Under contract
Contingent
3129 W Augusta Boulevard
Chicago IL, 60622
$2,400,000
$274.44 per sqft
Under contract
Contingent
8,745 sqft
Multi-family
Built in 1892
Courtesy of Triton Realty Group LLC
Introducing 3129-31 W. Augusta Blvd., a rarely available, 13-unit multi-family property directly facing picturesque Humboldt Park. Professionally managed this stabilized investment property offers great in place cash flow and future upside. The building has an excellent unit mix of seven (7) 1-bed & 1-bath apartments, six (6) 2-bed & 1-bath apartments, and one (1) non-conforming, 2-bed & 2-bath garden apartment. All units have been meticulously renovated (2017-2018), featuring updated kitchens and bathrooms complete with granite counter-tops and stainless steel appliances. In addition to its cosmetic finishes, the building received numerous capital improvements including: tenant paid heat and electric, a new roof, plumbing, windows, coin laundry room, and a new porch system. 3129-31 W. Augusta Blvd. presents an opportunity to acquire a renovated asset with great in-place cash flow in a premier Humboldt Park location. An investor can unlock greater returns by gradually increasing rents to higher market levels over time, providing a solid cash-on-cash return for years to come.
12067112
MLSⓇ ID
May 28, 2024
Listed
August 23, 2024
Updated
Map
3129 W Augusta Boulevard
Chicago IL, 60622
Interior Features
Total Stories
3
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
Other Property Details
Area Name
CHI - Humboldt Park
Taxes
$24,722
Tax Frequency
Annually
Days on Market
82
Garage
No
View
No
County
Cook
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
8/9/2024 | Under contract | — |
7/24/2024 | Price change | $2,400,000 -8% |
Courtesy of Triton Realty Group LLC, Matthew Fritzshall,
Listing Contact: 312-788-9379
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Jason Obeirne are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 8/23/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 6:54 PM UTC, 8/23/2024
