4952 W Augusta Blvd - Apartments FOR SALE


Chicago, IL 60651- Austin
$530,000 USD
708-280-0191
4952 W Augusta Blvd, Chicago, IL for Sale
$530,000 USD
Apartments - FOR SALE
1/10
null | 8.86% Cap Rate

4952 W Augusta Blvd
Chicago, IL 60651
Austin


HIGHLIGHTS

  • Great Location
  • Public Transit near by

OVERVIEW

Prime Investment Opportunity – Fully Renovated Three-Flat in Chicago This fully rehabbed three-flat apartment building presents an outstanding investment opportunity in a high-demand Chicago neighborhood. Featuring three income-generating units—two spacious three-bedroom apartments and one well-appointed two-bedroom unit—this property is move-in ready and primed for strong rental returns. Each unit has been meticulously upgraded with high-quality finishes and modern amenities: Garden Unit (3BR): Spacious layout with a beautifully updated kitchen and a large bathroom featuring a tiled walk-in shower. First-Floor Unit (2BR): Completely refreshed with a new kitchen and bathroom, refinished hardwood floors, and fresh paint. Second-Floor Unit (3BR): Newly renovated bathroom, fresh paint, and stunning flooring updates. Key Property Highlights: Major System Upgrades (2024): New plumbing, hot water heaters, furnaces, and updated electrical systems. Structural & Exterior Improvements: Roof replaced in 2018, underground sewage system upgraded in 2022, newly poured concrete walkway and front steps. Interior Enhancements: All units feature refinished or new high-quality vinyl flooring, modern kitchens with new appliances, and dual-pane windows (many recently replaced). Bathrooms: All units updated, with two featuring luxurious walk-in tiled showers (2024). Parking & Accessibility: Ample fenced parking for six or more vehicles. Conveniently located near Metra trains, bus lines, restaurants, and retail stores. Low Maintenance & Strong Rental Appeal: Freshly painted units (2024-2025), a well-maintained back porch, and durable finishes ensure long-term investment value. With significant capital improvements already completed, this turn-key multi-unit property is an ideal addition to any investor’s portfolio. Don’t miss this chance to acquire a hassle-free, high-performing rental asset in a sought-after location!

FOR SALE DETAILS

PRICE

$530,000 USD

PRICE/SF

$136 USD /SF

# OF UNITS

3

PRICE/UNIT

$176,667

CAP RATE

8.86%

% LEASED

66%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1918

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,594 SF

ZONING

RS-3

APN/PARCEL ID

16-04-413-024-0000

ASK ABOUT THIS PROPERTY

Allan McLeod-SmithSmith and Jones Realty, LLCMore Info
708-280-0191

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Allan McLeod-SmithSmith and Jones Realty, LLCMore Info
708-280-0191

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