3238 S Racine Ave.

3238 S Racine Ave., Chicago, IL 60608

Sold for $500,000 on 2/29/24


Beds Baths Built Sq.Ft. Garage Taxes On Market
7 1903 0 $2,863 236 days

Presenting a great investment opportunity, this two-story building boasts four well-maintained apartments (two of which were owner occupied). The units each have a mix of traditional design and trim, hardword floors mixed with updated kichens. Three spacious two-bedroom, one-bath units offering quaint living spaces and ample natural light. The fourth apartment, a cozy one-bedroom, one-bath unit, suits singles or couples perfectly. This well-managed property had consistent rental income but is current vacant to prepare the units for sale. Situated in a prime location with easy access to amenities, schools, and transportation, it appeals to a wide tenant demographic. With impressive local rental rates, there is potential for increased cash flow, This property represents a secure and lucrative real estate investment. This property is also combined as a package with an adjacent lot (Listing# 11885072) for an opportunity to either enjoy the space, or possibly build another dream house next door. Seller is motivated and will consider all written offers.

Listing courtesy of Gordon Realty Co.


Marco Amidei
Marco Amidei
(888) 32-Marco (847) 630-4886
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