5518 W Augusta Boulevard
Chicago, IL 60651

Status: Sold
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $250,000
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About this home

Attention Investors!! This is a fantastic investment opportunity for those looking to breathe new life into a classic multi-unit property!! Take advantage of Chicago's strong rental market with this 7 bed/4 bath, 3-flat multi-unit that is ready for transformation. With separate gas meters & electrical panels for each unit, this property offers a wealth of income potential for investors and is perfectly suited for a skilled renovator or someone looking to create a customized living space. Recently appraised ARV = $510k. No current tenants & already cleared out. Conveniently located near downtown Chicago, O'Hare/Midway airports, major expressways, top ranked hospital systems, tenants have easy access to employment and leisure. Great oppty to build equity and establish a cash flowing investment!!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1905
Parking Total 4
Exterior Building Type Stucco
Parking Features Off Alley, Alley Access
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Austin
Corporate Limits Chicago
Directions I-290 to Austin Blvd exit 23A, (N) 2.5 miles to Augusta Blvd(E) .5 miles to 5518 W Augusta Blvd
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 4
Full Baths in Building Count 4
Total Rooms 18
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features Hardwood Floors
Full Baths Total 1
Rooms Total 6
Tenant Pays None
Floor Number 1
unit 2
Beds Total 3
Baths Total 2
Appliances And Features Hardwood Floors
Full Baths Total 2
Rooms Total 6
Tenant Pays None
Floor Number 2
unit 3
Beds Total 2
Baths Total 1
Appliances And Features Stove,Washer
Full Baths Total 1
Rooms Total 6
Tenant Pays None
Floor Number 3
Property / Lot Details
Lot Dimensions .096
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16043100160000
Special Assessments U
Taxes $1,880
Tax Year 2022
$250,000 Listing Price:
MLS # 11908845
Investment Profile Residential Income
Listing Market Time 152 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 10/21/2023
Year Built 1905
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