Solid investment in residential area of Austin. High CAP rate of 11.05% SEPARATE utilities including INDIVIDUAL heating in all units. Corner Building. Many improvements have been made in this solid brick corner building. Newer remodeled apartments, tear-off roof, porches, windows, commercial entrance doors and much more.. Some value-add possibilities including basement remodels and repurposing. Possible gated parking in the rear of the property. 9 apartments +1 non conforming garden unit possibilty for additional income. Great location with nearby transportation, shopping and parks. Just blocks away from trendy Oak Park! Very easy to rent!
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For more information about 4954-56 W Augusta, Chicago, IL 60651 contact Corcoran Urban Real Estate.
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