2550 W Augusta Blvd

2550 W Augusta Blvd
Chicago, IL 60622

$1,177,500
Last Sold Price
14
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Closed 8/18/20
Closed 8/18/20

Description

Rare opportunity to purchase a well-cared for 6-unit building in Ukrainian Village. Stone's throw to Sportsman's Club, Empty Bottle, Rootstock and a convenience store across the street. 5 of 6 units have been completely redone with new kitchens and baths, central heat/ac, new plumbing with copper lines in the basement and up to each unit. There's still PLENTY of value-add with the building. Rents are low for the neighborhood, ESPECIALLY front 3 units with balconies. Unit 1F is a 2 bed in original...Rare opportunity to purchase a well-cared for 6-unit building in Ukrainian Village. Stone's throw to Sportsman's Club, Empty Bottle, Rootstock and a convenience store across the street. 5 of 6 units have been completely redone with new kitchens and baths, central heat/ac, new plumbing with copper lines in the basement and up to each unit. There's still PLENTY of value-add with the building. Rents are low for the neighborhood, ESPECIALLY front 3 units with balconies. Unit 1F is a 2 bed in original condition (unit is vacant and primed for next owner to rehab). Large pantries share a plumbing wall with kitchens and have windows for quick vent and easy install for in-unit washer/dryer. Unit 2F and 3F are large 1,100 sq ft 5 room, 3 bedroom with outdoor patios and rear 3 units are 4 room, 2 bedroom with enclosed back porch. Clean, full basement with laundry and storage lockers for each unit.

Listing Agents

  1. Mark Icuss

    Mark Icuss

    Listing Agent

    Compass

    mark.icuss@compass.com

    P: (773)-848-9546

    CallTextEmail
  2. Marc Zaparaniuk

    Marc Zaparaniuk

    Alternative Listing Agent

    Compass

    CallTextEmail

Sold By Compass

Property Details for 2550 West Augusta Boulevard

Area
CHI - West Town
Num Of Parking Spaces
0.0
LISTING UPDATED: 05/05/2021 09:23 AM

Property Details for 2550 West Augusta Boulevard

StatusClosed
MLS #10727362
Days on Market20
Taxes$13,999 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built-
Lot Size0.07 AC / 3,125 SF
CountyCook County

Building

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Location

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Building Information for 2550 West Augusta Boulevard

Stories3Residences-Year Built-Building Size0' x 0'Building Sq. Ft0 SFLot Size0.07 AC / 3,125 SF

Payment Calculator

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$6,906 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,739

Property Taxes

$1,167

HOA Dues

$0

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Property Information for 2550 West Augusta Boulevard

General Information
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Forced Air
  • Num of Baths: 0.0
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 25 X 125
  • Stories: 3
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2020-05-28T13:53:59
  • Photos Count: 27
Virtual Tour/Additional Media
  • Virtual Tour: Image360
  • Virtual Tour YN: Yes
  • Virtual Tour Date: 05-28-2020
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $70.00
  • Fuel Expense: $150.00
  • Gross Income: $98,820.00
  • Gross Scheduled Income: $98,820.00
  • Insurance Expense: $299.00
  • Maintenance Expense: $75.00
  • Total Annual Expense Source: Actual
  • Janitor Expense: 75
  • Total Monthly Income: 8210
  • Net Operating Income: $73,845.00
  • Operating Expense: $24,975.00
  • Other Expense: $100.00
  • Trash Expense: $95.00
  • Water Sewer Expense: $150.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
  • # Of Rooms - Unit 1: 5
  • # Of Full Bthrms - Type 1: 1
  • Monthly Income - 1: 1325
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
  • # Of Rooms - Unit 2: 4
  • # Of Full Bthrms - Type 2: 1
  • Monthly Income - 2: 1325
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
  • # Of Rooms - Unit 3: 5
  • # Of Full Bthrms - Type 3: 1
  • Monthly Income - 3: 1210
  • Monthly Income Max - 3: 1210
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 4: 0
  • Monthly Income - 4: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 5: 0
  • Monthly Income - 5: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
  • Monthly Income - 6: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0
  • # Of Rooms - Unit 7: 0
  • Monthly Income - 7: 0

Property History for 2550 West Augusta Boulevard

DateEvent & SourcePriceAppreciation
Aug 18, 2020

Sold (Public Record)

Public Record #680661421

$1,177,500

+13.2% / yr

Aug 18, 2020

Sold

MRED #10727362

$1,177,500—
Jun 16, 2020

Pending

MRED #10727362

—
May 28, 2020

Listed (Active)

MRED #10727362

$1,299,000—
Sep 23, 2015

Sold (Public Record)

Public Record #557729312

$640,000—
DateEvent & SourcePrice
08/18/2020

Sold (Public Record)

Public Record #680661421

$1,177,500

+13.2% / yr

08/18/2020

Sold

MRED #10727362

$1,177,500
06/16/2020

Pending

MRED #10727362

—
05/28/2020

Listed (Active)

MRED #10727362

$1,299,000
09/23/2015

Sold (Public Record)

Public Record #557729312

$640,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2550 West Augusta Boulevard

Taxable ValueLand$16,875Additions$73,659Total$90,534
Tax Record2023$19,159 ($1,597 / month)
Home Facts
Baths6Total Finished SqFt6,237 SqFtAbove Grade Finished SqFt6,237 SqFtStories3Lot Size3,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1906CountyCOOKAPN16-01-414-023

Schools near 2550 West Augusta Boulevard

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Chopin Elementary School
Public - PK to 8
Clemente Community Academy High School
Public - 9 to 12
Art in Motion Charter School
Charter - 7 to 11
York Alternative High School
Public - 9 to 12
Rating
School
Distance
Chopin Elementary School
PublicPK to 8

Clemente Community Academy High School
Public9 to 12

Art in Motion Charter School
Charter7 to 11

York Alternative High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 09:23 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.