Chicago, IL 60608,1838 S Racine Avenue
Chicago, IL 60608,1838 S Racine Avenue
Chicago, IL 60608,1838 S Racine Avenue
16
$760,000
$795,000
4.4%
Est.Price: ?

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8 BD

1838 S Racine Avenue Chicago, IL 60608

Est. payment /mo
SOLD DATE : 03/25/2024

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Key Details

Sold Price $760,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11937681

Sold Date 03/25/24

Bedrooms 8

Year Built 1888

Annual Tax Amount $10,490

Tax Year 2022

Lot Dimensions 25X125

Property Description

1838 S Racine Ave is a four (4) unit multifamily property in the popular Pilsen neighborhood. **7.4% IN PLACE CAP RATE** Located just off 18th St., this asset is ideal located in one of the hottest neighborhoods in Chicago and even the world (according to Forbes). With a walkscore of 97, this is labeled a "Walker's Paradise!" The property features two (2) three bed, one bath units and two (2) one bed, one bath units. All units were renovated in 2018 and features newer kitchens, bathrooms, stainless steel appliances, granite counter tops, new electric, panels, front porch and flooring where needed and In-Unit Laundry. All units have central heat and there is a mix of updates throughout systems wise. The roof was replaced in 2014 (tear off) and windows were replaced in 2002. In the rear, there are two (2) parking spaces: one garage space and one surface parking space.

Location

State IL

County Cook

Rooms

Basement None

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Detached

Garage Spaces 1.0

Waterfront false

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Melissa Morgan • Flats, LLC
Bought with Abraham Alarape • Coldwell Banker Realty

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Kari Kohler

Broker | FA.475.129019

+1(630) 673-4586

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