K L O P A S S T R AT T O N
2 4 5 1 Oa kl e y.c o m
RESI DENTI AL RENTALS
COMMERCIAL RENTALS
NEIGHBORHOOD
PILSEN
PILSEN
4 MILES Originally a Czech neighborhood, and later influenced by Irish, German, Polish, Eastern European and Mexican immigrants, Pilsen today continues to reflect many traditions. The eastern side of the neighborhood is one of Chicago’s largest art districts, and home to the National Museum of Mexican Art as well. The boundaries are roughly considered to be Canal Street on the east, Cermak Road on the south, Damen Avenue on the west, and 16th Street on the north. Harrison and Dvorak Parks offer gymnasiums, baseball fields, volleyball and tennis courts, swimming pools, playgrounds, horseshoe pits, an auditorium and more. Dining options in the area are plentiful.
Commuters have easy access to I-90, the CTA Pink Line and many bus stops.
Commuters have easy access to the city by I-90, which can be reached in 5 minutes from the village center. Residents who wish to take the CTA train into the city have a 5 minute walk to reach the Pink Line at 18th Street. There are also many bus stops that provide transportation into the city.
$293,629 20
15
30
$318,363 NEAR SOUTH | 53
2,500.00 1,400.00 1,300.00
$ $ $ $ $ $ $
30,000 16,800 15,600 -
Potential Annual
3 UNIT
100 100 100 100 100 100 100
Net Operating Income -> Enter Debt Service -----> Capital Expenditures --> Loan Proceeds In -------> Interest Earned In ------>
$52,699 $0 0 0 0
1
Break-Even Ratio --->
$0
16%
Cash Flow After Taxes (CFAT) ------>
ST/Fed Income Taxes
8.1%
10.42
Gross Rent Multiplier or GRM ----->
Capitalization Rate ->
Net Operating Income ->
$62,400
Gross Operating Income ------------->
Cash Flow Before Taxes (CFBT)
Total Operating Exp ---->
$62,400
Insurance Janitorial Water & Sewer Prop/op taxes Snow Removal Electric (Common)
$52,699
$52,699
$9,701
$200 $0 $0 $0 $0 $0
$1,200 $4,551
$3,500
$0 $250 $0 $0
Annual Cost
Management Accounting Legal Heat/Gas Maintenance/Supplies
OPERATION COSTS:
Gross Potential Income --------------->
0
$30,000 $16,800 $15,600 $0 $0 $0 $0
Annual Occupied Occup % Income
Type:
Vacancy & credit loss % as whole #, will convert to % --->
Apt 2F Apt 2R
1 $ 1 $ 1 $ 1
INCOME FROM OPERATIONS: # of Units Mnthly Rent
$650,000 $162,500 $0 $162,500
2451 S Oakley
Purchase Price -----> Down Payment -----> Other Acq. Costs --> Cash In >
Address:
Calculations Retail
Property Info
A B O U T US 2019
TOP
over
20
$82M
agent in all of Cook County
1
# AGENT
BERKSHIRE HATHAWAY MICHIGAN AVENUE OFFICE
1%
of all agents in Chicagoland, for last 12 years consistently
5
5
rating on Zillow
2
# AGENT BERKSHIRE HATHAWAY IN ILLINOIS
18
years in business
TOP
100
in the nation of all Berkshire Hathaway agents
KlopasStratton.com Sophia Klopas 312.927.0334 sklopas@bhhschicago.com
Chris Johnson 847.650-9507 cjohnson@bhhschicago.com
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