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1838 W Augusta Boulevard, Chicago, IL 60622
$1,455,000
1838 W Augusta Boulevard, Chicago, IL 60622View this property at 1838 W Augusta Boulevard, Chicago, IL 60622
1838 W Augusta BoulevardChicagoIL60622
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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.
Full Property Details
Full Property Details for 1838 W Augusta Blvd
General
- Sold For: $1,455,000
- Taxes: $20,653 (2021)
- Status: Closed
- Type: Commercial
- MLS ID: 11811720
- Added to Site: 336 day(s) ago
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: Augusta between Ashland and Damen
Heating & Cooling
- Heating Type: Central Heat/Individual Controls
Structural Information
- Construction: Brick
- Foundation: Stone
- Roof: Rubber
- Stories/Levels: 3
- Year Built: 1885
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 6
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 25 x 114
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1885
- Tax Amount: $20,653
- Tax Year: 2021
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 17064150410000
Listed by Base 3 Properties
Sold by CL3 Property Management
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Schools
Schools serving 1838 W Augusta Blvd
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2009 W Schiller St, Chicago, IL 60622 | PK-8 | 0.5 mi | |
936 N Ashland Ave, Chicago, IL 60622 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1838 W Augusta Blvd
Date
Details
Price
Change
Source
1/26/2024
Sold
$1,455,000
-4.59%
MLS
10/31/2023
Price Reduced
$1,525,000
-4.39%
MLS
10/10/2023
Price Reduced
$1,595,000
-3.33%
MLS
9/10/2023
Price Reduced
$1,650,000
-5.71%
MLS
6/19/2023
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1838 W Augusta Boulevard, Chicago, IL 60622 (MLS# 11811720) is a Commercial property that was sold at $1,455,000 on January 26, 2024. Want to learn more about 1838 W Augusta Boulevard? Do you have questions about finding other Commercial real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.