Skip To Content

3100 N Racine Avenue

Chicago, IL 60657
  • $1,900,000
  • STATUS: Active Under Contract
  • ON SITE: 55 Days
  • MLS #: 11489296
Under Contract
UPDATED: 19 min ago
$1,900,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1890
County:

School Ratings & Info

Description

Come see this gorgeous six-unit center entrance apartment building located in Chicago's popular Lakeview neighborhood. The Property consists of two (2) 2Bd/1Ba, three (3) 3Bd/1Ba, and one (1) 3Bd/2Ba spacious and sun-filled apartments due to the building's corner location. The units feature hardwood floors, HVAC, and three apartments have in-unit laundry (2S,2N,3N). A number of the units have received updates, such as granite countertops, stainless steel appliances, and new bathroom fixtures. The Property has wood porches in the rear of the building, a basement with coin laundry, and five exterior parking spaces. Market rents for the area average 8- 30% higher, allowing a potential investor to raise rents "as-is".

Monthly Payment Calculator



© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-06T07:06:25.247 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.luxhomechicago.com/homes/132053922
Print Image

3100 N Racine Avenue Chicago, IL 60657

  • Price: $1,900,000
  • Status: Active Under Contract
  • On Site: 55 Days
  • Updated: 19 min ago
  • MLS #: 11489296
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1890
Built
Neighborhood:
Chi - Lake View
County:
Cook
Area:
Chi - Lake View
Property Description
Come see this gorgeous six-unit center entrance apartment building located in Chicago's popular Lakeview neighborhood. The Property consists of two (2) 2Bd/1Ba, three (3) 3Bd/1Ba, and one (1) 3Bd/2Ba spacious and sun-filled apartments due to the building's corner location. The units feature hardwood floors, HVAC, and three apartments have in-unit laundry (2S,2N,3N). A number of the units have received updates, such as granite countertops, stainless steel appliances, and new bathroom fixtures. The Property has wood porches in the rear of the building, a basement with coin laundry, and five exterior parking spaces. Market rents for the area average 8- 30% higher, allowing a potential investor to raise rents "as-is".
Exterior Features

Parking Total 5

Interior Features

Heat Ventilation Forced Air

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Gross Income 163892 Gross Scheduled Income 163892 Insurance Expense 4764 Maintenance Expense 2400 Mls Actual Status Contingent Net Operating Income 99426 Operating Expense 56348 Tax Annual Amount 27110 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeatHot Water Total Monthly Income 13624 Type Multi Family 5+

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Forte Properties, Inc.: 708-315-7310.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-06T07:06:25.247 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11489296-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11489296-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11489296-1.jpg
Logo
@properties
737 North Michigan Avenue, Suite 1800
Chicago IL, 60611