Seller's Agent in 2018
Chris Pezza
Corcoran Urban Real Estate
(630) 460-0625
2 in this area
48 Total Sales
3216 W Augusta Blvd Chicago, IL 60651
Humboldt Park Neighborhood
7
Beds
4
Baths
6,200
Sq Ft
5,240
Sq Ft Lot
About This Home
As of June 2018Fabulous cash flow opportunity. Long-term partnership selling off all assets (ask about other properties). 3 Apartments Plus finished basement plus 1 Warehouse. 2 Apartments Recently Rehabbed to bring MASSIVE rent increases. 2 Apartments left to rehab. Warehouse leased to General Contractor for equipment storage. True 8.4% Cap Rate!!! Excellent Cash Flow with upside. All units have Laundry. Large Layouts. Penthouse unit with high ceilings and 2 decks has massive rent upside. Opportunity awaits! Please note property is 2 PINs and 2 Addresses - must be purchased together as property is 1 building.
Last Agent to Sell the Property
Corcoran Urban Real Estate License #475135981 Listed on: 09/14/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $128
Year Built
- Built in 1913
Lot Details
- 5,240 Sq Ft Lot
- Lot Dimensions are 40x131
- Additional Parcels
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 6,200 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $344
- Insurance Expense $1,729
- Maintenance Expense $11,611
- Other Expense $1,550
- Water Sewer Expense $3,509
- Operating Expense $24,443
- Gross Income $83,040
- Net Operating Income $57,106
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2018 06/01/18 | Sold | $615,000 | -8.9% | $99 / Sq Ft |
| 04/30/2018 04/30/18 | Pending | -- | -- | -- |
| 04/11/2018 04/11/18 | For Sale | $675,000 | +9.8% | $109 / Sq Ft |
| 03/31/2018 03/31/18 | Off Market | $615,000 | -- | -- |
| 01/28/2018 01/28/18 | For Sale | $675,000 | +9.8% | $109 / Sq Ft |
| 12/31/2017 12/31/17 | Off Market | $615,000 | -- | -- |
| 11/27/2017 11/27/17 | For Sale | $675,000 | 0.0% | $109 / Sq Ft |
| 10/16/2017 10/16/17 | Pending | -- | -- | -- |
| 09/14/2017 09/14/17 | For Sale | $675,000 | -- | $109 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Chris Pezza
-
Tyson Schutz
Buyer's Agent in 2018
Tyson Schutz
The Apartment Source
(708) 769-0279
1 in this area
15 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09750779
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