Sold
Last Sold Price
8 beds4,500 sqft
3306 N Racine Ave, Chicago, IL 60657
Multi FamilyProperty Type
0.07 acresLot Size
$322/sq ftPrice per sq ft
2 carsParking Spaces

Description

This is the ideal armchair investment that will always be easy to keep filled. This perfectly located building was gutted to the studs in 2018. Rebuilt by a reputable local builder with new electrical, plumbing, siding, roof, windows, rear porch, hvac systems, flooring, baths, etc... Each of the units has in-unit laundry and fully updated with on-trend finishes including white kitchen cabinetry, matte black fixtures, quartz counters, en-suite primary baths w/custom tiling work, private outdoor space...This is the ideal armchair investment that will always be easy to keep filled. This perfectly located building was gutted to the studs in 2018. Rebuilt by a reputable local builder with new electrical, plumbing, siding, roof, windows, rear porch, hvac systems, flooring, baths, etc... Each of the units has in-unit laundry and fully updated with on-trend finishes including white kitchen cabinetry, matte black fixtures, quartz counters, en-suite primary baths w/custom tiling work, private outdoor space along with a great 2 car garage roof deck. Steps from Southport Corridor, Margaret Donahue playground is just around the corner, walk to award winning Hawthorne Scholastic Academy, and Wrigley Field is less than a mile away. Keep it as an easy rental, make it a short-term rental, move in as a live-in investor or do all 3! Lots of options here.

    Sold By Second City Real Estate

    • Listed by: Jamie Connor 773.339.1439 jconnor@jamesonsir.com • Jameson Sotheby's Intl Realty
    Listing closed: 02/07/2022 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11243505

    Location

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    $8,967 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $7,493

    Property Taxes

    $1,474

    HOA Dues

    $0

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    Property Information for 3306 North Racine Avenue

    Property Details
    • Taxes: $17,689 / year
    • MLS Type: Two to Four Units / 3 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, Forced Air
    Building Information
    • Residences: 3
    • Lot Size: 0.07 AC / 2,875 SF
    General Information
    School Information
    • Elementary School District: 299
    • Elementary School: Nettelhorst 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: 18
    • Bedrooms Total: 8
    • Bedrooms (Below Grade): 0
    • Community Features: Park, Sidewalks, Street Lights, Street Paved
    • Basement Type: English
    • Bedrooms Possible: 8
    • Basement Description: Finished
    • # Full Baths in Building: 6
    • # Half Baths in Building: 0
    • Room Type: Den
    • Num of Baths: 6.0
    Utilities / Equipment
    • Sewer: Sewer-Storm
    • Water: Lake Michigan
    • Other Equipment: TV-Cable, Security System, CO Detectors, Ceiling Fan(s), Sump Pump, Air Exchanger
    Property/Lot Information
    • Exterior Property Features: Balcony, Deck, Patio, Porch, Roof Deck, Storms/Screens, Breezeway
    • New Construction YN: No
    • Rebuilt: Yes
    • Rebuilt Year: 2018
    • Rehabilitated: Yes
    • Rehab Year: 2018
    • Built Before 1978: Yes
    • Age: 51-60 Years
    • Lot Size: Standard Chicago Lot
    • Lot Dimensions: 25X115
    • Total # Units in Building: 3.0
    • Waterfront: No
    • Exterior Building Type: Other
    • Roof Type: Asphalt
    • General Information: School Bus Service,Commuter Bus,Commuter Train
    • North Coordinate: 33206
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 1200
    • 3 Br Un In Bldg: Yes
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 36
    Virtual Tour/Additional Media
    • Virtual Tour: Image360+realtor
    • Virtual Tour YN: Yes
    • Virtual Tour Date: 10-11-2021
    Multi Family
    Income & Expenses
    • Gross Income: $110,700.00
    Unit 1
    • Unit Type Actual Rent: $2,300.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Lease Expiration Date: 07/22
    Unit 2
    • Unit Type Actual Rent: $3,000.00
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 03/22
    Unit 3
    • Unit Type Actual Rent: $3,925.00
    • Unit Type Baths Total: 3
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 3
    • Lease Expiration Date: 06/22

    Property History for 3306 North Racine Avenue

    DateEvent & SourcePriceAppreciation
    Feb 7, 2022

    Sold

    MRED #11243505

    $1,450,000
    Jan 31, 2022

    Sold (Public Record)

    Public Record #1485247855

    $1,450,000

    +15.6% / yr

    Dec 19, 2021

    Pending

    MRED #11243505

    DateEvent & SourcePrice
    02/07/2022

    Sold

    MRED #11243505

    $1,450,000
    01/31/2022

    Sold (Public Record)

    Public Record #1485247855

    $1,450,000

    +15.6% / yr

    12/19/2021

    Pending

    MRED #11243505

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

    Public Records for 3306 North Racine Avenue

    Taxable ValueLand$53,475Additions$91,525Total$145,000
    Tax Record2023$18,712 ($1,559 / month)
    Home Facts
    Baths6Total Finished SqFt3,003 SqFtAbove Grade Finished SqFt3,003 SqFtStories2Lot Size2,875 SqFtStyleMulti-Family Res (5+ Units)Year Built1895Year Renovated1897ZoningRT-4CountyCOOKAPN14-20-323-033-0000

    Schools near 3306 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
    Hamilton Elementary School
    PublicPK to 8

    Lake View 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 Jameson Sotheby's Intl 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 02/10/2022 02:01 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.