1437 W Augusta

Chicago, IL 60642

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!