4431-4433 N Racine Ave | Chicago, IL 60640
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- LoopNet Team
4431-4433 N Racine Ave
Chicago, IL 60640
Multifamily Property For Sale · 6 Units
Investment Highlights
- Prime Sheridan Park Location and Near Truman College
- Large Units - (4) 3 Bd/2 Ba & (2) 4 Bd/2 Ba
- Steps to Newly Renovated Wilson CTA Red/Purple Line Station
- Potential to Add Two Additional Apartments Through ADU Pilot Program
- Current/Stabilized Cap Rate - 5.78% / 7.61%
PROPERTY FACTS
| No. Units | 6 | Building Size | 8,490 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 1903 |
| Building Class | C | Parking Ratio | 0.59/1,000 SF |
| Lot Size | 0.14 AC |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 8,490 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1903 |
| Parking Ratio | 0.59/1,000 SF |
Unit Amenities
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Security System
- Bay Window
- Kitchen
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Yard
- Deck
- Dining Room
- Framed Mirrors
- Window Coverings
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Security System
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 4 | - | 1,200 |
| 4+2 | 2 | - | 1,200 |
PROPERTY TAXES
| Parcel Number | 14-17-224-005-0000 | Improvements Assessment | $71,180 |
| Land Assessment | $45,445 | Total Assessment | $116,625 |
PROPERTY TAXES
Parcel Number
14-17-224-005-0000
Land Assessment
$45,445
Improvements Assessment
$71,180
Total Assessment
$116,625
zoning
| Zoning Code | RT-4 (Residential Two-Flat, Townhouse and Multi-Unit District. The owner has approved for ADU for 2 units to be added in the basement.) |
| RT-4 (Residential Two-Flat, Townhouse and Multi-Unit District. The owner has approved for ADU for 2 units to be added in the basement.) |
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