7146 South Racine Avenue

Chicago, IL 60636

$275,000
Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to your next investment! Fall in love with this traditional yellow brick two-flat. Live in one unit and rent the other. The second floor has refinished hardwood floors, two bedrooms and one bath. The first floor has hardwood floors, two bedrooms and one bath. This property has massive value add with a partially finished basement which can be converted into a garden unit over time that makes it even more of fantastic value. This multi-unit also includes a spacious 2 car garage and a nice sized...Welcome to your next investment! Fall in love with this traditional yellow brick two-flat. Live in one unit and rent the other. The second floor has refinished hardwood floors, two bedrooms and one bath. The first floor has hardwood floors, two bedrooms and one bath. This property has massive value add with a partially finished basement which can be converted into a garden unit over time that makes it even more of fantastic value. This multi-unit also includes a spacious 2 car garage and a nice sized backyard. Great opportunity for those who seek the opportunity of putting some finishing touches on this beautiful property; both units are currently occupied so you don't have to do much to get the invest UP and Running. Schedule your showings today!
  1. Listed by Elijah Reese • Serene Realty, Inc.
  2. Listed by Vadie Reese • Serene Realty, Inc.

Property Details for 7146 South Racine Avenue

Area
CHI - West Englewood
Township
Lake
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI

Location

Listing Courtesy of Serene Realty, Inc.
Add your commute
LISTING UPDATED: 05/02/2024 01:57 PM

Property Details for 7146 South Racine Avenue

StatusActive
MLS #12031192
Days on Market15
Taxes$1,217 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1929
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Listing Courtesy of Serene Realty, Inc.
Add your commute

Building Information for 7146 South Racine Avenue

Stories-Residences2Year Built1929Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

$1,602 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,501

Property Taxes

$101

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7146 South 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
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 4
  • Basement Description: Partially Finished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • Exterior Property Features: Deck
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25 X 125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Foundation Details: Concrete Perimeter
  • General Information: Commuter Bus
  • North Coordinate: 0
  • South Coordinate: 7146
  • East Coordinate: 0
  • West Coordinate: 1200
  • 3 Br Un In Bldg: No
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA, Cash
  • Public Document Count: 1
  • Document Date: 2024-04-17T17:42:08
  • Photos Count: 10
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $27,600.00
Unit 1
  • Unit Type Actual Rent: $1,050.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 6/30
Unit 2
  • Unit Type Actual Rent: $1,250.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 05/31

Property History for 7146 South 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 7146 South Racine Avenue

Taxable ValueLand$2,437Additions$8,562Total$10,999
Tax Record2022$2,262 ($189 / month)
Home Facts
Baths4Total Finished SqFt2,114 SqFtAbove Grade Finished SqFt2,114 SqFtStories2Lot Size3,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1925CountyCOOKAPN20-29-109-059

Schools near 7146 South Racine Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 8 to 12
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Bond Elementary School
PublicPK to 8

EXCEL ACADEMY - ENGLEWOOD HS
Public8 to 12

MAGIC JOHNSON-NTH LAWNDALE HS
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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7146 South Racine Avenue is a multi-family home for sale in Chicago, IL 60636. This property was listed for sale on April 17, 2024 by Serene Realty, Inc., it's currently listed at $275,000. It has been on the market for a total of 15 days and was last sold on February 27, 2023. This listing's school district is City Of Chicago School District 299. Nearby schools include Bond Elementary School, EXCEL ACADEMY - ENGLEWOOD HS and MAGIC JOHNSON-NTH LAWNDALE HS. 7146 South Racine Avenue is a 4-bed, 2-bath, multi-family home built in 1929.

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 Serene Realty, Inc.

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. Based on information submitted to the MLS GRID as of 05/02/2024 01:57 PM. 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.