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1919 S Racine Ave
Chicago, IL 60608

Multifamily Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.06 AC
Building Size 5,040 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1875/2016
Parking Ratio 0.4/1,000 SF

About 1919 S Racine Ave , Chicago, IL 60608

Interra Realty has been exclusively engaged to bring to market 1919 S Racine Ave, a perfectly located six (6) unit multifamily property in the highly popular Pilsen neighborhood. Located between the Halsted Arts District and the 18th Street CTA stop, this property boasts a Walk Score of 94, labeling it a "Walker's Paradise." The building underwent a complete renovation in 2016 with capital improvements featuring a new roof, porch, electrical, plumbing, furnaces, tankless hot water heaters, masonry work, tuck pointing, rebuilt parapet wall, and two rear parking pads. All units feature hardwood floors, individual furnaces, tankless water heaters, and include updated kitchens and bathrooms with granite countertops, stainless steel appliances and new cabinetry. First and second floor units have laundry on each level while the top two units (3F and 3R) have in unit washer and dryer. Value add upside in increasing rents to market rate.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 $1,700 765

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-20-417-008-0000
Land Assessment
$9,250
Improvements Assessment
$63,750
Total Assessment
$73,000

zoning

Zoning Code B3-2
B3-2
  • Listing ID: 17961606

  • Date on Market: 12/13/2019

  • Last Updated:

  • Address: 1919 S Racine Ave, Chicago, IL 60608

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