$1,220,000
SOLD MAY 23, 2025
6 Beds
6 Baths
1,195 Sq Ft
-- Built

Recently Sold

$1,021 Per Sq Ft

5% Below List Price

45 Days on Market

Highlights

  • Deck
  • Balcony
  • Paved or Partially Paved Lot
  • Property is near a park
  • Soaking Tub

About This Home

As of May 2025

THEE Quintessential Turn Key Investment at 1525 West Augusta Boulevard, Chicago Illinois 60642! Nestled between the Wicker Park & River West Neighborhoods | This Multi-Family Building in HOT WEST TOWN has a Total of 3 Units designed with (3) Two Bedrooms / 2 Bathroom Apartments with Gas Fireplaces | Each Apartment has an En Suite Bathroom | Commodious & Money Making Floor Plans | Roomy Private Decks/Space for each Apartment | All Apartments have Stackable In-Unit Laundry, Central Air Conditioning and Gas Forced Heat in all the Apartments | Tenants responsible for Gas (Heat & Cooking) & Electricity | LOW OPERATING EXPENSES | FULLY LEASED/Occupied with Solid Leases | Separate Water Heaters and HVAC Systems | Well-Maintained & Professionally Self-Managed throughout its ownership | Offer Memorandum available upon request

Last Agent to Sell the Property

Arnell Cordero

Fulton Grace Realty License #475156122 Listed on: 03/06/2025

Fulton Grace Realty

Co-Listed By

Cirenia Zurawski

Fulton Grace Realty License #475185091

Last Buyer's Agent

Azin Amiran

Compass License #475196618

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,129

Year Renovated

  • 1997

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 6 Bathrooms
  • Soaking Tub

Parking

  • 3 Parking Spaces
  • Parking Lot
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Paved or Partially Paved Lot
  • Property is near a park

Community Details

Overview

  • 3 Units
  • West Town Subdivision

Building Details

  • Insurance Expense $3,570
  • Maintenance Expense $2,100
  • Manager Expense $7,620
  • Trash Expense $974
  • Water Sewer Expense $973
  • Gross Income $100,920
  • Net Operating Income $67,526

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,129

Year Renovated

1997

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: West Town
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 1997
  • ResoPropertyType: ResidentialIncome
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1997

Interior Features

  • Basement: Finished, Exterior Entry, 8 ft + pour, Full, Daylight
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Fireplace-Gas,Laundry Hook-Up,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Gas,Laundry Hook-Up,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Gas,Laundry Hook-Up,Cathedral Ceilings,Hardwood Floors,Skylights/Windows

Exterior Features

  • Construction Materials: Brick, Concrete
  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 1285000
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Alley, Parking Lot, On Site, Owned
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Manager Expense: 7620
  • Community Features: Park, Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense: 974
  • Water Sewer Expenses: 973
  • Trash Expense Year: 2025

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3200
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 67526
  • Insurance Expense: 3570
  • GrossIncome: 100920
  • Maintenance Expense: 2100
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 15129.37
  • Tax Year: 2023
  • Tax Exemptions: None

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $1,220,000 -5.1% $1,021 / Sq Ft
04/20/2025 04/20/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $1,285,000 0.0% $1,075 / Sq Ft
04/03/2025 04/03/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $1,285,000 0.0% $1,075 / Sq Ft
10/08/2024 10/08/24 Off Market $2,795 -- --
09/18/2024 09/18/24 Price Changed $2,795 -3.5% $2 / Sq Ft
09/01/2024 09/01/24 For Rent $2,895 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12306107

Midwest Real Estate Data (MRED)