Closed

$615,000

Favorite

6,200

square ft

3216 W Augusta Boulevard

CHICAGO, Illinois 60651

Closed / MLS #9750779 / Multiple Family / West Humboldt Park

Listing information updated 6/8/2018 at 2:03am

Fabulous cash flow opportunity. Long-term partnership selling off all assets (ask about other properties). 3 Apartments Plus finished basement plus 1 Warehouse. 2 Apartments Recently Rehabbed to bring MASSIVE rent increases. 2 Apartments left to rehab. Warehouse leased to General Contractor for equipment storage. True 8.4% Cap Rate!!! Excellent Cash Flow with upside. All units have Laundry. Large Layouts. Penthouse unit with high ceilings and 2 decks has massive rent upside. Opportunity awaits! Please note property is 2 PINs and 2 Addresses - must be purchased together as property is 1 building.

Full Features

Exterior Type:

Brick

Square Feet:

6,200

Built:

1913

Parking Spaces:

Cooling System:

Central Air,Central Individual

Stories:

3.5

Current Use:

Non Conforming

Potential Use:

Commercial, Residential-Multi-Family, Residential-Single Family, Special Use

Zoning:

OTHER

Building Square Feet:

6,200

Current Net Income:

$57,106

Unit 1:

4 room(s) / 1 bed(s) / 1 bath(s)

Unit 2:

5 room(s) / 2 bed(s) / 1 bath(s)

Unit 3:

5 room(s) / 2 bed(s) / 1 bath(s)

Unit 4:

5 room(s) / 2 bed(s) / 1 bath(s)

Unit 5:

1 room(s) / 0 bed(s) / 0 bath(s)

Taxes & Assessments

Tax Amount:

$128

Tax Year:

N/A

Location

Zip Code:

60651

City:

Chicago

County:

Cook

Listing Office: Miller Chicago LLC

Listing Office Phone: 773.366.8786

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 6/8/2018 at 2:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

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3216 W Augusta Boulevard is a multiple family which sold for $615,000. This multiple family has been listed on @properties since September 14th, 2017 and was built in 1913. The nearest transit stops include Kedzie Metra Metra Milwaukee District West line.