S
Seller's Agent in 2023
Sara Benson
Benson Stanley Realty
(312) 337-4600
1 in this area
10 Total Sales
2940 W Augusta Blvd Chicago, IL 60622
Humboldt Park Neighborhood
13
Beds
7
Baths
5,061
Sq Ft
1,742
Sq Ft Lot
About This Home
As of June 2023Rarely available extra-wide, center-entrance 6-unit building in the heart of beautiful Humboldt Park. Property is turnkey and 100% occupied with great cash flow providing a prime opportunity to acquire a well-performing asset with substantial value-add opportunity. The unit mix consists of six, 2-bed, 1 bath units, and one, 1 bed, 1 bath non-conforming garden unit. Located just one block east of the neighborhood's 207-acre historic namesake park, each apartment features spacious living space with hardwood floors, and bright bay windows capturing southern exposures and city views. Additional features include queen-sized bedrooms, and large private decks. Separate heating and on-site coin-operated laundry. Unit finishes contain a mixture of renovated and vintage details. All six apartments have built-in dishwashers. Walk two blocks to the vibrant California Avenue with its eclectic dining and shopping scene, or head around the corner to public transit. The California/Grand buses provide easy connections to the Blue Line trains. By adding individual washers and dryers to each unit, rents could be instantly increased.
Last Agent to Sell the Property
Benson Stanley Realty License #471010064 Listed on: 02/27/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,677
Year Built
- Built in 1899
Lot Details
- 2,727 Sq Ft Lot
- Lot Dimensions are 54 x 50.5
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Stone Foundation
- Tar and Gravel Roof
- Rubber Roof
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 5,061 Sq Ft Home
- 3-Story Property
- Finished Basement
- Exterior Basement Entry
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 13 Bedrooms
- 7 Bathrooms
Location
- Property is near public transit
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Heating System Uses Gas
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Tenant pays for electricity, heat, varies by tenant
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $4,083
- Fuel Expense $1,302
- Insurance Expense $4,209
- Trash Expense $2,566
- Water Sewer Expense $2,190
- Operating Expense $25,027
- Gross Income $114,240
- Net Operating Income $89,521
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/29/2023 06/29/23 | Sold | $1,050,000 | -8.7% | $207 / Sq Ft |
| 03/16/2023 03/16/23 | Pending | -- | -- | -- |
| 02/28/2023 02/28/23 | For Sale | $1,150,000 | -- | $227 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,236 | $96,500 | $15,053 | $81,447 |
| 2024 | $11,236 | $96,500 | $15,053 | $81,447 |
| 2023 | $10,921 | $53,096 | $5,376 | $47,720 |
| 2022 | $10,921 | $53,096 | $5,376 | $47,720 |
| 2021 | $10,677 | $53,096 | $5,376 | $47,720 |
| 2020 | $9,521 | $42,740 | $5,376 | $37,364 |
| 2019 | $8,587 | $42,740 | $5,376 | $37,364 |
| 2018 | $8,443 | $42,740 | $5,376 | $37,364 |
| 2017 | $8,357 | $38,822 | $4,569 | $34,253 |
| 2016 | $7,776 | $38,822 | $4,569 | $34,253 |
| 2015 | $7,114 | $38,822 | $4,569 | $34,253 |
| 2014 | $7,203 | $38,822 | $4,569 | $34,253 |
| 2013 | $7,061 | $38,822 | $4,569 | $34,253 |
Source: Public Records
Agents Affiliated with this Home
-
Sara Benson
-
Mitir Patel
Buyer's Agent in 2023
Mitir Patel
Essex 312, LLC
(773) 209-4785
15 in this area
106 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11718928
APN: 16013090250000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Nearby Homes
- 917 N Sacramento Blvd
- 858 N Richmond St
- 1020 N Mozart St Unit 2
- 2841 W Cortez St Unit 3
- 2841 W Cortez St Unit 1
- 3143 W Augusta Blvd
- 824 N California Ave
- 1129 N Mozart St Unit 1
- 936 N Fairfield Ave
- 833 N California Ave Unit 1C
- 2744 W Cortez St
- 2845 W Division St
- 2731 W Cortez St Unit 1
- 943 N Fairfield Ave
- 929 N Fairfield Ave
- 2726 W Cortez St Unit 1
- 2746 W Chicago Ave
- 855 N California Ave
- 2714 W Cortez St Unit 1
- 827 N Fairfield Ave
- 2940 W Augusta Blvd Unit 1
- 2940 W Augusta Blvd Unit 3
- 2940 W Augusta Blvd Unit 2
- 2940 W Augusta Blvd Unit G
- 2942 W Augusta Blvd Unit 1
- 2942 W Augusta Blvd Unit 3
- 1000 N Richmond St Unit 1
- 1000 N Richmond St Unit 3
- 1000 N Richmond St Unit GDN
- 1000 N Richmond St
- 1000 N Richmond St Unit G
- 1000 N Richmond St
- 1002 N Richmond St Unit 2
- 1002 N Richmond St Unit 1
- 1002 N Richmond St
- 2935 W Augusta Blvd
- 2935 W Augusta Blvd Unit 1
- 271 Augusta
- 1003 N Sacramento Ave
- 1003 N Sacramento Ave
Your Personal Tour Guide
Ask me questions while you tour the home.