4225 West Augusta, Chicago IL 60651
$660,000

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Property Description

Back on the Market - Buyer's Financing Fell Through! Here's your chance to own one of the few 4-unit buildings to hit the market in this area in nearly two years! This solid brick, turn-key 4-unit building sits on an oversized lot and is already producing strong, reliable cash flow. Each unit features 2 bedrooms and 1 bathroom, renting at 1,600/month. Three units are fully leased and generating steady income - the owner's unit is currently available, offering flexibility to move in, rent traditionally, or convert to a furnished Airbnb for even greater returns. Major rehab completed in 2020/2021 (with some permits) includes: * All new plumbing and electric * New water heaters, windows, kitchens, and appliances * Central A/C and heat throughout Additional improvements in 2025 include: * Roof work * Updated front and rear staircases The property also features a full basement with an in-place washer and dryer for tenant use and ample storage space. A gated parking pad in the backyard adds convenience and value. This building is truly turn-key, with no major work needed for years to come. It's already cash-flowing with three units - the fourth unit is pure profit waiting to be unlocked. Don't miss this rare investment opportunity in a high-demand area!

Features & Information

Key Details

  • List Price $660,000
  • Property Taxes $5,714
  • Price/ Sq. Ft. Unavailable
  • Year Built 1910
  • Parking Type Space/s
  • Status Active

Rooms

  • Total Rooms 4
  • Basement F

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  2

Building Information

  • Number of Units 4
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Gas
  • Units

  • Unit 1 Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
  • Unit 2 Stove, Refrigerator, Microwave, Central Air Conditioner, Hardwood Floors
  • Unit 3 Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
  • Unit 4 Stove, Refrigerator, Central Air Conditioner, Hardwood Floors

Location

  • County Cook
  • Township West Chicago
  • Corporate Limits Chicago
  • Directions to Property Augusta West Of Pulaski, East Of Kostner
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 5714
  • Tax Year 2023
  • Parcel Identification Number 16034170120000

Utilities

  • Sewer Sewer-Publ

Listed by Drakia Wilkins for RE/MAX Premier | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/16/2025 7:02 AM. 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.

Explore West Humboldt Park

A small up-and-coming, family-oriented area just west of spacious Humboldt Park, this primarily residential neighborhood mixes greenery and old homes with a splash of small businesses. As in many areas of Chicago, West Humboldt Park is a conventional development of detached, brick houses set off from the street by green grass lawns and long stretches of concrete sidewalks. Out on the major avenues, West Humboldt Parkers partake in delicious local menus at the dozen or so taquerias, pizza joints and sandwich shops in the vicinity. The retail stores in West Humboldt Park are good for quick errands and essential items. Mom-and-pop places reign supreme in this west side Chicago neighborhood, although a couple national establishments have made an appearance in recent years.

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