Leticia Cejeda
eXp Realty
(888) 589-5553
89 Total Sales
1 in Humboldt Park
$245,000 Price
2940 W Augusta Blvd Chicago, IL 60622
Humboldt Park Neighborhood
13
Beds
7
Baths
5,061
Sq Ft
2,727
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
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
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2023
Closed on
Jun 27, 2023
Sold by
2940 Augusta Llc
Bought by
Seller's Agent
Sara Benson
Benson Stanley Realty
Buyer's Agent
Mitir Patel
Essex 312, LLC
List Price
$1,150,000
Sold Price
$1,050,000
Premium/Discount to List
-$100,000
-8.7%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Outstanding Balance
$347,279
Interest Rate
6.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 1, 2016
Sold by
Mosaic Development Llc Series 3
Bought by
2940 Augusta Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,401
Interest Rate
3.61%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 26, 2014
Sold by
Chicago Title Land Trust Company
Bought by
Mosaic Development Llc Series 3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
12.99%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 28, 2008
Sold by
Cade Andrew
Bought by
Cade Faith B
Purchase Details
Closed on
Jan 25, 2005
Sold by
Cade Faith B and Cade Andrew
Bought by
Cosmopolitan Bank & Trust and Trust #31993
Purchase Details
Closed on
Jun 5, 2003
Sold by
Beniquez Antonio
Bought by
Guzman Brunilda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 9, 1998
Sold by
Banco Popular
Bought by
Guzman Brunilda and Beniquez Antonio
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Humboldt Park, IL
-
Leticia Cejeda
-
Irais Torres
Irais Torres
Fulton Grace Realty
(224) 808-4852
40 Total Sales
3 in Humboldt Park
$400K - $1.1M Price Range
-
Edgar Yuquilima
Edgar Yuquilima
Real People Realty Inc
(866) 515-6056
65 Total Sales
8 in Humboldt Park
$20K - $525K Price Range
-
Joseph Deardurff
Joseph Deardurff
Keller Williams ONEChicago
(630) 864-6422
77 Total Sales
1 in Humboldt Park
$647,000 Price
-
DeMarcus Hunter
DeMarcus Hunter
Compass
(877) 764-1862
78 Total Sales
1 in Humboldt Park
$211,850 Price
-
Ramara Vassel
Ramara Vassel
Responds QuicklyEXIT Strategy Realty
(833) 322-5943
31 Total Sales
1 in Humboldt Park
$377,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,050,000 | Chicago Title Insurance Compan | ||
| 2940 Augusta Llc | -- | Chicago Title Insurance Comp | |
| Mosaic Development Llc Series 3 | $475,000 | Chicago Title Land Trust Co | |
| Cade Faith B | -- | None Available | |
| Cosmopolitan Bank & Trust | -- | -- | |
| Guzman Brunilda | -- | -- | |
| Guzman Brunilda | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $787,500 | ||
| Previous Owner | 2940 Augusta Llc | $453,401 | |
| Previous Owner | Mosaic Development Llc Series 3 | $324,000 | |
| Previous Owner | Guzman Brunilda | $210,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $19,445 | $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
SB
Seller's Agent in 2023
Sara Benson
Benson Stanley Realty
(312) 337-4600
1 in this area
8 Total Sales
-
Mitir Patel
Buyer's Agent in 2023
Mitir Patel
Essex 312, LLC
(773) 209-4785
14 in this area
97 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.
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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Nearby Homes
- 1003 N Francisco Ave
- 948 N California Ave
- 934 N California Ave Unit 4N
- 2739 W Thomas St Unit 2
- 824 N California Ave
- 2724 W Cortez St Unit 3
- 805 N California Ave Unit 201
- 805 N California Ave Unit 403
- 805 N California Ave Unit 402
- 805 N California Ave Unit 401
- 805 N California Ave Unit 302
- 827 N Fairfield Ave
- 2711 W Haddon Ave
- 2753 W Chicago Ave
- 821 N Fairfield Ave
- 2657 W Thomas St Unit 2E
- 2710 W Haddon Ave Unit 1
- 2646 W Augusta Blvd Unit 3
- 3226 W Thomas St
- 2659 W Iowa St Unit 3
- 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 2
- 2942 W Augusta Blvd Unit 1
- 2942 W Augusta Blvd Unit 3
- 1000 N Richmond St Unit 1
- 1000 N Richmond St Unit MRD10945839
- 1000 N Richmond St Unit MRD09595320
- 1000 N Richmond St Unit 7704787-11488371
- 1000 N Richmond St Unit 3
- 1000 N Richmond St Unit GDN
- 1000 N Richmond St
- 1000 N Richmond St Unit G
- 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
Your Personal Tour Guide
Ask me questions while you tour the home.