Essex Realty Group, Inc. is pleased to announce the sale of 2647 West Augusta Boulevard, located in Chicago’s popular Ukrainian Village neighborhood. The building totals 6 units, primary consisting of spacious 2 bed/1 bath apartments. The units are a mixture of predominately vintage and lightly updated kitchens and bathrooms. All apartments are spacious & bright and feature separate individual gas furnaces and hot water heaters, along with hardwood floors and common laundry in the basement. An opportunity exists for an investor to raise current rents to market level by updating kitchens & baths, and adding in-unit laundry & individual HVAC.
Essex conducted an extensive marketing campaign resulting in 16 property tours and several offers.
The West Town neighborhood of Chicago is located a few miles west of Chicago’s Loop and offers views of Chicago’s skyline from most parts of the neighborhood. West Town benefits by being comprised of several neighborhoods who’s residents have brought a rich history. Neighborhoods within West Town include: East Village, Eckhart Park, portions of Humboldt Park, Noble Square, portions of River West, Smith Park, Ukrainian Village, and Wicker Park.
Today, West Town is rapidly changing and becoming one of Chicago’s most desirable neighborhoods, offering an array of colorful galleries and museums, independent theaters, quaint coffee shops, and a booming restaurant and nightlife scene. 2641 & 2647 W Augusta are located in the heart of West Town, just blocks from the neighborhood’s popular Chicago Avenue, as well as in close proximity to public transportation.
*Neighborhood information from https://www.westtownchicago.com/
- Primarily Spacious 2 Bedroom Apartments with Open Layouts
- Opportunity to Renovate Kitchens, Baths, Install In-Unit Laundry
- Current Vacancy Ready for Immediate Renovation
- Fantastic Ukrainian Village Locations, Close Proximity to Chicago/California Avenue Retail & Hospitality