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WICKER PARK OFFERING SIX-UNIT ALL 2 BED/1 BATH 1437 North Cleaver St CHICAGO, IL PRICING AND FINANCIAL ANALYSIS

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WICKER PARK OFFERING

SIX-UNITALL 2 BED/1 BATH

1437 North Cleaver St

CHICAGO, IL

PRICING AND FINANCIAL ANALYSIS

OFFERING SUMMARY

Price $1,250,000

CAP 7.7%

Units 6

Price/Unit $208,333

GRM 9.5

OFFERING SUMMARY:

ANNUALIZED OPERATING FINANCIALS PRO FORMA FINANCIALS

Scheduled Gross Income$131,160 $153,000

Less Vacancy Reserve($3,935) 3% * ($4,590) 3% *

Gross Operating Income$127,225 $148,410

Less Expenses($31,248) 24% * ($33,457) 23% *

Net Operation Income$95,977 $114,953

Less Loan Payments

(Proposed Financing) ($57,672) ($59,749)

Cash Flow$38,304 12.3% ** $55,204 17.1% **

Plus Principal Reduction$14,547 $15,071

Total Return Before Taxes $52,852 16.9% ** $70,275 21.7% ***As a Percentage of Scheduled GrossIncome**As a Percentage of DownPayment

FINANCIAL OVERVIEW:

PROPERTY VISUALS

PROPERTY VISUALS

DEMOGRAPHIC REPORT:DEMOGRAPHIC 1 MILE 3 MILES

Total Population 46,101 564,449

2024 Total Population 48,256 499,871

Average HH Income $136,274 $118,622

Employees 34,923 856,450

Median Household Income $108,539 $89,482

DEMOGRAPHIC REPORT:

TRANSIT/SUBWAY DRIVE WALK DISTANCE

Division Station (Blue Line) 2 min 10 min .5 miles

Damen Station (Blue Line) 3 min 19 min .9 miles

COMMUTER RAIL DRIVE DISTANCE

Clybourn Station Commuter Rail (Union Pacific North, Union Pacific Northwest Lines)

3 min 1.0 miles

Western Avenue Station (MD-N/MD-W/NCS) Commuter Rail (North Central Service, Milwaukee District North Line, Milwaukee District West Line)

6 min 2.6 miles

AIRPORT DRIVE DISTANCE

Chicago Midway International Airport 20 min 10.9 miles

Chicago O’Hare International Airport 24 min 15.2 miles

AERIAL VIEW:

Chicago

PRESENTED BY: WINDY CITY RE, LLC

Milan Rubenstein Managing Partner Chicago, IL312-867-8744 x200818-445-3529

Will Oney-PageDirector of OperationsChicago, IL312-867-8744 x203312-613-3660

1437 N Cleaver St, Chicago, IL