$1,732,000
$807K PRICE INCREASE

4954 W Augusta Blvd Chicago, IL 60651

Austin Neighborhood

Estimated payment $11,111/month

Total Views 9,306
-- Beds
-- Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 10 Fireplaces
  • Courtyard
  • Forced Air Heating System
  • Corner Lot

About This Home

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!

Listing Agent

Jonie Montalbano

@properties Christie's International Real Estate License #471016795 Listed on: 05/18/2023

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,994

Year Built

  • Built in 1909

Lot Details

  • Lot Dimensions are 50 x 125
  • Property fronts an alley
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Membrane Roofing
  • Reflective Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • 10 Fireplaces
  • Unfinished Basement
  • Exterior Basement Entry
  • Carbon Monoxide Detectors

Outdoor Features

  • Courtyard

Utilities

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

Community Details

Overview

  • 10 Units

Building Details

  • Electric Expense $1,495
  • Insurance Expense $3,960
  • Maintenance Expense $1,200
  • Manager Expense $7,158
  • Other Expense $9,963
  • Trash Expense $2,640
  • Water Sewer Expense $3,892
  • Operating Expense $40,994
  • Gross Income $150,696
  • Net Operating Income $102,167

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,994

Year Built

Built in 1909

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Courtyard
  • Stories: 2
  • Year Built: 1909
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,Othr-Call List Agent
  • Estimated Age: Older
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Exterior Entry
  • Fireplaces: 10
  • Fire Protection: Carbon Monoxide Detector(s)
  • Fireplaces: 10
  • Drive-In Doors: 0
  • Dishwashers: 10
  • Refrigerators: 10
  • Ranges: 10
  • Number of Washers: 10
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street, Alley Access
  • Roof: Membrane, Reflective Coating, Rubber
  • Roof Structure: Flat

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air,Gas,Individual Furnaces

Condo/Co-op/Association

  • Manager Expense: 7158
  • Unincorporated (Y/N): No
  • Conversion YN: N

Fee Information

  • Trash Expense: 2640
  • Water Sewer Expenses: 3892
  • Operating Expense Includes: Advertising,Gardener,Manager,Pest Control,Snow Removal

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat, Hot Water, All Utilities
  • Board Number: 10
  • Tenancy Type: Leases,Month To Month,1 or More Vacant

Building Info

  • Building Unit Info: Smoke/Alarm Detector

Multi Family

  • Net Operating Income: 102167
  • Insurance Expense: 3960
  • ElectricExpense: 1495
  • GrossIncome: 150696
  • Maintenance Expense: 1200
  • NumberOfUnitsTotal: 10
  • OperatingExpense: 40994
  • Type Multi-Family: Courtyard

Tax Info

  • Tax Annual Amount: 15994
  • Tax Year: 2024

Map

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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 Prior Sale
08/19/2026 08/19/26 Price Changed $1,732,000 0.0% --
08/19/2026 08/19/26 For Sale $1,732,000 +87.3% --
08/03/2026 08/03/26 Off Market $924,900 -- --
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% -- View Prior Sale
09/01/2016 09/01/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $240,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 11704629

Midwest Real Estate Data (MRED)
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