$1,025,000

Multi Family In Chicago

  • 9 Beds
  • 3 Baths
  • Updated: April 7
  • 1
    Views for last 30 days
  • Source:
    Midwest Real Estate Data (MRED)  MLS#12605996

About the Property

Gut-Rehabbed beautiful LEGAL 3 flat with all new kitchens, cabinets, quarts countertops, stainless steel appliances, backsplashes, new bathrooms, showers/tubs, tile, flooring, washer / dryer in-unit, separate HVAC, exposed brick, high ceilings, high-rent with modern high-design custom finishes. Beautiful 1883 brick Victorian in top location in the UIC East Campus ”Little Italy” neighborhood. Steps
Gut-Rehabbed beautiful LEGAL 3 flat with all new kitchens, cabinets, quarts countertops, stainless steel appliances, backsplashes, new bathrooms, showers/tubs, tile, flooring, washer / dryer in-unit, separate HVAC, exposed brick, high ceilings, high-rent with modern high-design custom finishes. Beautiful 1883 brick Victorian in top location in the UIC East Campus ”Little Italy” neighborhood. Steps to Taylor St. Steps to multiple CTA buses and UIC school bus. Walking distance to UIC east and west campus as well as the Illinois Medical District and UIC, Rush, Cook and West side Va hospitals as well as the UIC medical, nursing, dental and pharmacy schools. Walking distance to both blue and pink line EL trains. Easy access to Roosevelt Rd, I-290, I-90/94 and minutes to downtown. Agent-Owned. Includes an oversized covered porch and 2-car garage. Garage can generate an additional $400+/mo. There is also room for an additional 4 car open air parking for additional $300+/mo. So combined total income with unrented parking income would be $104,220/year. Perfect for owner-user or investment with an operating CAP rate ~ 7.5
  • Property type

    Other

  • Year built

    1878

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1113 S Racine Avenue, Chicago, Illinois, United States View on Google Maps
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New Era Chicago, LLC - Chicago

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New Era Chicago, LLC - Chicago
Illinois, United States
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2025
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New Era Chicago, LLC - Chicago
Chicago, Illinois, United States
View agency profile
Last updated
April 7
First listed
Apr 7
Listing reference
12605996
Listing status
Active under contract
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