3712 North Racine Avenue

Chicago, IL 60613

$815,000
Last Sold Price
7
Beds
3
Baths
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

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

Location

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

Property Details for 3712 North Racine Avenue

StatusClosed
MLS #10700548
Days on Market92
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

Location

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Building Information for 3712 North Racine Avenue

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

Payment Calculator

$5,661 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,448

Property Taxes

$1,213

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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 (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: 07-31-2024
  • 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: 07-31-2024
  • Sec Deposit $ - Unit 2: 0
  • Tenant Pays - Unit 2: Electric

Property History for 3712 North Racine Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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 Record2022$15,073 ($1,256 / 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 City Of Chicago School District 299.
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.

Similar Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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.