$2,600,000
2316 W Augusta Boulevard
Chicago, IL, 60622
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.
Property Details
Price:
$2,600,000
MLS #:
MRD11939255
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
2316 W Augusta Boulevard
Type:
Commercial
City:
Chicago
Listed Date:
Nov 30, 2023
State:
IL
ZIP:
60622
Year Built:
1912
Schools
Interior
Cooling
Central Air
Exterior
Financial
Buyer Agent Compensation
2.5% NET SP (-$450)Net Sale Price
Tax Year
2022
Taxes
$21,391
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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2316 W Augusta Boulevard
Chicago, IL
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