Address
2143 N Racine Avenue Chicago, IL
Price
$ 1,085,000
Property Attributes
  • MLS#11030437
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Lincoln Park
  • NeighborhoodSheffield Neighbors
  • Zip60614
  • Style
  • Taxes18944
  • Price$ 1,085,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
Listing Provided Courtesy Of:
Lucid Realty, Inc.
Data Source:
Midwest Real Estate Data LLC
Property Description

Superb location, surrounded by multi million dollar homes. Endless possibilities with bonus garden apartment that can be annexed to 1st floor unit for massive owner occupied apartment. Let two additional rental units pay your mortgage. Just steps to DePaul University, shops, restaurants and Brown/Purple/ Armitage stop. This well maintained 3 unit property is a money making machine. Convert to a SFH or simply keep as an armchair investment property, building running smoothly just keep rents coming. Currently (1) 3Br/1bath apartment, (2) 1BR/1bath units plus nonconforming garden unit and 1.5 car garage. Building has many updates including copper plumbing lines, renovated kitchens and bathrooms, updated gas forced air furnace systems, separate utilities, new hot water tanks and many newer windows. Add this to your portfolio, room to improve rents without having to do major renovations. Building has over 5% cap rate potential. Prime for Airbnb business due to enviable location with a walk score of 95. Total annual income includes Garden unit rent.

Elementary School High School
Oscar Mayer Elementary School Lincoln Park High School
Price History
3/24/2021 Listed $1,085,000

General Features

Community Features Curbs, Sidewalks, Street Lights, Street Paved
Contingency Attorney/Inspection
Elementary School Oscar Mayer Elementary School
Elementary School District 299
Garage Spaces 1.5
Heating Natural Gas
High School Lincoln Park High School
High School District 299
Middle/Junior School District 299
New Construction No
Ownership Fee Simple
Property Type Two to Four Units
Property Type Residential Income
Roof Rubber
Sewer Public Sewer
Standard Status Active Under Contract
Tax Annual Amount 18944
Total Rooms 12
Township North Chicago
Zoning MULTI

Interior Features

Basement Finished
Basement Full
Bathrooom Soaking Tub
Bedroomspossible 5
Full Baths 4
Full Baths Building 4
Full Baths Unit 1 1
Full Baths Unit 2 1
Full Baths Unit 3 1
Total Baths 4
Total Bedrooms 5

Exterior Features

Exterior Brick, Limestone
Foundation Details Brick/Mortar, Stone
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 25X125
Water Source Lake Michigan
Waterfront Y/N No

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60614

Price
AVG $880K
$1.09M
Taxes
AVG $13,845
$18,944
Visits
AVG 88
8
Walkscore
AVG 92
94
Data Provided by Walkscore ® not using MLS data