Chicago, IL 60608,1946 S Racine Avenue
Chicago, IL 60608,1946 S Racine Avenue
Chicago, IL 60608,1946 S Racine Avenue
Chicago, IL 60608,1946 S Racine Avenue
Chicago, IL 60608,1946 S Racine Avenue
Chicago, IL 60608,1946 S Racine Avenue
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Listed by Brian Ruffof Coldwell Banker Real Estate Group
$ 2,599,000
Est. payment | /mo

12,168 SqFt


Save
$ 2,599,000
Est. payment | /mo
Save

12,168 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 12,168 sqft

Price per Sqft $213

MLS Listing ID 12438463

Year Built 1889

Annual Tax Amount $22,422

Tax Year 2023

Lot Dimensions 33X126

Property Sub-Type Multi Family 5+

Property Description

Large brick 10 unit in Chicago's East Pilsen neighborhood. Complete gut renovation completed in 2017-18. 100% tenant occupied and generates over $250K in annual gross rental income. At the time of renovations, the building was taken down to the brick walls and new open floor plans were created. Flooring, windows, roof, electrical, plumbing, all mechanical systems, etc., were all updated at that time. Condo quality units feature large bedrooms, open layouts, white kitchens with quartz counters, all S.S. appliances, in-unit washer & dryer in all units, and modern white/gray finishes. The building sits on an oversized lot with 3 parking spots in the rear and a full basement for potential additional storage. Great mix of 1BR, 2BR, & 3BR units. Highly desirable location in Pilsen!

Location

State IL

County Cook

Zoning MULTI

Rooms

Basement Unfinished

Interior

Cooling Central Air, Central Individual

Fireplace N

Exterior

View Y/N true

Roof Type Membrane,Reflective Coating,Rubber

Building

Foundation Block, Brick/Mortar, Concrete Perimeter

Structure Type Brick

Midwest Real Estate Data (MRED) VOW
Serene Realty, Inc

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States

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1946 S Racine Avenue