Sold
Last Sold Price
7 beds
3712 N Racine Ave, Chicago, IL 60613
Multi FamilyProperty Type
3,049 sq ftLot Size
1896Year Built
2 carsParking Spaces

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%

    Sold By Compass

    • Listed by: Dustin Pittman dustin@fultongrace.com • Fulton Grace Realty
    Listing closed: 08/11/2020 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10700548

    Recent comparable sales

    Median sold price

    $940,000

    Avg days on market

    17

    Sale-to-list ratio

    102.8%

    Chicago, IL

    9 comparable properties found

    a front view of a house
    1/9
    1

    $949,000

    Sold 12/19/25

    7
    Bedrooms
    Unavailable
    Square Feet
    0.06
    Acres
    a view of a brick building with many windows
    1/21
    2

    $1,010,000

    Sold 03/03/25

    7
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a front view of a house
    1/32
    3

    $940,000

    Sold 06/05/25

    7
    Bedrooms
    2,800
    Square Feet
    0.09
    Acres
    $905,000 | 4734 North Artesian Avenue, Chicago, IL 60625
    1/24
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    Acres
    $985,000 | 5011 North Hermitage Avenue, Chicago, IL 60640
    1/25
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    $985,000

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    Unavailable
    Square Feet
    0.09
    Acres
    front view of a brick house
    1/33
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    $775,000

    Sold 09/26/25

    7
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $915,000 | 5426 North Western Avenue, Chicago, IL 60625
    1/58
    7

    $915,000

    Sold 04/15/26

    7
    Bedrooms
    Unavailable
    Square Feet
    0.08
    Acres
    $855,000 | 3123 West Eastwood Avenue, Chicago, IL 60625
    1/38
    8

    $855,000

    Sold 05/29/26

    7
    Bedrooms
    Unavailable
    Square Feet
    0.08
    Acres
    a house view with a garden space
    1/37
    9

    $1,080,000

    Sold 10/23/24

    7
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres

    Location

    Add your commute

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    $5,355 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $4,143

    Property Taxes

    $1,213

    HOA Dues

    $0

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    Rocket Mortgage1

    Property Information for 3712 North Racine Avenue

    Property Details
    • Taxes: $14,555 / 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
    Building Information
    • Residences: 2
    • Year Built: 1896
    • Lot Size: 0.07 AC / 3,049 SF
    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: 07-31-2026
    • 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: 07-31-2026
    • 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

    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

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

    Public Records for 3712 North Racine Avenue

    Taxable ValueLand$45,000Additions$45,001Total$90,001
    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 Built1899CountyCOOKAPN14-20-118-042

    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
    Public - PK to 8
    Public - K to 8
    Rating
    School
    Distance
    Blaine 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.

    Wrigleyville
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    Peppered with bars and eateries around Wrigley Field, this slice of Lakeview fuels younger crowds as well as “college kids-at-heart.” A lively, pocketed community within the greater Lakeview neighborhood and home to Wrigley Field, Wrigleyville is as dedicated to the lifestyle of twenty-somethings...

    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 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.