Chicago, IL 60622 2842 W AUGUSTA Boulevard

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Presented By: North Clybourn Group, Inc.
  • MLS# 12155077
  • 09/05/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 14
  • SQFT • 6,603

Home Details

Amazing investment opportunity at Augusta and Mozart. Don't pass up this fully rented brick three story six-unit building. All long term tenants who have lived here 14 to 4 years, with most of the tenants occupying their respective unit for 6 years or more. All units have their own furnace, water heaters and separate utilities, and two units have central ac. The three apartments on the west side of the building are each 2 bed 1 bath units, and each include their own spacious deck. Units 3E and 2E are 3 bed 1 bath units with spacious separate living rooms with beautiful original woodwork flourishes, built-in hutches and dishwashers. 3E also features all Stainless Steel appliances, newer cabinets and quartz countertops. #1E is a 2 bed 1 bath fully rehabbed storefront conversion with Stainless Steel appliances, quarts counter tops and high ceilings. 5 units have hardwood floors and lots of natural sunlight flooding in. Building also has owned coin laundry for tenants and two gated parking spots. Don't drag your feet on this incredible investment opportunity, it won't be available for long! This property is a turn-key investment with established tenants and a history of occupancy. The combination of long-term rentals, separate utilities, and upgraded units with modern amenities makes this an attractive opportunity for both new and seasoned investors.
Presented By: North Clybourn Group, Inc.

Interior Features for 2842 W AUGUSTA Boulevard

Other Interior Features

BasementSlab

General for 2842 W AUGUSTA Boulevard

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick, Concrete
ContingencyAttorney/Inspection
CoolingCentral Air, Window Unit(s)
CountyCook
Current UseMulti-Family
Days on Market7
DirectionsAUGUSTA BOULEVARD (1000n) EAST-WEST TO MOZART (2830w). NORTHWEST CORNER INVESTMENT OPPORTUNITY.
ElectricCircuit Breakers, Service - 0 to 100 Amps
Electric Expense795
Fuel Expense1708
Gross Income113760
Insurance Expense5326
Lot Size Square Feet3231
MLS AreaCHI - West Town
MaintenanceExpense28938
Net Operating Income48973
NumberOfUnitsTotal6
Operating Expense64786
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofRubber
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount17888.7
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat, Hot Water
TownshipWest Chicago
Trash Expense5548
UtilitiesWater-Municipal
Water Sewer Expense4580
Year Built1916
ZoningMULTI

Exterior for 2842 W AUGUSTA Boulevard

Building Area Total6603
ExteriorBrick
Frontage TypeCity Street
Lot Dimensions25 X 125

Additional Details

Price History

Worth Clark

Price $1,000,000
MLS#12155077
List Date 09/05/2024
Property Type Contingent
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