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$725,000

Est. payment - /mo

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7 Beds

3 Baths

Active

1437 W Augusta BLVD Chicago, IL 60642

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12336163

Bedrooms 7

Year Built 1890

Annual Tax Amount $13,121

Tax Year 2023

Lot Dimensions 3048

Property Sub-Type Two to Four Units

Property Description

Spacious and character-filled 7BD/3BA legal 2 multi-unit in vibrant Noble Square offering approximately 3,140 sq ft. The front portion, formerly a 1900s candy store, is now a spacious 16x14 living room with soaring 12-ft ceilings. The rear addition features a large primary bedroom (10x14) with in-unit washer/dryer. A portion of the basement (approximately 18x15) is unfinished and offers great potential for added storage or future living space, this space's height is low at 5'5'. The basement overall needs a full rehab, but the potential is significant, the front portion of the basement's height is about 6'. There's a staircase connecting the first floor directly to the basement, providing convenient access. The first floor has three separate entrances: one in the front and two that lead to the backyard, offering excellent flexibility for multigenerational living or added privacy. Live in one unit and rent the other, or convert the entire property into a truly unique single-family home. Major updates include: 2 boilers (2019), new A/C condenser (2024), tuck pointing, facade, windows, metal support beam between floors, rebuilt front extension (2019), and a roof that is approximately 17 years old. The second-floor unit also has space to add a stackable laundry. Ideally located just 3 minutes to the I-90 expressway entrance/exit, walking distance to the CTA Blue Line, minutes to the Loop, and close to some of the city's best dining and amenities. It should be noted that the current rents are considered low, and there is ample margin for rent increases. Prime opportunity with income and upside potential!

Location

State IL

County Cook

Area Chi - West Town

Zoning MULTI

Rooms

Basement Partially Finished, Partial, Walk-Out Access

Interior

Heating Forced Air

Fireplace N

Exterior

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Grisell Perez • Coldwell Banker Realty

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106