1031 S Racine Ave

8,000 / 0.18
Lot Size / Acres

Description

Sensible development opportunity. The numbers work. Double R5 lot. 49.36 x 161.68 2 PINS's. Have plans (not permits) for 10 unit blding. Ask for pro forma. Phenomenal location in heart of little Italy right off Taylor St. Walk to boutique shops, restaurants, university and hospital. Currently an income producing brick 3 flat bringing in $3,375 / mo. Ideal while you are waiting for permitsSensible development opportunity. The numbers work. Double R5 lot. 49.36 x 161.68 2 PINS's. Have plans (not permits) for 10 unit blding. Ask for pro forma. Phenomenal location in heart of little Italy right off Taylor St. Walk to boutique shops, restaurants, university and hospital. Currently an income producing brick 3 flat bringing in $3,375 / mo. Ideal while you are waiting for permits

    Sold By Nelly Corp Realty

    Property Details for 1031 South Racine Avenue

    Area
    CHI - Near West Side
    Township
    WEST CHICAGO
    Ownership
    Fee Simple
    Num Of Cars
    0.0
    Air Conditioning Type
    Central Air
    Num of Interior Fireplaces
    2
    Heat/Fuel
    Natural Gas, Forced Air
    Zoning
    OTHER
    LISTING CLOSED: 09/22/2014 12:00 AM

    Property Details for 1031 South Racine Avenue

    StatusClosed
    MLS #08521856
    Days on Market21
    Taxes$7,333 / year
    HOA Fees-
    Condo/Co-op Fees-
    Property TypeLand
    MLS TypeLand
    Year Built-
    Lot Size0.18 AC
    CountyCook County
    Add your commute

    Building Information for 1031 South Racine Avenue

    Lot Size0.18 AC

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    OriginPoint Mortgage or Rocket Mortgage1

    $4,932 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $4,320

    Property Taxes

    $611

    HOA Dues

    $0

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    Property Information for 1031 South Racine Avenue

    General Information
    School Information
    • Elementary School District: 299
    • High School District: 299
    • Middle Or Junior School District: 299
    Location and General Information
    • Frontage Length: 50
    • Frontage Type: Other
    Property Information
    Interior Features
    • Num Of Rooms: 13
    • Bedrooms Total: 8
    • Basement Type: Full
    • Air Conditioning: Central Air
    • Num of Baths: 3.0
    Exterior Features
    • Backup Package: No
    Utilities / Equipment
    • Utilities: Electric to Site, Gas to Site, Water-Municipal
    Property/Lot Information
    • Tenant Pays: Electricity, Heat
    • Lot Size: Oversized Chicago Lot
    • Lot Dimensions: 50 X 160
    • Buildings on Land: Yes
    • Other Structures: Residence
    • Waterfront: No
    • Exterior Building Type: Brick
    • Construction: Brick
    • General Information: None
    • North Coordinate: 0
    • South Coordinate: 1031
    • East Coordinate: 0
    • West Coordinate: 1200
    Property and Assessments
    • Possible Use: Condominium
    • Photos Count: 1
    Miscellaneous
    • Road Surface: Asphalt
    • Total Listed Lots Avail: 2
    Virtual Tour/Additional Media
    • Virtual Tour YN: No

    Property History for 1031 South Racine Avenue

    DateEvent & SourcePriceAppreciation
    Sep 22, 2014

    Sold

    MRED #08521856

    $850,000
    Jun 26, 2014

    Sold

    MRED #08521865

    $850,000
    Mar 13, 2014

    Pending

    MRED #08521865

    DateEvent & SourcePrice
    09/22/2014

    Sold

    MRED #08521856

    $850,000
    06/26/2014

    Sold

    MRED #08521865

    $850,000
    03/13/2014

    Pending

    MRED #08521865

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 1031 South Racine Avenue

    Taxable ValueLand$4,112Additions$60,400Total$64,512
    Tax Record2019$12,313 ($1,026 / month)
    Home Facts
    Beds0StyleCondominiumCountyCOOKAPN17-17-426-075-1001

    Schools near 1031 South Racine Avenue

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Public - K to 8
    Public - K to 8
    Rating
    School
    Distance
    Smyth J Elementary School
    PublicPK to 8

    Wells Community Academy High School
    Public9 to 12

    STEM Magnet Academy Elementary
    PublicK to 8

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 05:08 AM. 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.