2909 Racine Avenue, Lake View, Chicago, Illinois 60657
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$664,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 5 |
| Baths: | 0 |
| Year Built: | 1886 |
| Property Taxes: | $9,390 |
| Days On Market: | 3524 |
| Lot Size: | 0,00 |
Description
Rents are WAY under market value for the neighborhood. The current tenants are long-term and the owner has never raised rent! Cap Rate is 7+ with market value rents. Yearly expenses for owner are minimal. Building is over 100 years old and needs some common area work. Perfect for a family wanting to live in Duplex up and rent Unit 1, or for an investor who wants to rent out both units. No work needed inside if plan is to rent. Also great for converting into a dream SFH in a gorgeous neighborhood!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1886 | |
| Partial | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan | |
| Public Sewer | |
| 09220576 | |
| 14292190070000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 27 Jun, 2016 | Sold | $664,000 | MRED MLS |
| 13 May, 2016 | Under contract | $699,000 | MRED MLS |
| 9 May, 2016 | Listed for sale | $699,000 | MRED MLS |
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Room Specifics
All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: PartialRooms: —
Basement Description: Unfinished
Other Specifics
| 2 | |
| — | |
| — | |
| Porch Screened | |
| Fenced Yard | |
| 24X116 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2016 | $9,390 |
Contact Agent
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