Two-Unit Residential Income
5400 West Augusta Boulevard Chicago, IL 60651
5400 West Augusta Boulevard, Chicago, IL, 60651
$425,000
For Sale
$425,000
Chicago two-unit building with central heat, multiple enclosed porch areas, finished attic and basement, and a wide rear yard.
Property Size2,240 SF
Price / SF$189.73
Days on Market14
Property Features for 5400 West Augusta Boulevard
General Information
- Standard status
- Active
- Size
- 2,240 SF
- Property subtype
- Two to Four Units / 2 Flat
Building Details
- Year Built
- 1903
Listing agency
Century 21 NuVision Real Estate
(773) 577-6450
Listed by
Jose de la Torre · License #471013785
(773) 577-6450
Source
Compass
Added: Jul 9 Updated: Jul 21 at 9:33AM Checked: Jul 22 at 10:03AM
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 Century 21 NuVision Real Estate
Investment Insights
Based on property information with market context.
This two-unit residential duplex includes main floor and second-floor apartments with central heat, plus additional finished space throughout. The first-floor owners apartment offers 2 bedrooms, 1 bathroom, and an extra enclosed porch room suitable for storage. The second-floor apartment features 3 bedrooms, 1 bathroom, along with an enclosed porch room for additional storage.
Additional living space includes a finished attic with 1 bedroom, 1 bathroom, a storage room, and two separate entrances. The finished basement provides 2 bedrooms, 1 bathroom, and two separate entrances as well. The roof was completed with a full tear-off approximately five years ago and included new plywood. The property also has a wide-open rear yard that can accommodate off-street parking and outdoor use.
The property is being sold as-is.
Additional living space includes a finished attic with 1 bedroom, 1 bathroom, a storage room, and two separate entrances. The finished basement provides 2 bedrooms, 1 bathroom, and two separate entrances as well. The roof was completed with a full tear-off approximately five years ago and included new plywood. The property also has a wide-open rear yard that can accommodate off-street parking and outdoor use.
The property is being sold as-is.
Key Highlights
- 2‑unit Chicago residential building built in 1903 with central heat in both main units
- 1st‑floor unit: 2 bedrooms, 1 bathroom plus an enclosed porch room for storage
- 2nd‑floor unit: 3 bedrooms, 1 bathroom plus an enclosed porch room for extra storage
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.4k | $25.20 |
| − Vacancy | −$3.1k | −$1.39 |
| EGI | $53.3k | $23.81 |
| − OpEx | −$16.0k | −$7.14 |
| NOI | $37.3k | $16.67 |
2,240 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$533.4K
$466.8K – $622.3K
NOI $37,340 @ 7.0% cap · market cap 8.79%
Second Best
Apartment 5plus
$490.5K
$429.2K – $572.3K
NOI $34,337 @ 7.0% cap · market cap 8.08%
Theoretical Best
Office A
$1.06M
$924.1K – $1.23M
NOI $73,931 @ 7.0% cap · market cap 17.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Chicago two-unit building with central heat, multiple enclosed porch areas, finished attic and basement, and a wide rear yard.
Where is this duplex located?
The property is located at 5400 West Augusta Boulevard Chicago, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2‑unit Chicago residential building built in 1903 with central heat in both main units; 1st‑floor unit: 2 bedrooms, 1 bathroom plus an enclosed porch room for storage; 2nd‑floor unit: 3 bedrooms, 1 bathroom plus an enclosed porch room for extra storage
