200
Rental Income Stabilized : Annual $31,692 Monthly $2,641
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$875,0002$437,5001.00%33.140.30%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$2,200$2,641
Year Total$26,400$31,692
Expense
Total$17,627$17,627
Net Operating Income$8,773$14,065
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $10587 $29315 $39902 $3326
Total         $10,587 $29,315 $39,902   $-31,129 $10,587 $-20,542
Stabilized         $10,587 $29,315 $39,902   $-25,837 $10,587 $-15,250
Custom         $10587 $29315 $39902   $-25837 $10587 $-15250




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1656,2503,3268652,4618652,4613,326
2655,3853,3268682,4581,7334,9196,652
3654,5173,3268722,4542,6057,3739,978
4653,6453,3268752,4513,4809,82413,304
5652,7703,3268782,4484,35812,27216,630
6651,8923,3268812,4455,23914,71719,956
7651,0113,3268852,4416,12417,15823,282
8650,1263,3268882,4387,01219,59626,608
9649,2383,3268912,4357,90322,03129,934
10648,3473,3268952,4318,79824,46233,260
11647,4523,3268982,4289,69626,89036,586
12646,5543,3269012,42510,59829,31439,912
13645,6523,3269052,42111,50231,73643,238

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