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$ 660,000
Est. payment /mo
New
4225 W Augusta BLVD Chicago, IL 60651
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12334196
Bedrooms 8
Year Built 1910
Annual Tax Amount $5,714
Tax Year 2023
Lot Dimensions 36X125
Property Sub-Type Two to Four Units
Property Description
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!
Location
State IL
County Cook
Area Chi - Humboldt Park
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition Standard
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Drakia Wilkins • RE/MAX Premier
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