Chicago, IL 60607 1113 S Racine Avenue
$1,025,000



35 more



































Presented By: New Era Chicago, LLC
Home Details
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
Presented By: New Era Chicago, LLC
Interior Features for 1113 S Racine Avenue
Bedrooms
Bedrooms Possible9
Total Bedrooms9
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementNone
Total Number of Units3
General for 1113 S Racine Avenue
Additional Parcels Y/NNo
Architectural StyleVictorian
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
Directionshead west on adams, south on racine
Elementary School District299
Garage Spaces2
HeatingNatural Gas, Forced Air, Indv Controls
High School District299
Insurance Expense3484
MLS AreaCHI - Near West Side
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofRubber
SewerPublic Sewer, Storm Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount14116
Tax Year2024
Total Rooms15
TownshipWest Chicago
Water Sewer Expense2000
Year Built1878
Exterior for 1113 S Racine Avenue
Lot Dimensions3880
Parking FeaturesGarage Door Opener, Yes, Garage Owned, Detached, Unassigned, Off Alley, Owned, Garage
Total Parking6
Water SourceLake Michigan, Public
Waterfront Y/NNo
Additional Details
Price History
