2502 W Augusta Blvd, Chicago, IL, 60622 | $3,437/mo Cash Flow

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2502 W Augusta Blvd, Chicago, IL, 60622 | $3,437/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Chicago at 2502 W Augusta Blvd, Chicago, IL, 60622 offers a 12.55% rental yield on a $975,000 purchase with $10,200/mo rent. Total monthly income registers $10,200/mo, and a $4,772/mo payment leaves $3,437/mo available for distribution. Annual cash flow reaches $41,248/yr on $320,775 to close, and return on cash invested stands at 32.92% in year one. Equity gained on principal adds $6,292/yr while 5% annual appreciation supports $269,375 over five years. Portfolio math shows five-year ROI at 173.57% and total cumulative return in cash at $556,755. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $10,200/mo property income against a $4,772/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1900

3,125 sqft lot

$N/A/sqft

No HOA

More details about the property

Prime West Town location! Estate Sale located on Augusta Boulevard, this well-maintained legal 3-unit greystone is hitting the market for the first time in over 40 years. This property offers an incredible investment opportunity in one of Chicago's most sought-after neighborhoods. Each spacious apartment features 3 bedrooms and 1 bath with timeless charm throughout. The building showcases beautiful original woodwork, with vintage character while offering endless potential to update or modernize. Improvements include a newer roof (less than 2 years old) and recently replaced windows on the 3rd floor, also under two years old. Furnace is less than 10 years old. Property is moments from Ukrainian Village, Wicker Park, bustling restaurants, boutique shops, and multiple public transportation options. This is your opportunity to own a beautiful piece of Chicago architecture in an unbeatable area.

Neighborhood Data

Neighborhood data shown for ZIP Code: 60622, Chicago, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	28,030 (100%)
Owner Occupied HU	9,870 (35.2%)
Renter Occupied HU	16,053 (57.3%)
Vacant Housing Units	2,107 ( 7.5%)
Median Home Value	$612,259
Average Home Value	$695,744