Courtesy of: Jacob Steinle, Compass, jake.steinle@compass.com;jake@mgchicago.co
Courtesy of: Jacob Steinle, Compass, jake.steinle@compass.com;jake@mgchicago.co
$1,599,900
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6 bed
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Other
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$1,599,900
2231 W Augusta Boulevard One-of-a-kind, gut renovated all brick masonry 3 flat on an oversized 30x125 lot in the heart of Ukrainian Village! No detail was overlooked with this modern rehab of a stately, landmarked building. All original architectural details were meticulously retained and restored, the basement was dug out and reinforced, the exterior and backyard have been professionally landscaped and a brand new 3 car garage was built. All units include original hardwood flooring throughout, tastefully modern kitchens & bathrooms, central heat & A/C, in-unit washers & dryers and private outdoor spaces. Unit 1 is a 1 bed/1 bath, currently being used as a Superhost Airbnb, averaging around $4, 109/month on aggregate over the past 12 months. Unit 2 is a 2 bed/2 bath that is currently owner occupied with a market rent of $3, 400/month. And finally, Unit 3 is a 3 bed/2 bath and is currently rented for $3, 300 through 3/2024 generating $129, 708 in gross rental income annually. Expenses total $24, 078/year and include owner provided Wi-Fi for all tenants and a Tesla charging station in the garage. This is truly a special opportunity for either an owner occupier or a strict investor to own a fully stabilized, completely turnkey Class A asset in a prime downtown Chicago location with little to no maintenance or vacancy.
Courtesy of: Jacob Steinle, Compass, jake.steinle@compass.com;jake@mgchicago.co
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