Sold
Last Sold Price
6 beds3,800 sqft$197/sqft
3014 N Racine Ave, Chicago, IL 60657
Multi FamilyProperty Type
2,976 sq ftLot Size
$197/sq ftPrice per sq ft
2 carsParking Spaces

Description

Virtual tour available. Two-unit apartment building in south central Lakeview available for sale! Easy to rent, easy to manage. Unit 1: Large ground floor 2-bed / 1-bath has recently updated kitchen, bathroom, and newer appliances. Below market, long-term tenant is on month-to-month agreement. Unit 2: Second-to-third floor duplex-up 4 bed / 2.5 bath. Excellent owner-occupant potential. Lives like a home, or cosmetic upgrade to kitchen and bathrooms to achieve market rental rate. Each unit has one...Virtual tour available. Two-unit apartment building in south central Lakeview available for sale! Easy to rent, easy to manage. Unit 1: Large ground floor 2-bed / 1-bath has recently updated kitchen, bathroom, and newer appliances. Below market, long-term tenant is on month-to-month agreement. Unit 2: Second-to-third floor duplex-up 4 bed / 2.5 bath. Excellent owner-occupant potential. Lives like a home, or cosmetic upgrade to kitchen and bathrooms to achieve market rental rate. Each unit has one garage parking space included in rent. NEW roof & extensive siding / flashing work completed in Spring 2020 ($30K). RT-4 zoning on alley in generally RS-3 area - potential development opportunity. Both units feature in-unit laundry, central air/heat, and individual hot water tanks. Two-car detached garage and common landscaped backyard.

    Sold By Exit Strategy Realty

    • Listed by: Thomas Hart 219.465.8584 gene.hart@33realty.com • 33 Realty
    Listing closed: 07/08/2020 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10675964

    Recent comparable sales

    Median sold price

    $854,500

    Avg days on market

    18

    Sale-to-list ratio

    101.5%

    Chicago, IL

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    Location

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    30 year fixed, 6.55% Interest

    Principal and Interest

    $3,812

    Property Taxes

    $1,351

    HOA Dues

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    Property Information for 3014 North Racine Avenue

    Property Details
    • Taxes: $16,211 / year
    • MLS Type: Two to Four Units / 2 Flat
    • County: Cook County
    • Area: CHI - Lake View
    • Township: Lake View
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 2.0
    • Num Of Cars: 2.0
    • Heat/Fuel: Natural Gas
    • Zoning: MULTI
    Building Information
    • Residences: 2
    • Lot Size: 0.07 AC / 2,976 SF
    General Information
    School Information
    • Elementary School District: 299
    • Elementary School: Agassiz Elementary School
    • High School District: 299
    • Middle Or Junior School District: 299
    Addtl Parking Information
    • Garage On Site: true
    • Garage Ownership: Owned
    • Garage Type: Detached
    • Parking: Garage
    Property Information
    Interior Features
    • Num Of Rooms: 15
    • Bedrooms Total: 6
    • Bedrooms (Below Grade): 0
    • Basement Type: None
    • Bedrooms Possible: 6
    • Basement Description: None
    • Basement Bathrooms: No
    • # Full Baths in Building: 3
    • # Half Baths in Building: 1
    • Num of Baths: 3.1
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Public
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: Yes
    • Rehab Year: 2000
    • Built Before 1978: Yes
    • Age: Unknown
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 2976
    • Total # Units in Building: 2.0
    • Waterfront: No
    • Exterior Building Type: Vinyl Siding
    • Roof Type: Asphalt
    • General Information: Commuter Bus,Commuter Train
    • North Coordinate: 3014
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 1200
    • 3 Br Un In Bldg: No
    Property and Assessments
    • Public Document Count: 1
    • Document Date: 2020-03-27T16:39:02
    • Photos Count: 39
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    • Virtual Tour Date: 04-14-2020
    Multi Family
    Income & Expenses
    • Gross Income: $65,100.00
    • Insurance Expense: $1,385.00
    • Insurance Expense Source: Actual
    • Trash Expense Source: Actual
    • Water Expense Source: Actual
    • Trash Expense: $.00
    • Water Sewer Expense: $1,661.00
    Unit 1
    • Unit Type Actual Rent: $1,900.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Total Sq Ft - Unit 1: 1300
    • Floor # - Unit 1: 1
    • # Of Rooms - Unit 1: 5
    • # Half Baths-Unit 1: 0
    • # Full Baths-Unit 1: 1
    • Appliances/Features Unit 1: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Hardwood Floors
    • Sec Deposit $ - Unit 1: 1900
    • Tenant Pays - Unit 1: Electric, Gas
    Unit 2
    • Unit Type Actual Rent: $3,525.00
    • Unit Type Baths Total: 3
    • Unit Type Beds Total: 4
    • Unit Type Type: Unit 2
    • Total Sq Ft - Unit 2: 2500
    • Floor # - Unit 2: 2
    • # Of Rooms - Unit 2: 10
    • # Half Baths-Unit 2: 1
    • # Full Baths-Unit 2: 2
    • Appliances/Features Unit 2: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Hardwood Floors, Skylights/Windows, Walk-In Closet
    • Lease Exp Date (Mo/Yr) - Unit 2: 05-20-2026
    • Sec Deposit $ - Unit 2: 3525
    • Tenant Pays - Unit 2: Electric, Gas

    Property History for 3014 North Racine Avenue

    DateEvent & SourcePriceAppreciation
    Jul 8, 2020

    Sold

    MRED #10675964

    $750,000
    Jun 29, 2020

    Sold (Public Record)

    Public Record #676456069

    $750,000
    May 8, 2020

    Pending

    MRED #10675964

    DateEvent & SourcePrice
    07/08/2020

    Sold

    MRED #10675964

    $750,000
    06/29/2020

    Sold (Public Record)

    Public Record #676456069

    $750,000
    05/08/2020

    Pending

    MRED #10675964

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

    Public Records for 3014 North Racine Avenue

    Taxable ValueLand$48,000Additions$48,000Total$96,000
    Tax Record2023$17,894 ($1,491 / month)
    Home Facts
    Baths3.5Total Finished SqFt3,330 SqFtAbove Grade Finished SqFt3,330 SqFtStories2Lot Size2,976 SqFtStyleMulti-Family Res (5+ Units)Year Built1891CountyCOOKAPN14-29-115-021

    Schools near 3014 North 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 - PK to 8
    Rating
    School
    Distance
    Harriet Tubman Elementary School
    PublicPK to 8

    Lincoln Park High School
    Public9 to 12

    Inter-American Elementary Magnet School
    PublicPK 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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    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 33 Realty

    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 09:10 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.