3017 Racine Avenue, Lake View, Chicago, Illinois 60657


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$795,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 7
Baths: 0
Year Built: 1910
Property Taxes: $8,732
Days On Market: 4291
Lot Size: 0,00
Map
Street View

Description

Let the numbers do the talking. 6.9% CAP rate at current rents. There is room to increase this to 7.7% Cap rate. Unit one has been fully updated in 2011 to owner standard. Unit 2 was updated to owner standard in 2005, so is slightly dated. Two great units. New roof in 2008, new basement slab in 2010. Very well maintained building. It's a money maker. Great neighborhood, easy walk to the El. Very easy to rent.

Property Specifics

Multi-unit
1910
Full
No
Cook
— / —
Lake Michigan
Public Sewer
08536032
14292070170000

Nearby Schools

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

Property History

DATE: EVENT: PRICE: SOURCE:
3 Jun, 2014 Sold $795,000 MRED MLS
21 Feb, 2014 Under contract $800,000 MRED MLS
13 Feb, 2014 Listed for sale $800,000 MRED MLS
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Room Specifics

All Bedroom Info:
Total Bedrooms: 7
Bedrooms Above Ground: 7
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: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: Separate Shower,No Tub
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: Full
Basement Description: Finished

Other Specifics

2
Concrete Perimeter
Deck, Patio, Storms/Screens
25 X 125
Not in DB

Tax History

Year Property Taxes
2014 $8,732

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