125 S Racine Ave
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125 S Racine Ave
5 Unit Apartment Building $3,999,000 ($799,800/Unit) Chicago, IL 60607
Investment Highlights
- The neighborhood boasts high-profile headquarters like Google, McDonald’s, WPP, Tik Tok, Ernst & Young, John Deere, Aspen Dental, Kimberly-Clark, etc.
- Located within T.O.D. boundaries and within the City of Chicago’s Near West Downtown Expansion Area.
- Irreplaceable West Loop location.
- Excellent public transportation access including Racine Blue Line CTA Station, Metra/Amtrak Stations (Union Station), and I-90/94 Expressway Access.
Executive Summary
West Loop Development Opportunity. The three-story brick building includes approximately 16,905 Gross Square Feet above grade, two garage parking spaces, and two outdoor parking spaces. Located one block from Skinner Park, Montessori School, Target and more in Chicago’s most in-demand neighborhood.
Property Facts
| Price | $3,999,000 | Apartment Style | Low Rise |
| Price Per Unit | $799,800 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Sale Conditions | Redevelopment Project | Building Size | 16,905 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1943 |
| Property Subtype | Apartment | Parking Ratio | 0.71/1,000 SF |
| Price | $3,999,000 |
| Price Per Unit | $799,800 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 16,905 SF |
| No. Stories | 3 |
| Year Built | 1943 |
| Parking Ratio | 0.71/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (83)
Bike Score ®
Biker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 17-17-210-032-0000 | Improvements Assessment | $161,721 |
| Land Assessment | $48,279 | Total Assessment | $210,000 |
PROPERTY TAXES
Parcel Number
17-17-210-032-0000
Land Assessment
$48,279
Improvements Assessment
$161,721
Total Assessment
$210,000
zoning
| Zoning Code | DX-3 (Mixed-Use) |
| DX-3 (Mixed-Use) |
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125 S Racine Ave
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