2316 West Augusta BoulevardChicago, IL 60622Price: $2,600,000

  • Price: $2,600,000
  • 141 Days on Market
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Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1912Year Built

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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.

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Listed by Joseph Kotoch and Audrey Jones of Compass

Based on information submitted to MRED  as of April 18, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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