Bought with Mayra Pezzella of Compass
$235,000
$250,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
5518 W Augusta Boulevard Chicago, IL 60651
7 Beds
Key Details
Sold Price $235,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11908845
Sold Date 03/21/24
Bedrooms 7
Year Built 1905
Annual Tax Amount $1,880
Tax Year 2022
Lot Dimensions .096
Property Sub-Type Two to Four Units
Property Description
Attention Investors!! This is a fantastic investment opportunity for those looking to breathe new life into a classic multi-unit property!! Take advantage of Chicago's strong rental market with this 7 bed/4 bath, 3-flat multi-unit that is ready for transformation. With separate gas meters & electrical panels for each unit, this property offers a wealth of income potential for investors and is perfectly suited for a skilled renovator or someone looking to create a customized living space. Recently appraised ARV = $510k. No current tenants & already cleared out. Conveniently located near downtown Chicago, O'Hare/Midway airports, major expressways, top ranked hospital systems, tenants have easy access to employment and leisure. Great oppty to build equity and establish a cash flowing investment!!
Location
State IL
County Cook
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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