2316 West Augusta Boulevard

Chicago, IL 60622

$2,600,000
Price
12
Beds
12
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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,...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.

Listing Agents

  1. Joe Kotoch

    Joe Kotoch

    Listing Agent

    Compass

    joe.kotoch@compass.com

    P: 773.270.2495

  2. Audrey Jones

    Audrey Jones

    Alternative Listing Agent

    Compass

Property Details for 2316 West Augusta Boulevard

Area
CHI - West Town
Township
West Chicago
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 02/26/2024 06:09 PM

Property Details for 2316 West Augusta Boulevard

StatusContingent
MLS #11939255
Days on Market139
Taxes$21,391 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1912
Lot Size0.09 AC / 3,750 SF
CountyCook County

Location

Add your commute

Building Information for 2316 West Augusta Boulevard

Stories-Residences8Year Built1912Building Size-Lot Size0.09 AC / 3,750 SF

Payment Calculator

$15,972 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,189

Property Taxes

$1,783

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2316 West Augusta Boulevard

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • # Of Washers: 8
  • Heat/Ventilation: Central Heat/Indiv Controls,Gas
  • # Of Window/Ac: 0
  • # Of Refrigerators: 8
  • # Of Dryers: 8
  • # Of Disposals: 8
  • # Of Dishwashers: 8
  • Num of Baths: 12.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: New Rehab
  • Multi-Family Type: Other
  • Lot Dimensions: 30X125
  • Stories: 3
  • # Of Ranges: 8
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2023-11-30T20:37:04
  • Photos Count: 28
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $52.00
  • Fuel Expense: $.00
  • Gross Income: $236,400.00
  • Gross Scheduled Income: $236,400.00
  • Insurance Expense: $417.00
  • Maintenance Expense: $.00
  • Expense Year: 2023
  • Total Annual Expense Source: Combination
  • Janitor Expense: 0
  • Other Expense Source: Combination
  • Total Monthly Income: 19700
  • Net Operating Income: $203,913.00
  • Operating Expense: $32,487.00
  • Other Expense: $.00
  • Trash Expense: $237.00
  • Water Sewer Expense: $219.00
Unit 1
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 2316 West Augusta Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2316 West Augusta Boulevard

Taxable ValueLand$26,740Additions$77,260Total$104,000
Tax Record2022$21,391 ($1,783 / month)
Home Facts
Baths6Total Finished SqFt5,589 SqFtAbove Grade Finished SqFt5,589 SqFtStories3Lot Size3,820 SqFtStyleMulti-Family Res (5+ Units)Year Built1910CountyCOOKAPN17-06-312-027

Schools near 2316 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
Charter - K to 8
Public - 9 to 12
Rating
School
Distance
Chopin Elementary School
PublicPK to 8

Clemente Community Academy High School
Public9 to 12

Acero Chtr - Esmera Santiago Cmps
CharterK to 8

Bridgescape Academy Humboldt Park
Public9 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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. No financial or legal advice provided. Equal Housing Opportunity.

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.