Skip To Content

    2943 N Racine Avenue

    Chicago, IL 60657
    • $925,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 11215197
    UPDATED: 51 min ago
    $925,000
    • 6
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1896
    County:

    School Information

    Elementary School:
    Middle School:
    School District:
    299

    Description

    ATTN INVESTORS! 5.8% CAP with potential for 7%. Well maintained 3-flat in AAA+ Lakeview location ideal for renters or convert to SFH. Features newly gut-rehabbed (2020) top floor 3BD/2BTH duplex-up with all new appliances, HVAC, kitchen/baths ++. Unit 1 2BD/1BTH and 1BD/1BTH Garden unit each with mix of vintage and modern charm. Spacious Floor Plans with improvements throughout - HDWD Floors, Newer Baths/Kitchen & Mechanicals. Structural Engineer approved building w/excellent history of tenants & steady income. All 3 units have been fully leased for 10+ years, with zero vacancy, and minimal marketing effort. Units 1 or 2 make for ideal Owner's Units, with Garden as bonus income. Newly paved (2019) and spacious rear patio and side breezeway + newly built (2019) 2-Car Detached Garage (parking included in rents). Walkers paradise +++

    Monthly Payment Calculator



    © 2021 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 John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-09-25T07:59:25.65 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.johnlyonsrealestate.com/homes/121320487
    Print Image

    2943 N Racine Avenue Chicago, IL 60657

    • Price: $925,000
    • Status: Active
    • Updated: 51 min ago
    • MLS #: 11215197
    6
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1896
    Built
    Neighborhood:
    Chi - Lake View
    County:
    Cook
    Area:
    Chi - Lake View
    Elementary School:
    Agassiz Elementary School
    Middle School:
    Agassiz Elementary School
    High School:
    Lincoln Park High School
    School District:
    299
    Property Description
    ATTN INVESTORS! 5.8% CAP with potential for 7%. Well maintained 3-flat in AAA+ Lakeview location ideal for renters or convert to SFH. Features newly gut-rehabbed (2020) top floor 3BD/2BTH duplex-up with all new appliances, HVAC, kitchen/baths ++. Unit 1 2BD/1BTH and 1BD/1BTH Garden unit each with mix of vintage and modern charm. Spacious Floor Plans with improvements throughout - HDWD Floors, Newer Baths/Kitchen & Mechanicals. Structural Engineer approved building w/excellent history of tenants & steady income. All 3 units have been fully leased for 10+ years, with zero vacancy, and minimal marketing effort. Units 1 or 2 make for ideal Owner's Units, with Garden as bonus income. Newly paved (2019) and spacious rear patio and side breezeway + newly built (2019) 2-Car Detached Garage (parking included in rents). Walkers paradise +++
    Exterior Features

    Architectural Style Victorian Exterior Building Type Vinyl SidingCedarFrame Exterior Features Porch Screened Foundation Details Concrete Perimeter Garage Details Garage Door Opener(S)Transmitter(S) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Size Standard Chicago Lot Multi Family Type 3 Story Unit/S Parking Garage Parking Details Garage Roof Asphalt Waterfront YN No

    Interior Features

    Basement FinishedSub-BasementExterior Access Basement Details FullWalkout Bedrooms Below Grade 0 Bedrooms Total 6 Full Baths In Building 4 Half Baths In Building 0 Heating Natural GasForced Air Room Type Utility Room-1St Floor Rooms Total 17

    Property Features

    Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Community Features ParkCurbsSidewalksStreet LightsStreet Paved Corporate Limits Chicago General Information None Gross Income 78000 Net Operating Income 53578 New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2020 Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 16262.14 Tax Year 2020 Total Numberof Unitsin Building 3 Total Rental Income 78000 Township North Chicago Type Two To Four Units Water Source Lake Michigan Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Jameson Sotheby's Intl Realty.


    © 2021 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 John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2021-09-25T07:59:25.65 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/orig_boomver_1_11215197-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11215197-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11215197-1.jpg
    Logo
    John Lyons Real Estate | Baird & Warner
    2526 N Lincoln Ave
    Chicago IL, 60614