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2246 N Racine Avenue

Chicago, IL 60614
  • $1,250,000
  • STATUS: Active
  • ON SITE: 65 Days
  • MLS #: 11707044
$1,250,000
  • 10
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1876
County:

School Information

Elementary School:
School District:
299

Description

One of the rarest kinds of opportunities in the market: A first generation 5,100 SF Lincoln Park Mansard Graystone in the absolute heart of the neighborhood. The building is currently configured as four apartments. Two 3bed/1bath units, an open 2/1 on the top floor and a non conforming 2/1 in the garden providing, with addition of the two car garage a total gross rent of $108,360/year. Keep as is, update the units for higher returns or turn into what could be the next great single family renovation in the neighborhood. High ceilings, side bays, huge original curved and leaded glass windows, original moldings and wood work and one of the best facades in the entire neighborhood. Right across the street from Trebes Park, in the Mayer School District and steps away from the tree lined streets and shops that make Lincoln Park, Lincoln Park. Truly a special opportunity at an exceptional price.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2023-03-31T23:58:32.133 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2246 N Racine Avenue Chicago, IL 60614

  • Price: $1,250,000
  • Status: Active
  • On Site: 65 Days
  • MLS #: 11707044
10
Beds
0
Baths
0
½ Baths
N/A
Acres
1876
Built
Neighborhood:
Chi - Lincoln Park
County:
Cook
Area:
Chi - Lincoln Park
Elementary School:
Oscar Mayer Elementary School
High School:
Lincoln Park High School
School District:
299
Property Description
One of the rarest kinds of opportunities in the market: A first generation 5,100 SF Lincoln Park Mansard Graystone in the absolute heart of the neighborhood. The building is currently configured as four apartments. Two 3bed/1bath units, an open 2/1 on the top floor and a non conforming 2/1 in the garden providing, with addition of the two car garage a total gross rent of $108,360/year. Keep as is, update the units for higher returns or turn into what could be the next great single family renovation in the neighborhood. High ceilings, side bays, huge original curved and leaded glass windows, original moldings and wood work and one of the best facades in the entire neighborhood. Right across the street from Trebes Park, in the Mayer School District and steps away from the tree lined streets and shops that make Lincoln Park, Lincoln Park. Truly a special opportunity at an exceptional price.
Exterior Features

Architectural Style Greystone Exterior Building Type BrickStoneLimestone Exterior Features PatioRoof Deck Foundation Details Brick/Mortar Garage Details Garage Door Opener(S) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Is Parking Included In Price Yes Lot Size Oversized Chicago Lot Multi Family Type 3 Flat Parking Details Garage Roof Asphalt Waterfront YN No

Interior Features

Basement Finished Basement Details Walkout Bedrooms Below Grade 0 Bedrooms Total 10 Full Baths In Building 4 Half Baths In Building 0 Heating SteamRadiator(S) Room Type DenEnclosed Balcony Rooms Total 18

Property Features

Age 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information None Gross Income 108360 Mls Actual Status Active New Construction YN No Other Additional Income Coin LaundryGarage/S Ownership Fee Simple Rebuilt YN No Rehab Year 2003 Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 26543.96 Tax Year 2021 Total Numberof Unitsin Building 3 Total Rental Income 108360 Township North Chicago Type Two To Four Units Water Source Lake Michigan Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Peak Realty Chicago: 312-312-9844.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2023-03-31T23:58:32.133 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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