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
Taxes
Visits
Walkscore
