2943 Racine Avenue, Lake View, Chicago, Illinois 60657


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$730,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 6
Baths: 0
Year Built: 1896
Property Taxes: $20,538
Days On Market: 2414
Lot Size: 0,00
Map
Street View

Description

ATTN INVESTORS! 5.6% CAP with potential for 7%. Well maintained 2-flat + garden unit in AAA+ Lakeview location ideal for renters or convert to SFH (early termination clause in all leases). Features top floor 3BD/2BTH duplex-up with huge master suite; 1st floor 2BD/1BTH and 1BD/1BTH Garden unit. Spacious Floor Plans with improvements throughout - HDWD Floors, Newer Baths/Kitchen, Mechanicals and Roof within last 10-years. Structural Engineer approved Building w/great tenants & strong 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. Spacious Rear Garden separates building from 2-Car Detached Garage (included in rents).

Property Specifics

Multi-unit
Victorian
1896
Full,Walkout
No
Cook
— / —
Lake Michigan
Public Sewer
10447403
14292150070000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Agassiz Elementary School
299
Middle School
Agassiz Elementary School
299 Not in DB
High School
Lincoln Park High School
299 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
1 Oct, 2019 Sold $730,000 MRED MLS
23 Aug, 2019 Under contract $749,000 MRED MLS
Last price change $764,000 MRED MLS
11 Jul, 2019 Listed for sale $769,000 MRED MLS
26 Nov, 2021 Sold $901,500 MRED MLS
3 Oct, 2021 Under contract $925,000 MRED MLS
10 Sep, 2021 Listed for sale $925,000 MRED MLS
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Room Specifics

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: Utility Room-1st Floor
Basement: Full,Walkout
Basement Description: Finished,Sub-Basement,Exterior Access

Other Specifics

2
Concrete Perimeter
Porch Screened
24X115
Not in DB
Sidewalks, Street Lights, Street Paved

Tax History

Year Property Taxes
2019 $20,538
2021 $16,262

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Contact Agent

Listing Provided By

Jameson Sotheby's Intl Realty