3238 Racine Avenue, Bridgeport, Chicago, Illinois 60608
$500,000
|
Sold
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 7 |
| Baths: | 0 |
| Year Built: | 1903 |
| Property Taxes: | $2,863 |
| Days On Market: | 785 |
| Lot Size: | 0,00 |
Description
Presenting a great investment opportunity, this two-story building boasts four well-maintained apartments (two of which were owner occupied). The units each have a mix of traditional design and trim, hardword floors mixed with updated kichens. Three spacious two-bedroom, one-bath units offering quaint living spaces and ample natural light. The fourth apartment, a cozy one-bedroom, one-bath unit, suits singles or couples perfectly. This well-managed property had consistent rental income but is current vacant to prepare the units for sale. Situated in a prime location with easy access to amenities, schools, and transportation, it appeals to a wide tenant demographic. With impressive local rental rates, there is potential for increased cash flow, This property represents a secure and lucrative real estate investment. This property is also combined as a package with an adjacent lot (Listing# 11885072) for an opportunity to either enjoy the space, or possibly build another dream house next door. Seller is motivated and will consider all written offers.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1903 | |
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| No | |
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| Cook | |
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| — / — | |
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| 11880764 | |
| 17321100400000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 18 Dec, 2015 | Sold | $1,550,000 | MRED MLS |
| 5 Nov, 2015 | Under contract | $1,649,900 | MRED MLS |
| — | Last price change | $1,699,000 | MRED MLS |
| 11 Sep, 2015 | Listed for sale | $1,699,000 | MRED MLS |
| 29 Feb, 2024 | Sold | $500,000 | MRED MLS |
| 9 Jan, 2024 | Under contract | $538,000 | MRED MLS |
| — | Last price change | $548,000 | MRED MLS |
| 12 Sep, 2023 | Listed for sale | $748,000 | MRED MLS |
Room Specifics
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Crawl
Other Specifics
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| 24 X 124 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $2,863 |
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Listing Provided By
Gordon Realty Co.
