3712 N Racine Ave

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Motivated seller! Motivated seller! Great opportunity to live in one unit and rent out the other! Both units have been recently Updated. Total of 7 bedrooms and 3 bathrooms. Unit 1 is a split level unit. 2 bed,1 bath on main and 2 bed,1 bath in fully finished basement. Basement was finished by seller. (3 years old) Unit 2 is 3 bed,1 bath. Upstairs unit. 2 car garage. Each unit has its own washer and dryer. Stainless steel appliances. Separately metered. Currently generates $5,900 a month from both...Motivated seller! Motivated seller! Great opportunity to live in one unit and rent out the other! Both units have been recently Updated. Total of 7 bedrooms and 3 bathrooms. Unit 1 is a split level unit. 2 bed,1 bath on main and 2 bed,1 bath in fully finished basement. Basement was finished by seller. (3 years old) Unit 2 is 3 bed,1 bath. Upstairs unit. 2 car garage. Each unit has its own washer and dryer. Stainless steel appliances. Separately metered. Currently generates $5,900 a month from both units. Cap rate 5.5%
  1. Listed by Dustin Pittman • Fulton Grace Realty
    dustin@fultongrace.com

Sold By Compass

Property Details for 3712 North Racine Avenue

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
LISTING UPDATED: 05/05/2021 09:19 AM

Property Details for 3712 North Racine Avenue

StatusClosed
MLS #10700548
Days on Market45
Taxes$14,555 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1896
Lot Size0.07 AC / 3,049 SF
CountyCook County
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Building Information for 3712 North Racine Avenue

Stories-Residences2Year Built1896Building Size-Lot Size0.07 AC / 3,049 SF

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Property Taxes

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Property Information for 3712 North Racine Avenue

General Information
School Information
  • Elementary School District: 299
  • 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: 7
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 7
  • Basement Description: Finished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: .50-.99 Acre
  • Lot Dimensions: 25X123
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Stone
  • General Information: Commuter Bus,Commuter Train
  • North Coordinate: 3712
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1200
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 31
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Net Operating Income: $48,021.00
Unit 1
  • Unit Type Actual Rent: $3,600.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 10
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 2
  • Appliances/Features Unit 1: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space
  • Lease Exp Date (Mo/Yr) - Unit 1: 07-31-2025
  • Sec Deposit $ - Unit 1: 0
  • Tenant Pays - Unit 1: Electric
Unit 2
  • Unit Type Actual Rent: $2,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Floor # - Unit 2: 2
  • # Of Rooms - Unit 2: 5
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: Stove, Refrigerator, Washer, Dryer, Dishwasher
  • Lease Exp Date (Mo/Yr) - Unit 2: 07-31-2025
  • Sec Deposit $ - Unit 2: 0
  • Tenant Pays - Unit 2: Electric

Property History for 3712 North Racine Avenue

DateEvent & SourcePriceAppreciation
Aug 11, 2020

Sold

MRED #10700548

$815,000
Jul 25, 2020

Sold (Public Record)

Public Record #680661821

$815,000

+1.4% / yr

Jun 24, 2020

Pending

MRED #10700548

May 11, 2020

Listed (Active)

MRED #10700548

$850,000
Mar 26, 2020

Cancelled

MRED #10639127

$850,000
Feb 17, 2020

Listed (Active)

MRED #10639127

$850,000
Jun 11, 2019

Cancelled

MRED #10262813

$799,000
Feb 4, 2019

Listed (Active)

MRED #10262813

$889,000
Jul 25, 2016

Sold

MRED #09223067

$771,200
Jul 14, 2016

Sold (Public Record)

Public Record #577213690

$771,500

+31.6% / yr

May 27, 2016

Pending

MRED #09223067

May 11, 2016

Listed (Active)

MRED #09223067

$799,000
Jun 30, 2015

Sold (Public Record)

Public Record #555142164

$580,000
DateEvent & SourcePrice
08/11/2020

Sold

MRED #10700548

$815,000
07/25/2020

Sold (Public Record)

Public Record #680661821

$815,000

+1.4% / yr

06/24/2020

Pending

MRED #10700548

05/11/2020

Listed (Active)

MRED #10700548

$850,000
03/26/2020

Cancelled

MRED #10639127

$850,000
02/17/2020

Listed (Active)

MRED #10639127

$850,000
06/11/2019

Cancelled

MRED #10262813

$799,000
02/04/2019

Listed (Active)

MRED #10262813

$889,000
07/25/2016

Sold

MRED #09223067

$771,200
07/14/2016

Sold (Public Record)

Public Record #577213690

$771,500

+31.6% / yr

05/27/2016

Pending

MRED #09223067

05/11/2016

Listed (Active)

MRED #09223067

$799,000
06/30/2015

Sold (Public Record)

Public Record #555142164

$580,000

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

Public Records for 3712 North Racine Avenue

Taxable ValueLand$46,125Additions$30,580Total$76,705
Tax Record2023$15,484 ($1,290 / month)
Home Facts
Baths2Total Finished SqFt2,443 SqFtAbove Grade Finished SqFt2,443 SqFtStories2Lot Size3,075 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyCOOKAPN14-20-118-042

Schools near 3712 North Racine Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 7 to 11
Public - 9 to 12
Rating
School
Distance
Blaine Elementary School
PublicPK to 8

Lake View High School
Public9 to 12

Art in Motion Charter School
Charter7 to 11

York Alternative High School
Public9 to 12

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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Fulton Grace 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 09:19 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.