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.
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For more information about 1838 W Augusta, Chicago, IL 60622 contact Corcoran Urban Real Estate.
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