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2316 W Augusta Boulevard, Chicago, IL 60622
$2,425,000
2316 W Augusta Boulevard, Chicago, IL 60622View this property at 2316 W Augusta Boulevard, Chicago, IL 60622
2316 W Augusta BoulevardChicagoIL60622
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Property Description
Nestled in the heart of Ukrainian Village, luxury meets convenience in this stunning, all-brick eight-unit building. This extra-wide lot has been spectacularly updated with no expense spared, and the building now features high-end luxury rental apartments, each with its own unique charm. The building consists of four spacious two-bedroom, two-bath apartments and four charming one-bedroom, one-bath apartments. All units feature high-end finishes, including stainless steel appliances, quartz countertops, customized closets, and in-unit washer and dryers. Hardwood floors run throughout, and each unit has central air conditioning and heat for your tenants' comfort. Recent upgrades to the building include brand new plumbing, electrical, and water service, as well as tuckpointing and a new tear-off roof installed less than 12 months ago, ensuring low maintenance costs for years to come. This prime investment opportunity generates nearly $20,000 in monthly gross revenue, making it a perfect armchair investment for anyone looking for a stable return. And with parking available, your tenants will never have to worry about finding a spot on the street. Located in one of Chicago's most desirable neighborhoods, this property is sure to attract discerning renters seeking luxury and convenience. This is a rare opportunity to own a turnkey investment property in Ukrainian Village.
Full Property Details
Full Property Details for 2316 W Augusta Blvd
General
- Sold For: $2,425,000
- Taxes: $21,391 (2022)
- Status: Closed
- Type: Commercial
- MLS ID: 11939255
- Added to Site: 155 day(s) ago
Parking
- Parking Features: 1 to 5 Spaces
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: Augusta and N Oakley, corner of Division St.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls, Gas
Structural Information
- Stories/Levels: 3
- Year Built: 1912
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 8
- Units w/Range/Oven: 8
- # Dryers: 8
Lot Features
- Lot Dimensions: 30 x 125
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $32,487
- Assessment Year: 1912
- Tax Amount: $21,391
- Tax Year: 2022
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 17063120270000
Listed by Compass
Sold by Citywide Real Estate
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Schools
Schools serving 2316 W Augusta Blvd
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2450 W Rice St, Chicago, IL 60622 | PK-8 | 0.3 mi | |
1147 N Western Ave, Chicago, IL 60622 | 9-12 | 0.2 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 2316 W Augusta Blvd
Date
Details
Price
Change
Source
4/10/2024
Sold
$2,425,000
-6.73%
MLS
1/15/2024
Price Reduced
$2,600,000
-3.7%
MLS
11/30/2023
Listed
$2,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2316 W Augusta Boulevard, Chicago, IL 60622 (MLS# 11939255) is a Commercial property that was sold at $2,425,000 on April 10, 2024. Want to learn more about 2316 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.