2451 S. Oakley Brochure

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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