Rare Residential Boutique Development Site Ukrainian Village 27.40 x 124,71 Zoned RM5 Type 1 Zoning change includes approved plans* for 3 Unit with duplex up and 3 car garage *Plans are not for permit. Current site has Coach house with attached garage, multiple paved parking with curb cut with income in excess is 30K annual with leases through end of August. Tenants have been provided notice of non-renewal and will be cooperatively vacating. Perfect opportunity to collect income during permitting process and tee up for 2027 development. Also available separately, neighboring 2533 Augusta Brick 5 unit with non- conforming 6th and clear path to bring to conformity. 121K/ 90K NOI fully stabilized, with meat on the bone $7.2 CAP Can be purchased together or separate. CALL LISTING AGENT FORE MORE DETAILS
Property Features
Utilities
Natural Gas Available
Sewer Connected
Water Available
Heating Information
Natural Gas
Forced Air
Cooling Information
Central Air
Basement
None
School Information
School Information for 2531 W AUGUSTA Boulevard, Chicago, IL 60622
Elementary School
299
Middle School
N/A
High School
299
Listing Courtesy: North Clybourn Group, Inc. - 773-252-0600
Based on information submitted to the MLS GRID as of 2026-03-24 10:17:11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-03-24 10:17:11
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