3 Flat 5354 Byron Portage Park Chicago IL Mu Inve| Chicago Property Listings – X Plus Real Estate

Find the home or investment property you’ve been looking for!

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









3 Flat 5354 Byron Portage Park Chicago IL Mu Inve

City: Chicago ZIP: 60641

Built In: 1926

Lot Size: K

Lot Dimensions: 30 X 125

Lot Description: H,N

# of Units: 3

Unit 1 Floor G: 1 bedrooms 1 baths $900

Unit 2 Floor 1: 2 bedrooms 1 baths $1250

Unit 3 Floor 2: 2 bedrooms 1 baths $1400

Gross Income $17,400

Detailed Listing Description

Portage Park Legal brick 3 flat in excellent condition. All spacious apartments are completely remodeled with new deluxe kitchens, granite counters, new appliances and gorgeous hardwood floors. Each unit has a separate gas forced air furnace. Roof and windows have been replaced. Electric updated with circuit breakers. Separate utility room and laundry room. Lovely yard and a 2 car garage which is used by owner and not rented. Current rents garden $900. 1st floor $1250. Second floor just completed left vacant for ease to show but valued at $1400 per month. Potential income with 2nd floor and garage rented and laundry $46,500. Turnkey investment property in an area with plenty of upside appreciation potential.

Contact Listing Agent


X Plus Team Member

View ListingsContact

Additional Property Details

Garage & Parking
  • Gargage On SiteY
  • Gargage OwnershipA
  • Gargage TypeB
  • Number of Gargage Spaces2
  • ParkingG
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1A,B,C,D
  • Tenant Pays Unit 2A,B,C,D
  • Tenant Pays Unit 3A,B,C,D
Appliances
  • Appliances Unit 1A,B,E
  • Appliances Unit 2A,B,E
  • Appliances Unit 3A,B,E
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60641

Listings in this Zip Code average: 2 to 3 units, and are priced at $374,501 to $433,229
This listing is 14% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Portage Park

Listings in this Neighborhood average: 2 to 3 units, with average prices of $353,355 to $460,652
This listing is 7% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $42,600 Monthly $3,550
Rental Income Stabilized : Annual $40,812 Monthly $3,401
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$495,0003$165,0005.22%11.620.69%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$3,550$3,401
Year Total$42,600$40,812
Expense
Total$16,754$16,754
Net Operating Income$25,846$24,058
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $5990 $16584 $22574 $1882
Total         $5,990 $16,584 $22,574   $3,272 $5,990 $9,262
Stabilized         $5,990 $16,584 $22,574   $1,484 $5,990 $7,474
Custom         $5990 $16584 $22574   $1484 $5990 $7474




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1371,2501,8824901,3924901,3921,882
2370,7601,8824921,3909812,7833,764
3370,2691,8824931,3891,4754,1715,646
4369,7751,8824951,3871,9705,5587,528
5369,2801,8824971,3852,4676,9439,410
6368,7831,8824991,3832,9678,32511,292
7368,2831,8825011,3813,4689,70613,174
8367,7821,8825031,3793,97011,08615,056
9367,2801,8825051,3774,47512,46316,938
10366,7751,8825071,3754,98213,83818,820
11366,2681,8825081,3745,49015,21220,702
12365,7601,8825101,3726,00116,58322,584
13365,2491,8825121,3706,51317,95324,466

Explore Nearby Neighborhoods

Logan SquareNearby Neighborhoods X Plus Real Estate

Logan Square

North CenterNearby Neighborhoods X Plus Real Estate

North Center

West TownNearby Neighborhoods X Plus Real Estate

West Town

X Plus Real Estate