Humboldt Park 5-Unit Mixed-Use Property For Sale on Augusta

3216 W Augusta Boulevard, Chicago, IL 60651

Humboldt Park 5-Unit Mixed-Use Property For Sale on Augusta
Price:   CLOSED: Sold 6/1/2018
Listing Type:   Seller Rep
Property Type:   Mixed Use
Cap Rate:   8%
Taxes:   $249 (2015)
PIN #(s):   16-02-414-035-0000
Size:   5,476 Sq Ft
Stories:   4
Zoning:   RS-3
Alderman:   Maldonado

 

Highlights:

– Stabilized 5-unit mixed-use building in high-visibility location at Augusta and Kedzie, in redeveloping area near Humboldt Park

– Fully-occupied to long-term tenants, includes large units with upside in rents

– Rehab to 2 apartments completed Summer 2017

– Features massive top-floor unit with 2 decks and skyline views

– Commercial space currently leased to general contractor

– Available at a 8% cap rate on actual P&Ls

 

Map and Directions

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