HouseCanary, Inc. Brokerage

4225 W Augusta Blvd., Chicago, IL 60651

Multifamily
8 Beds
4 Baths
2,992 Sq Ft
25 Days on Market

Listing Agent & Comments

Drakia WilkinsRE/MAX Premier
312-475-1717drakia.wilkins@remax.net
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!

MLS# MRD12334196 • Data provided by MRED as distributed by MLS Grid
Additional home details
Living Area2,992 Sq.Ft.
Lot Size4,535 Sq.Ft.
Total Rooms--
Bedrooms8
Bathrooms4
Stories2
Year Built1910
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$5,714
Property in Flood Zone--
BasementYes
PoolNo
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Under Contract $660,000
Estimated monthly payment $3,428
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Courtesy of RE/MAX Premier