0 Beds

$2,150,000

2531-33 W Augusta Avenue, Chicago IL, 60622

Built in1893

Property typeMulti-family

Bought with Cathy Deutsch with @properties Christie's International Real Estate and Listed by Karen Biazar with North Clybourn Group, Inc. 773-252-0600

Overview

Sold

Closed

Listed May 6, 2026

Updated May 29

Classic Masonry Tandem *6 Unit Workhorse on the confluence of Smith Park, West Ukrainian Village and East Humboldt Park burgeoning with independent and cultural boutiques/commerce and connected to multiple gateways of transit. Set in Iconic Chicago Streetscape, Handsome facade Meaningful Cap X Improvements, Professionally Managed. Diverse Floorplans, AAA Tenant base, Bespoke Units Feature Individual HVAC Combination of Central Air and Window A/C, Hardwood Floors, Porcelian Planked and LVT. Combination of Laundry in units and Owned Laundry on Site, Majority Updated Kitchens and Baths*1 unit non confirming with clear path of conformity via ADU. Some Meat on the Bone for Minor Value Add by Choice, not Necessity. Perfect for 1031 Trade, Smaller Investor looking to Move up in Asset Class or a No Brainer Add into Portfolio. Rent Roll/Lease Schedule, Fixed Operating Expenses, Heating Disclosures, Survey, Available Upon Request.121k/90k NOI. Also available neighboring 2531 can be purchased separately or packaged creating a creative campus. 27.40 x 124.71 Boutique residential development site with type 1 zoning change to RM5 includes approved plans ** for 3 Unit with duplex up and 3 car garage *Plans are not for permit. Current site has Coach house with attached garage, multiple paved parking with curb cut with income in excess is 30K annual with leases through end of August. Tenants at 2531 have been provided notice of non-renewal and will be cooperatively vacating. Perfect opportunity to collect income during permitting process and tee up for 2027 development.

Other Property Details

Taxes: $24,395
Tax Frequency: Annually
Municipality: West Chicago

Bought with Cathy Deutsch with @properties Christie's International Real Estate and Listed by Karen Biazar with North Clybourn Group, Inc. 773-252-0600

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity^SM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Lucyna Wrucha Jenk are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the MLS GRID for MRED 5/29/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Properties displayed may be listed or sold by various participants in the MLS. Properties displayed may be listed or sold by various participants in the MLS.

Data is refreshed every 3 hours. Listing last updated 2:29 PM UTC on 5/29/2026.

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