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3 Flat 6609 Ashland Rogers Park Chicago IL Mu Inv

City: CHICAGO ZIP: 60626

Built In: 1963

Lot Size: Standard Chicago Lot

Lot Dimensions: 30X125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 1 baths $1050

Unit 2 Floor 2: 3 bedrooms 1 baths $1650

Unit 3 Floor 3: 3 bedrooms 1 baths $1300

Detailed Listing Description

Brick 3 flat in Rogers Park! Very spacious apartments with separate living/dining rooms, good size bedrooms with closets and hardwood floors throughout. Unit 1 has been renovated with new flooring, new appliances, new vanity and lights. Unit 2 and 3 have completely redone kitchens, new cabinets, countertops, appliances, porcelain tiles and backsplash. Renovated bathrooms as well. All separate utilities. 3 exterior parking spaces for extra income. Perfect for investor or owner-occupied. Won't last long!

Contact Listing Agent

Weston Harding

Weston Harding

President & Managing Broker

X Plus Team Member

View ListingsContact Weston

Additional Property Details

Garage & Parking
  • ParkingSpace/s,
  • Number of Parking Spaces3
  • Parking on SiteYes
  • Parking OwnershipN/A
  • Parking Fee/Lease Amount0
Utilities
  • Tenant Pays Unit 1Electric, Gas,
  • Tenant Pays Unit 2Electric, Gas,
  • Tenant Pays Unit 3Electric, Gas,
Appliances
  • Appliances Unit 1Stove, Refrigerator,
  • Appliances Unit 2Stove, Refrigerator,
  • Appliances Unit 3Stove, Refrigerator,
Schools
  • Grade School District299
  • Jr High/Middle School District299
  • High School District299

Comparative Data

Zip Code Comparison: 60626

Listings in this Zip Code average: 2 to 3 units, and are priced at $508,585 to $625,980
This listing is 7% more than other 3 unit listings in this zipcode.

Neighborhood Comparison:
CHI - Rogers Park

Listings in this Neighborhood average: 3 to 4 units, with average prices of $572,989 to $780,975
This listing is 1% more than other 3 unit listings in this neighborhood.


Calculated Rents
Rental Income : Annual $48,000 Monthly $4,000
Rental Income Stabilized : Annual $55,464 Monthly $4,622
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
$580,0003$193,3335.26%12.080.80%
Income
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$4,000$4,622
Year Total$48,000$55,464
Expense
Total$17,482$17,482
Net Operating Income$30,518$37,982
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Down
Mortgage $7018 $19432 $26450 $2205
Total         $7,018 $19,432 $26,450   $4,068 $7,018 $11,086
Stabilized         $7,018 $19,432 $26,450   $11,532 $7,018 $18,550
Custom         $7018 $19432 $26450   $11532 $7018 $18550




MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments
1435,0002,2055741,6315741,6312,205
2434,4262,2055761,6291,1503,2604,410
3433,8502,2055781,6271,7284,8876,615
4433,2722,2055801,6252,3086,5128,820
5432,6922,2055821,6232,8908,13511,025
6432,1102,2055851,6203,4759,75513,230
7431,5252,2055871,6184,06211,37315,435
8430,9382,2055891,6164,65112,98917,640
9430,3492,2055911,6145,24214,60319,845
10429,7582,2055931,6125,83516,21522,050
11429,1652,2055961,6096,43117,82424,255
12428,5692,2055981,6077,02919,43126,460
13427,9712,2056001,6057,62921,03628,665

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