$660,000
4225 W Augusta Boulevard
Chicago, IL, 60651
Back on the Market – Buyer’s Financing Fell Through! Here’s your chance to own one of the few 4-unit buildings to hit the market in this area in nearly two years! This solid brick, turn-key 4-unit building sits on an oversized lot and is already producing strong, reliable cash flow. Each unit features 2 bedrooms and 1 bathroom, renting at 1,600/month. Three units are fully leased and generating steady income – the owner’s unit is currently available, offering flexibility to move in, rent traditionally, or convert to a furnished Airbnb for even greater returns. Major rehab completed in 2020/2021 (with some permits) includes: * All new plumbing and electric * New water heaters, windows, kitchens, and appliances * Central A/C and heat throughout Additional improvements in 2025 include: * Roof work * Updated front and rear staircases The property also features a full basement with an in-place washer and dryer for tenant use and ample storage space. A gated parking pad in the backyard adds convenience and value. This building is truly turn-key, with no major work needed for years to come. It’s already cash-flowing with three units – the fourth unit is pure profit waiting to be unlocked. Don’t miss this rare investment opportunity in a high-demand area!
Property Details
Price:
$660,000
MLS #:
MRD12334196
Status:
Active Under Contract
Beds:
8
Baths:
4
Address:
4225 W Augusta Boulevard
Type:
Multi Family
Neighborhood:
CHI – Humboldt Park
City:
Chicago
Listed Date:
Apr 9, 2025
State:
IL
ZIP:
60651
Year Built:
1910
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Parking Features
On Site
Parking Spots
2
Financial
Tax Year
2023
Taxes
$5,714
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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4225 W Augusta Boulevard
Chicago, IL
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