Under contract

1113 S Racine Ave, Chicago, IL 60607

Beds
9
Baths
3
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byNew Era Chicago, LLC
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Overview

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

Location

Full feature list

Basic info

Property type
Other residential
Number of bedrooms
9
Number of bathrooms
3
Lot size (acres)
0.09
Year built
1878

Interior features

Laundry
In Unit Washer/Dryer

Garage and parking

Garage parking spaces
2

Utilities

Heating
Forced Air, Natural Gas
Sewer
Sewer, Public Sewer
Water
Other, Public Water

Estimated monthly costs

Insurance
$290

Taxes

Tax Annual Amount (2024)
$14,116

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12605996 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.