Professionally renovated 6-unit building located in Prime Wicker Park close to everything. Pricing reflects a 10.1x GRM on in-place income. The building was gut renovated with all new electrical, plumbing, stainless steel appliances and HVAC in 2016 with various upgrades completed over the past several years. The building is 100% leased with upside in the rents. It features 3 surface parking spaces at the back of the property and an unfished basement that has been approved by the City for conversion to up to two additional dwelling units under Chicago's Accessory Dwelling Unit Ordinance (ADU). The building is being offered with the adjacent property at 1840 W Augusta individually or as a package.
Property Map
Please use the print button to include maps when printing.
Property Details
Utilities
Heating
Cooling
Water
Sewer
Additional Information
Payment Calculator
Listing History
06-19-2023
Listed at $1,750,000
09-10-2023
Price decreased by $100,000 to $1,650,000
10-10-2023
Price decreased by $55,000 to $1,595,000
10-31-2023
Price decreased by $70,000 to $1,525,000
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
