Sold for $664,000 on 6/27/16
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| 5 |
3 |
1886 |
— |
2 |
$9,390 |
3335 days |
Rents are WAY under market value for the neighborhood. The current tenants are long-term and the owner has never raised rent! Cap Rate is 7+ with market value rents. Yearly expenses for owner are minimal. Building is over 100 years old and needs some common area work. Perfect for a family wanting to live in Duplex up and rent Unit 1, or for an investor who wants to rent out both units. No work needed inside if plan is to rent. Also great for converting into a dream SFH in a gorgeous neighborhood!
Listing courtesy of @properties Christie's International Real Estate
2909 N Racine Ave. is a multi-unit home built in 1886, and is located in Chicago, IL, in the Lake View neighborhood. It has 5 bedrooms and 3 bathrooms, a 2-car garage, and has annual property taxes of $9,390.
Marco Amidei
(888) 32-Marco (847) 630-4886
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