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.

Property Details

PRICE
$538,000
BEDROOMS
7
BATHROOMS
4
SQFT
N/A
YEAR BUILT
1903
PARKING SPOTS
N/A
MLS #
11880764
FULL ADDRESS
3238 3238 Racine Avenue
CITY
Chicago, IL
ZIP
60608

Listing Details

Listing Office
Gordon Realty Co.
Listing Agent
Mark Johns
Contact
773-780-9825
Last Data Update
2024-03-26T16:27:27Z

Interior

BATHROOMS
4 Full Bathrooms

Schools

School District
299
Elementary School
High School

Buy This Home With a Local Expert

22 years. 600+ Chicago closings. Individual, hands-on representation from first tour through close. Ken can be your buyer's agent on this property. Call 773.398.5585 or drop your details below.

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