Updated Brick Triplex with
For Sale
$1,780,000
1415 W Augusta Boulevard, Chicago, IL 60642
Residential Income, Chicago, IL
Property Size4,000 SF
Price / SF$445
Days on Market58
Property Features for 1415 W Augusta Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 8, Bedroom 5, Basement, Bathroom 1, Bathroom 3, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 9, Bedroom 6, Bedroom 3, Bathroom 2, Bathroom 5, Bathroom 6, Bathroom 4, Bedroom 2
Parking
3
Parking features
Garage
Basement
Finished, Full
Elementary school district
299
Middle school district
299
High school district
299
Directions
90/94 to Milwaukee exit go west to Ashland from Ashland go south to Augusta go east to property
Subdivision
CHI - West Town
Standard status
Active
APN
17053150180000
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
18925
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Amenities
stainless steel appliances
granite countertops
central a/c
high ceilings
Building Details
Year built
1879
Building materials
Brick
Buildings
1
Listing Agency:
Kale Realty
Listed By:
Kyle Olszewski
(312) 939-5253
Added: Sep 10
Changed: Oct 28
Last Checked: Nov 6 at 2:06PM
MLS# 12755194
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This brick triplex contains approximately 4,000 square feet with 9 bedrooms and 6 bathrooms across three residential units. The top-floor penthouse is a four-bedroom, three-bath duplex, while the first-floor residence offers two bedrooms and one bathroom. The garden unit includes three bedrooms and two bathrooms. High ceilings are featured in both upper units, and all residences have central A/C. Updated kitchens include stainless steel appliances and granite countertops, with natural gas heating and public sewer service.
The property at 1415 W Augusta Boulevard is in Chicago’s Noble Square area, within walking distance of Wicker Park, Ukrainian Village, restaurants, parks, and CTA access. Three separate covered single-car garage spaces are included, and the property provides access to I-90-94. The building has had no vacancy for 10 years.
The property at 1415 W Augusta Boulevard is in Chicago’s Noble Square area, within walking distance of Wicker Park, Ukrainian Village, restaurants, parks, and CTA access. Three separate covered single-car garage spaces are included, and the property provides access to I-90-94. The building has had no vacancy for 10 years.
Key Highlights
- Three‑unit brick building with approximately 4,000 square feet
- Unit mix includes a 4‑bedroom, 3‑bath duplex, a 2‑bedroom, 1‑bath unit, and a 3‑bedroom, 2‑bath garden unit
- 9 bedrooms and 6 bathrooms across the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,679
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,333,580
$1.3M
Cap Rate 7%
$952,557
$952.6K
Cap Rate 9%
$740,878
$740.9K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$100.8K $25.20/SF
− Vacancy
−$5.5K −$1.39/SF
EGI
$95.3K $23.81/SF
− OpEx
−$28.6K −$7.14/SF
NOI
$66.7K $16.67/SF
Area
Chicago, IL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,333,580
Cap Rate 7%
$952,557
Cap Rate 9%
$740,878
Alternative Uses
Best Use
Multifamily LT 5
$952.6K
$833.5K – $1.11M
NOI $66,679 @ 7.0% cap · market cap 3.75%
Second Best
Apartment 5plus
$876.0K
$766.5K – $1.02M
NOI $61,317 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$1.89M
$1.65M – $2.20M
NOI $132,019 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,877
Businesses Nearby
Explore this area
Business Placement
Demographics for 60642, IL
21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
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Market
Properties on Market for Triplexes in Chicago
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit building with renovated kitchens, central A/C, high ceilings, and separate covered garage parking.
Where is this triplex located?
The property is located at 1415 W Augusta Boulevard Chicago, IL.
What is the asking price?
The asking price for this property is $1,780,000.
What are key features of this property?
This property features: Three‑unit brick building with approximately 4,000 square feet; Unit mix includes a 4‑bedroom, 3‑bath duplex, a 2‑bedroom, 1‑bath unit, and a 3‑bedroom, 2‑bath garden unit; 9 bedrooms and 6 bathrooms across the property
