NOT LISTED FOR SALE

4954 W Augusta Blvd Chicago, IL 60651

Austin Neighborhood
18 Beds
9 Baths
-- Sq Ft
5,816 Sq Ft Lot

Sale Details

Date Sold: October 3, 2016

Last sale price $240,000

2 Days on Market

About This Home

As of October 2016

Solid investment! 10 unit apartment building. Completely GUT- Rehabbed! High CAP rate. SEPARATE utilities including INDIVIDUAL HVAC in all units. Corner Building. Many improvements have been made in this solid brick corner building. NEW apartments, tear-off roof, NEW porches, windows, commercial entrance doors and much more... Some value-add possibilities including basement remodels and repurposing. Possible gated parking in the rear of the property. Great location with nearby transportation, shopping and parks. Just blocks away from trendy Oak Park! Very easy to rent!

Last Agent to Sell the Property

Jonie Montalbano

@properties Christie's International Real Estate License #471016795 Listed on: 08/30/2016

@properties Christie's International Real Estate

Last Buyer's Agent

Jonie Montalbano

@properties Christie's International Real Estate License #471016795 Listed on: 08/30/2016

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,113

Year Built

  • Built in 1919

Lot Details

  • 5,816 Sq Ft Lot
  • Lot Dimensions are 46 x 126

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 3-Story Property
  • Partially Finished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 9 Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat, hot water

Community Details

Overview

  • 9 Units

Building Details

  • Electric Expense $1,200
  • Insurance Expense $3,000
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $15,000
  • Gross Income $86,400
  • Net Operating Income $71,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,113

Year Built

Built in 1919

Lot Details

5,816 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1919
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 9
  • Total Bedrooms: 18
  • Possible Use: Multi-Family
  • Basement Description: Partially Finished,Exterior Access
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Stone
  • Exterior Building Type: Brick,Stone,Limestone

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas

Fee Information

  • Trash Expense: 1200
  • Water Sewer Expenses: 1200

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 46 X 126
  • Lot Size Sq Ft: 5816
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Board Number: 8

Multi Family

  • Net Operating Income: 71400
  • Insurance Expense: 3000
  • ElectricExpense: 1200
  • GrossIncome: 86400
  • NumberOfUnitsTotal: 9
  • OperatingExpense: 15000
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 8113
  • Tax Year: 2014
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
08/02/2026 08/02/26 For Sale $924,900 0.0% --
01/17/2024 01/17/24 Off Market $924,900 -- --
05/18/2023 05/18/23 For Sale $924,900 +285.4% --
10/03/2016 10/03/16 Sold $240,000 0.0% --
09/01/2016 09/01/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $240,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

  • Jonie Montalbano

    Seller's Agent in 2023

    Jonie Montalbano

    @ Properties

    (773) 842-2753

    3 in this area

    42 Total Sales

    Jonie Montalbano
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09329235

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60651 Austin

4954 W Augusta Blvd, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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

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