2909 N Racine Ave., Chicago, IL 60657

2909 N Racine Ave., Chicago, IL 60657
Photo 1 of 18
$664,000
Sold on 6/27/16
Beds Baths Sq. Ft. Taxes Built
5 0.00 0 $9,390 1886
On the market: 49 days
View full details, 15 photos, school info, and price history
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 Kelsey Hupp, @properties Christie's International Real Estate