SoldJun 16, 2025

Listed by Drakia Wilkins

Bought with Rogelio Barrera

Source: Midwest Real Estate Data, LLC #12334196

4225 W Augusta Blvd, Chicago, IL, 60651

$620,000

8
4
2

MultiFam

10 days on the market

Sold: Jun 16, 2025

What's around 4225 W Augusta Blvd

About this property

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!

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