2940 Racine Avenue, CHICAGO, 60657

$1,950,000 - Multi Family 5+ For Sale

$1,950,000

Beds
Baths
5,400Sqft
1928Built
MLS® #: 10481511
Active

ONCE IN A LIFETIME OPPORTUNITY-HEART OF LINCOLN PARK/DEPAUL AREA- BEAUTIFUL COACH HOUSE AND VINTAGE CENTER ENTRY 6 FLAT WITH 6 / 1 BEDROOM 1 BATH APARTMENTS WITH UPDATES THRU OUT-NEWER APPLIANCES-UPDATED KITCHEN CABINETS-LONG TERM TENANTS PAY ALL UTILITIES-LAUNDRY ROOM AND STORAGE FOR ALL UNITS IN BASEMENT-COACH HOUSE IS TWO BEDROOM W/OFFICE OR EXTRA BR-TWO BATHS RECENTLY UPDATED- TWO CAR ATTACHED GARAGE WITH ROOM FOR GUEST PARKING OUTSIDE-OUTDOOR ROOF TOP AREA FOR GRILLING / ENTERTAINING + SITTING BALCONY OFF MASTER BED OVERLOOKING GLORIOUS FLOWER FILLED YARD WITH IN GROUND SPRINKLERS AND PROFESSIONAL LOW VOLTAGE LIGHTING SYSTEM-COACH HAS SECURITY SYSTEM AND NIGHT LIGHTING-TOO MUCH MORE TO LIST IN THIS 1 OF A KIND INVESTMENT PROPERTY-POTENTIAL INCOME WITH ALL UNITS AND COACH HOME AT MARKET RENTS IN EXCESS OF $145K PR YEAR-NOTHING COMPARES TO THIS PROPERTY AND THE POSSIBILITIES FOR THE FUTURE ARE EXCELLENT

Additional Information: This property is located in the CHI - Lake View neighborhood, IL. This bedrooms multi family 5+ property is priced at $361.1/sqft.

Price & Status History

Date Details
Status Changed from New to Active

Essential Information

MLS® #: 10481511
Price: $1,950,000
Taxes: $35,819
Square Footage: 5,400
Acres: 0.00
Year Built: 1928
Type: Commercial
Sub-Type: Multi Family 5+
Status: Active

Community Information

Address: 2940 Racine Avenue
Area: CHI - Lake View
City: CHICAGO
County: Cook
State: IL
Zip Code: 60657

Amenities

Utilities: Water-Municipal
Parking Spaces: 3

Interior

Heating: Forced Air, Gas, Space Heaters
Cooling: Central Air, Window Unit/s
Has Basement: Yes
Stories: 3

Exterior

Exterior: Brick
Roof: Flat
Construction: Brick
Foundation: Concrete

Additional Information

Zoning: MULTI

Listing Details

Listing Office: Homesmart Connect LLC

Financials

$/SqFt: $361

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Listing information last updated on September 18th, 2019 at 6:20am CDT.