2617 Rascher Avenue, Lincoln Square, Chicago, Illinois 60625

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$810,000

Sold
Status:	Closed
Sqft:	0
Cost/Sqft:	—
Beds:	12
Baths:	0
Year Built:	1932
Property Taxes:	$10,312
Days On Market:	2883
Lot Size:	0,00

Map

Street View

Description

GREAT OPPORTUNITY TO OWN A LEGAL 4 UNIT IN LINCOLN SQUARE/BUDLONG WOODS. TURN KEY FULLY RENTED MONEY MAKER WITH LONG TERM TENANTS WITH 7% CAP RATE. 1ST 2ND AND 3RD FLOOR HAVE 3 BEDS AND 1 BATH LIVING ROOM DINING ROOM AND KITCHEN RENTED $1500 EACH. LEGAL GARDEN 3 BED 2 BATH RENTED FOR $1200. 2 CAR GARAGE RENTED FOR $250/MONTH. NEW COIN LAUNDRY BRINGS ABOUT $175/MONTH. NEWER HVAC IN ALL UNITS, NEW ROOF NOVEMBER 2017. UNITS HAVE NEW KITCHEN, BATHS, FLOORING, APPLIANCES. TENANTS PAY ALL UTILITIES.

Property Specifics

Proerty Type	Multi-unit
Stories	—
Style	Traditional
Year Built	1932
Basement	Full,Walkout
Model	—
Waterfront	No
Lot Size	—

County	Cook
Subdivision	—
Association Fees / Frequency	— / —
Association Fees Includes	—
Water	Lake Michigan
Sewer	Public Sewer
MLS #	09974698
PIN #	13122140140000

Nearby Schools

	DISTRICT:	DISTANCE:
Grade School Jamieson Elementary School	299	—
Middle School Jamieson Elementary School	299	Not in DB
High School Mather High School	299	Not in DB

Property History

DATE:	EVENT:	PRICE:	SOURCE:
26 Jul, 2016	Sold	$550,000	MRED MLS
15 Jun, 2016	Under contract	$519,900	MRED MLS
8 Jun, 2016	Listed for sale	$519,900	MRED MLS
26 Oct, 2018	Sold	$810,000	MRED MLS
27 Jul, 2018	Under contract	$849,900	MRED MLS
5 Jun, 2018	Listed for sale	$849,900	MRED MLS

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Room Specifics

All Bedroom Info:
Total Bedrooms: 12
Bedrooms Above Ground: 12
Bedrooms Below Ground: 0

Second Bedroom Info:
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Third Bedroom Info:
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Fourth Bedroom Info:
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Fifth Bedroom Info:
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Sixth Bedroom Info:
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Seventh Bedroom Info:
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Eighth Bedroom Info:
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Ninth Bedroom Info:
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Tenth Bedroom Info:
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Bedroom Info:
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Bedroom Info:
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Bathroom Info:
Full Bathrooms: 5

Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —

Additional Rooms Info:
Rooms: —

Basement: Full,Walkout
Basement Description: Finished

Other Specifics

Garage	2
Foundation	Brick/Mortar,Concrete Perimeter
Driveway	—
Exterior Features	—
Lot Description	Fenced Yard
Lot Dimensions	25 X 125
Attic	—
Master Bathroom	—
Miscellaneous	—
Appliances	—
Equipment/Fixtures	Not in DB
Area	—
Park	—
Common Area	—
Fireplace(s) Info	—