About 1946 South Racine Avenue
Large brick 10 unit in Chicago's East Pilsen neighborhood. Complete gut renovation completed in 2017-18. 100% tenant occupied and generates over $250K in annual gross rental income. At the time of renovations, the building was taken down to the brick walls and new open floor plans were created. Flooring, windows, roof, electrical, plumbing, all mechanical systems, etc., were all updated at that time. Condo quality units feature large bedrooms, open layouts, white kitchens with quartz counters, all S.S. appliances, in-unit washer & dryer in all units, and modern white/gray finishes. The building sits on an oversized lot with 3 parking spots in the rear and a full basement for potential additional storage. Great mix of 1BR, 2BR, & 3BR units. Highly desirable location in Pilsen!
Features of 1946 South Racine Avenue
| MLS® # | 12438463 |
|---|---|
| Price | $2,599,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1889 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Contingent |
Community Information
| Address | 1946 South Racine Avenue |
|---|---|
| Area | CHI - Lower West Side |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60608 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Central Air, Central Individual |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Membrane, Reflective Coating, Rubber |
| Foundation | Block, Brick/Mortar, Concrete Perimeter |
Additional Information
| Days on Market | 76 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Real Estate Group |
|---|---|
| Contact Info | 312-492-7900 |