Search
10-Unit Brick Apartment Building
For Sale
$1,732,000

4954-56 W Augusta Boulevard, Chicago, IL 60651

Renovated corner property with separate utilities and individual HVAC serving every apartment.

Property SizeContact for details
Days on Market1195

Property Features for 4954-56 W Augusta Boulevard

General Information

Standard status Active
Property subtype MULTI_FAMILY

Site & Location

Public Transit Yes
Utilities to Site Yes

Additional Details

Multifamily Units 10

Taxes and HOA fees

Annual Taxes $15,994

Building Details

Year Built 1909
Buildings 1
Construction brick
Listing Agency: @properties Christie's International Real Estate
Listed By: Jonie Montalbano · License #471016795
Source: Dawnmckennagroup
Added: May 18, 2023 Changed: Aug 22 Last Checked: Aug 23 at 8:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of @properties Christie's International Real Estate

Investment Insights

Based on property information with market context.

This 10-unit apartment building is a brick corner property originally constructed in 1909. The apartments have undergone a comprehensive rehabilitation, with improvements including a tear-off roof, new porches, replacement windows, and commercial entrance doors. Each unit has individual HVAC, and utilities are separately metered.

The property is positioned near transportation, shopping, and parks, with Oak Park located a few blocks away. The building’s apartment configuration and completed physical upgrades provide a clear multifamily operating profile, while the basement areas may offer future remodeling or repurposing possibilities.

Key Highlights

  • 10‑unit apartment building originally constructed in 1909
  • Brick corner building with a tear‑off roof and new porches
  • Individual HVAC systems in all units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

977
Businesses Nearby

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Renovated corner property with separate utilities and individual HVAC serving every apartment.
Where is this apartment building located?
The property is located at 4954-56 W Augusta Boulevard Chicago, IL.
What is the asking price?
The asking price for this property is $1,732,000.
What are key features of this property?
This property features: 10‑unit apartment building originally constructed in 1909; Brick corner building with a tear‑off roof and new porches; Individual HVAC systems in all units
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message