1946 South Racine Avenue, Chicago, IL

$2,599,000

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About 1946 South Racine Avenue

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!

Features of 1946 South Racine Avenue

MLS® # 12438463
Price $2,599,000
Bathrooms 0.00
Acres 0.00
Year Built 1889
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 1946 South Racine Avenue
Area CHI - Lower West Side
City Chicago
County Cook
State IL
Zip Code 60608

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Central Individual
Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Exterior Brick
Roof Membrane, Reflective Coating, Rubber
Foundation Block, Brick/Mortar, Concrete Perimeter

Additional Information

Days on Market 57
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Real Estate Group
Contact Info312-492-7900

Listing Map

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