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

Quick Search
Advanced

Select Search Area

Selected Areas (10)
Listing Types




Property Features









4 Flat 2300 Hamlin Logan Square Chicago IL Mu Inv

City: CHICAGO ZIP: 60647

Built In: U

Lot Size: Standard Chicago Lot

Lot Dimensions: 25X125

Lot Description: Corner,

# of Units: 4

Unit 1 Floor 1: 2 bedrooms 1 baths $1000

Unit 2 Floor 2: 2 bedrooms 1 baths $950

Unit 3 Floor 1: 3 bedrooms 1 baths $1295

Unit 4 Floor 2: 3 bedrooms 1 baths $1610

Detailed Listing Description

Corner Logan Square Legal 4 Flat. This building was renovated a year ago with new electric, new plumbing, new roof, new siding, new bathrooms, new kitchens ,4 new hot water heaters, 4 new furnaces and more. The building consists of 2 two bed 1 bath units in the front and 2 3 bed 1 bath units in the rear. Both the attic and the basement are unfinished with plenty of room to expand all four units up or down. All separate utilities and heat. Great income. Rents are well below market value and if you add washer and dryer to each unit and make slight upgrades to the units you could increase your income significantly

Contact Listing Agent

Weston Harding

Weston Harding

President & Managing Broker

X Plus Team Member

View ListingsContact Weston

Additional Property Details

Garage & Parking
  • Gargage On SiteYes
  • Gargage OwnershipOwned
  • Gargage TypeDetached,
  • Number of Gargage Spaces2
  • ParkingGarage,
  • Number of Parking Spaces0
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1All,
  • Tenant Pays Unit 2All,
  • Tenant Pays Unit 3All,
  • Tenant Pays Unit 4All,
Appliances
  • Appliances Unit 1Stove, Refrigerator, Hardwood Floors,
  • Appliances Unit 2Stove, Refrigerator, Hardwood Floors,
  • Appliances Unit 3Stove, Refrigerator, Hardwood Floors,
  • Appliances Unit 4Stove, Refrigerator, Hardwood Floors,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60647

Listings in this Zip Code average: 2 to 3 units, and are priced at $518,344 to $620,208
This listing is 45% more than other 4 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Logan Square

Listings in this Neighborhood average: 2 to 3 units, with average prices of $537,114 to $693,159
This listing is 52% more than other 4 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $58,260 Monthly $4,855
Rental Income Stabilized : Annual $80,580 Monthly $6,715
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$624,9004$156,2256.37%10.731.07%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,855$6,715
Year Total$58,260$80,580
Expense
Total$18,462$18,462
Net Operating Income$39,798$62,118
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7561 $20936 $28497 $2375
Total         $7,561 $20,936 $28,497   $11,301 $7,561 $18,862
Stabilized         $7,561 $20,936 $28,497   $33,621 $7,561 $41,182
Custom         $7561 $20936 $28497   $33621 $7561 $41182




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1468,6752,3756171,7586171,7582,375
2468,0582,3756201,7551,2373,5134,750
3467,4382,3756221,7531,8595,2667,125
4466,8162,3756241,7512,4847,0169,500
5466,1912,3756271,7483,1118,76411,875
6465,5642,3756291,7463,74010,51014,250
7464,9352,3756311,7444,37112,25416,625
8464,3042,3756341,7415,00513,99519,000
9463,6702,3756361,7395,64115,73421,375
10463,0342,3756391,7366,28017,47023,750
11462,3952,3756411,7346,92119,20426,125
12461,7542,3756431,7327,56420,93628,500
13461,1112,3756461,7298,21022,66530,875

Explore Nearby Neighborhoods

Logan SquareNearby Neighborhoods X Plus Real Estate

Logan Square

West TownNearby Neighborhoods X Plus Real Estate

West Town

LakeviewNearby Neighborhoods X Plus Real Estate

Lakeview

X Plus Real Estate