2842 West Augusta Boulevard

Chicago, IL 60622

$1,000,000
Price
14
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Amazing investment opportunity at Augusta and Mozart. Don't pass up this fully rented brick three story six-unit building. All long term tenants who have lived here 14 to 4 years, with most of the tenants occupying their respective unit for 6 years or more. All units have their own furnace, water heaters and separate utilities, and two units have central ac. The three apartments on the west side of the building are each 2 bed 1 bath units, and each include their own spacious deck. Units 3E and 2E...Amazing investment opportunity at Augusta and Mozart. Don't pass up this fully rented brick three story six-unit building. All long term tenants who have lived here 14 to 4 years, with most of the tenants occupying their respective unit for 6 years or more. All units have their own furnace, water heaters and separate utilities, and two units have central ac. The three apartments on the west side of the building are each 2 bed 1 bath units, and each include their own spacious deck. Units 3E and 2E are 3 bed 1 bath units with spacious separate living rooms with beautiful original woodwork flourishes, built-in hutches and dishwashers. 3E also features all Stainless Steel appliances, newer cabinets and quartz countertops. Units 3E and 2E are 3 bed 1 bath units with spacious separate living rooms with beautiful original woodwork flourishes, built-in hutches and dishwashers. 3E also features all Stainless Steel appliances, newer cabinets and quartz countertops #1E is a 2 bed 1 bath fully rehabbed storefront conversion with Stainless Steel appliances, quarts counter tops and high ceilings. 5 units have hardwood floors and lots of natural sunlight flooding in. Building also has owned coin laundry for tenants and two gated parking spots. Don't drag your feet on this incredible investment opportunity, it won't be available for long! This property is a turn-key investment with established tenants and a history of occupancy. The combination of long-term rentals, separate utilities, and upgraded units with modern amenities makes this an attractive opportunity for both new and seasoned investors.
  1. Listed by Andrew Frier • North Clybourn Group, Inc.

Property Details for 2842 West Augusta Boulevard

Area
CHI - West Town
Township
West Chicago
Zoning
MULTI
LISTING UPDATED: 09/11/2024 03:34 PM

Property Details for 2842 West Augusta Boulevard

StatusContingent
MLS #12155077
Days on Market6
Taxes$17,889 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1916
Lot Size0.07 AC / 3,231 SF
CountyCook County

Building Information for 2842 West Augusta Boulevard

Stories3Residences6Year Built1916Building Size-Lot Size0.07 AC / 3,231 SF

Property Information for 2842 West Augusta Boulevard

General Information
Addtl Parking Information
  • Outdoor Parking: Paved,Secured
Location and General Information
  • Frontage Type: City Street
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air, Window Unit(s)
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • # Of Washers: 1
  • Basement Description: Slab
  • Heat/Ventilation: Forced Air,Gas,Separate Per Unit,Individual Furnaces
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • Misc Inside: Laundry Room
  • # Of Dryers: 1
  • # Of Disposals: 0
  • # Of Dishwashers: 3
  • Num of Baths: 6.0
Utilities / Equipment
  • Utilities: Water-Municipal
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 25 X 125
  • Lot Size Square Feet: 3231.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick, Concrete
  • Roof Type: Rubber
  • Roof Structure: Flat
  • Building Area Total: 6603
  • # Of Ranges: 6
Property and Assessments
  • Buyer Financing: Conventional
  • Documents Available: Rent Roll,Leases,Floor Plan
  • Public Document Count: 6
  • Document Date: 2024-09-04T19:27:32
  • Photos Count: 39
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Sidewalks
  • Location: In City Limits
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $795.00
  • Fuel Expense: $1,708.00
  • Gross Income: $113,760.00
  • Gross Scheduled Income: $113,760.00
  • Insurance Expense: $5,326.00
  • Maintenance Expense: $28,938.00
  • Manager Expense: $.00
  • Electric Expense Source: Actual
  • Known Encumbrances: None Known
  • Expense Year: 2023
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Manager Expense Source: AC
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 9480
  • Water Expense Source: Actual
  • Net Operating Income: $48,973.00
  • Operating Expense: $64,786.00
  • Other Expense: $.00
  • Trash Expense: $5,548.00
  • Water Sewer Expense: $4,580.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 2842 West Augusta Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 2842 West Augusta Boulevard

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Charter - 10 to 12
Rating
School
Distance
Chopin Elementary School
PublicPK to 8

Clemente Community Academy High School
Public9 to 12

Chicago High School For The Arts
Public9 to 12

YCCS-Albizu Campus Puerto Rican
Charter10 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.

Neighborhood Map and Transit

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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 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.

Listing Courtesy of North Clybourn Group, Inc.

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. Based on information submitted to the MLS GRID as of 09/11/2024 03:34 PM. 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.