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1838 W Augusta Boulevard Chicago, IL 60622
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Key Details
Sold Price $1,455,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11811720
Sold Date 01/26/24
Year Built 1885
Annual Tax Amount $20,653
Tax Year 2021
Lot Size 3,049 Sqft
Lot Dimensions 25X114
Property Description
Professionally renovated 6-unit building located in Prime Wicker Park close to everything. Pricing reflects a 10.1x GRM on in-place income. The building was gut renovated with all new electrical, plumbing, stainless steel appliances and HVAC in 2016 with various upgrades completed over the past several years. The building is 100% leased with upside in the rents. It features 3 surface parking spaces at the back of the property and an unfished basement that has been approved by the City for conversion to up to two additional dwelling units under Chicago's Accessory Dwelling Unit Ordinance (ADU). The building is being offered with the adjacent property at 1840 W Augusta individually or as a package.
Location
State IL
County Cook
Zoning MULTI
Interior
Fireplace Y
Exterior
View Y/N true
Roof Type Rubber
Building
Foundation Stone
Structure Type Brick
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Paul De Legge • CL3 Property Management
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