2236 W Augusta Blvd - Apartments FOR SALE


Chicago, IL 60622- Ukrainian Village
$1,550,000 USD
773-293-5000
2236 W Augusta Blvd, Chicago, IL for Sale
$1,550,000 USD
Apartments - FOR SALE
1/9
null | 6.05% Cap Rate

2236 W Augusta Blvd
Chicago, IL 60622
Ukrainian Village


HIGHLIGHTS

  • Prime Ukrainian Village Location
  • Four (4) 2Bd/1Ba & One (1) 3Bd/1Ba
  • Spacious Units w/ Modern Kitchens & Baths
  • 100% Copper Plumbing
  • Updated 400 AMP Electric Service

OVERVIEW

Kiser Group is pleased to exclusively offer for purchase the sale of 2236 W. Augusta Blvd. A well-maintained 5-unit multifamily investment opportunity located in the highly desirable Ukrainian Village Neighborhood. Located in one of Chicago's premier residential neighborhoods, the property offers residents convenient access to the vibrant dining, shopping, and entertainment districts of Wicker Park, West Town, and Noble Square. The property is within close proximity to the CTA Blue Line, multiple bus routes, and major thoroughfares including I-90/94, providing seamless connectivity to Downtown Chicago, the Loop, and O'Hare International Airport. 2236 W. Augusta is comprised of four (4) 2Bd/1Ba units and one (1) 3Bd/1Ba. Furthermore, the building has been meticulously maintained and improvements include but are not limited to: Modern Kitchens and Baths, in-unit washer and dryer in each apartment, copper plumbing, newer hot water tanks, and an updated 400 AMP electric service. 2236 W. Augusta presents investors with a stabilized asset with a 6.0% cap rate in one of Chicago's most sought-after rental markets. By raising rents already achieved in the building, it presents an investor with an opportunity to attain a strong 7% cap rate with increased cash flow.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$268 USD /SF

# OF UNITS

5

PRICE/UNIT

$310,000

CAP RATE

6.05%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,751 SF

ZONING

RT4

APN/PARCEL ID

17-06-313-025-0000

ASK ABOUT THIS PROPERTY

Carson McDanielKiser GroupMore Info
773-293-5000

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Carson McDanielKiser GroupMore Info
773-293-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.