4225 W Augusta BLVD Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60651
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12334196
Bedrooms 8
Year Built 1910
Annual Tax Amount $5,714
Tax Year 2023
Lot Dimensions 36X125
Property Sub-Type Two to Four Units
Property Description
Back on the Market - Buyer's Financing Fell Through! Here's your chance to own one of the few 4-unit buildings to hit the market in this area in nearly two years! This solid brick, turn-key 4-unit building sits on an oversized lot and is already producing strong, reliable cash flow. Each unit features 2 bedrooms and 1 bathroom, renting at 1,600/month. Three units are fully leased and generating steady income - the owner's unit is currently available, offering flexibility to move in, rent traditionally, or convert to a furnished Airbnb for even greater returns. Major rehab completed in 2020/2021 (with some permits) includes: * All new plumbing and electric * New water heaters, windows, kitchens, and appliances * Central A/C and heat throughout Additional improvements in 2025 include: * Roof work * Updated front and rear staircases The property also features a full basement with an in-place washer and dryer for tenant use and ample storage space. A gated parking pad in the backyard adds convenience and value. This building is truly turn-key, with no major work needed for years to come. It's already cash-flowing with three units - the fourth unit is pure profit waiting to be unlocked. Don't miss this rare investment opportunity in a high-demand area!
Location
State IL
County Cook
Area Chi - Humboldt Park
Rooms
Basement Unfinished,Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition Standard