1039 S Racine Ave




Description
- Listed by William Altier • New West Realty LLCP: (312)-735-3124 bill@altierteam.com
Sold By HomeSmart Realty Group
Property Details for 1039 South Racine Avenue
Property Details for 1039 South Racine Avenue
| Status | Closed |
|---|---|
| MLS # | 10573684 |
| Days on Market | 57 |
| Taxes | $12,861 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi Family 5+ / Flats |
| Year Built | 1900 |
| Lot Size | 0.09 AC / 3,840 SF |
| County | Cook County |
Location
Building Information for 1039 South Racine Avenue
Payment Calculator
$8,340 per month
30 year fixed, 6.55% Interest
$7,269
$1,072
$0
Property Information for 1039 South Racine Avenue
- Frontage Type: City Street
- Information: 48-Hr Notice Required,No Sign on Property
- Additional Parcels: No
- Air Conditioning: None
- Electric: Circuit Breakers
- # Of Washers: 1
- Basement Description: Slab
- Heat/Ventilation: Forced Air,Gas,Separate Per Unit
- # Of Refrigerators: 6
- Misc Inside: Laundry Room
- # Of Dryers: 1
- Num of Baths: 0.0
- Misc Outside: Security Gate,Storms and Screens (as exist)
- Utilities: Sanitary Sewer, Water-Municipal
- Owners Association: No
- Tenant Pays: Electricity, Heat, Hot Water
- Built Before 1978: Yes
- Approximate Age: Older
- Multi-Family Type: Flats
- Lot Dimensions: 24X160
- Lot Size Square Feet: 3840.0
- Stories: 3
- Exterior Building Type: Brick, Stone
- Construction: Brick, Stone
- Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
- Roof Structure: Flat
- Foundation Details: Concrete Perimeter, Stone
- Building Area Total: 6818
- # Of Ranges: 6
- Possible Use: Multi-Family
- Public Document Count: 0
- Photos Count: 4
- Current Use: Multi-Family
- Location: Public Transport Avail
- Virtual Tour: None
- Virtual Tour YN: No
- Number Of Units Total: 6
- Electric Expense: $600.00
- Fuel Expense: $1,613.00
- Gross Income: $131,849.00
- Gross Scheduled Income: $136,850.00
- Insurance Expense: $1,904.00
- Maintenance Expense: $3,700.00
- Manager Expense: $6,963.00
- Electric Expense Source: Actual
- Expense Year: 2017
- Total Annual Expense Source: Actual
- Fuel Expense Source: Actual
- Insurance Expense Source: Actual
- Janitor Expense: 4980
- Manager Expense Source: AC
- Net Operating Income Year: 2017
- Other Expense Source: Broker Projection
- Repairs-Decor Expense Source: Actual
- Trash Expense Source: Actual
- Total Monthly Income: 10987
- Water Expense Source: Actual
- Net Operating Income: $84,925.00
- Operating Expense: $51,926.00
- Other Expense: $9,000.00
- Trash Expense: $2,257.00
- Water Sewer Expense: $2,653.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 4
- Unit Type Type: Unit 1
- Unit Type Units Total: 1
- # Of Rooms - Unit 1: 6
- # Of Full Bthrms - Type 1: 1
- Monthly Income - 1: 2200
- Unit Type Baths Total: 1
- Unit Type Beds Total: 3
- Unit Type Type: Unit 2
- Unit Type Units Total: 2
- # Of Rooms - Unit 2: 5
- # Of Full Bthrms - Type 2: 1
- Monthly Income - 2: 2100
- Unit Type Baths Total: 1
- Unit Type Beds Total: 3
- Unit Type Type: Unit 3
- Unit Type Units Total: 3
- # Of Rooms - Unit 3: 5
- # Of Full Bthrms - Type 3: 1
- Monthly Income - 3: 1800
- Monthly Income Max - 3: 2100
- Unit Type Beds Total: 0
- Unit Type Type: Unit 4
- Unit Type Units Total: 0
- # Of Rooms - Unit 4: 0
- Monthly Income - 4: 0
- Unit Type Beds Total: 0
- Unit Type Type: Unit 5
- Unit Type Units Total: 0
- # Of Rooms - Unit 5: 0
- Monthly Income - 5: 0
- Unit Type Beds Total: 0
- Unit Type Type: Unit 6
- Unit Type Units Total: 0
- Monthly Income - 6: 0
- Unit Type Beds Total: 0
- Unit Type Type: Unit 7
- Unit Type Units Total: 0
- # Of Rooms - Unit 7: 0
- Monthly Income - 7: 0
Property History for 1039 South Racine Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 30, 2019 | Sold (Public Record) Public Record #656079468 | $1,430,000 | — |
| Oct 30, 2019 | Sold MRED #10573684 | $1,430,000 | — |
| Sep 26, 2019 | Pending MRED #10573684 | — | |
| Aug 1, 2019 | Listed (Active) MRED #10573684 | $1,499,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/30/2019 | Sold (Public Record) Public Record #656079468 | $1,430,000 |
| 10/30/2019 | Sold MRED #10573684 | $1,430,000 |
| 09/26/2019 | Pending MRED #10573684 | — |
| 08/01/2019 | Listed (Active) MRED #10573684 | $1,499,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 1039 South Racine Avenue
Schools near 1039 South Racine Avenue
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 | ||
Galileo Scholastic Academy of Math & Science PublicK to 8 | ||
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.
Neighborhood Map and Transit
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of New West Realty LLC
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 08:34 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.





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