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
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Data last updated 6:54 PM UTC, 8/23/2024