4405 Moody Avenue

    Chicago, IL 60630
    • $1,455,000
    • STATUS: Active
    • ON SITE: 342 days
    • MLS #: 10021487
    UPDATED: 63 min ago
    $1,455,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    One-of-a-kind building with unique floorplan. All 7 units are duplexed both up & down, across three levels. Unit mix composed of (3) 3 bed/1.1 bath, (3) 2 bed/1.1 bath, & (1) 2 bed/1 bath. All 2 bedrooms have a bonus family room with 3rd bedroom potential. 6 parking spots. Individual utilities leave open the possibility of future condo conversion. Fully leased with one-year leases for 5 units & 2 units coming for renewal. Upgrades include new roof in 2017, new front porch in 2016, 1 new boiler in 2016 & 1 new boiler in 2016. Strong cash flow in current form, with base figures taken from current rent roll & actual expenses. Short term upside potential with pro-forma figures based upon projections after straightforward value add to kitchens & bathrooms. A long-term potential upside for condo conversion and/or converting 2 bedroom bonus rooms to a full third bedroom.

    Monthly Payment Calculator



    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Property Consultants Realty. Based on information submitted to the MRED as of 2019-06-25T08:51:10.997 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
    www.propertyconsultants.com/homes/85709458

    4405 Moody Avenue Chicago, IL 60630

    • Price: $1,455,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 10021487
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1965
    Built
    Neighborhood:
    Chi - Portage Park
    County:
    Cook
    Area:
    Chi - Portage Park
    Property Description
    One-of-a-kind building with unique floorplan. All 7 units are duplexed both up & down, across three levels. Unit mix composed of (3) 3 bed/1.1 bath, (3) 2 bed/1.1 bath, & (1) 2 bed/1 bath. All 2 bedrooms have a bonus family room with 3rd bedroom potential. 6 parking spots. Individual utilities leave open the possibility of future condo conversion. Fully leased with one-year leases for 5 units & 2 units coming for renewal. Upgrades include new roof in 2017, new front porch in 2016, 1 new boiler in 2016 & 1 new boiler in 2016. Strong cash flow in current form, with base figures taken from current rent roll & actual expenses. Short term upside potential with pro-forma figures based upon projections after straightforward value add to kitchens & bathrooms. A long-term potential upside for condo conversion and/or converting 2 bedroom bonus rooms to a full third bedroom.
    Exterior Features

    Construction BrickConcrete Frontage Access City Street Land Amenities Lighting/Exterior Lot Dimensions 54 X 125 Lot Sq Ft 3319 Number Of Parking Spaces 6 Roof Structure Pitched

    Interior Features

    Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 3 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 2 Number Of Bedrooms Unit4 0 Number Of Dryers 1 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Ranges 7 Number Of Refrigs 7 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 6 Number Of Rooms Unit2 5 Number Of Rooms Unit3 5 Number Of Rooms Unit7 0 Number Of Stories 2 Number Of Units Apt Type1 3 Number Of Units Apt Type2 3 Number Of Units Apt Type3 1 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 1 Repairs Decor Expense 1200

    Property Features

    Age Older Built Before1978 YN Yes Current Use Residential-Multi-Family Electric Expense Source Actual Electrical Service Circuit Breakers0-100 Amps Electricity Expense 531 Expense Year 2017 Exterior Building Type Brick Fuel Expense 1221 Fuel Expense Source Actual Gross Rental Income Amount 126804 Heat Ventilation GasRadiatorsSeparate Per Unit Insurance Expense 3714 Insurance Expense Source Actual Janitor Expense 0 Janitor Expense Source Actual Monthly Income Max1 1650 Monthly Income Max2 1412 Monthly Income Max3 1400 Net Oper Income Amount 10398 Net Operating Income Year 2018 Other Expense Source Actual Other Expenses 0 Possession Closing Potential Use CondominiumResidential-Multi-Family Tax Year 2016 Taxes 6446 Tenant Pays ElectricHeatHot Water Total Annual Exp 22823 Total Annual Expense Source Actual Total Annual Income 126804 Total Monthly Income 10567 Township Jefferson Type Multi Family Corridor-Exterior Entrance Unincorporated YN No Washer Dryer Lsd YN No Water Expense 3606 Water Expense Source Actual Zoning Type Multi

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Century 21 S.G.R., Inc..


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Property Consultants Realty. Based on information submitted to the MRED as of 2019-06-25T08:51:10.997 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Property Consultants Realty
    2200 N Damen Ave.
    Chicago IL, 60647