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1838 S Racine Avenue, Chicago, IL 60608
$760,000
1838 S Racine Avenue, Chicago, IL 60608View this property at 1838 S Racine Avenue, Chicago, IL 60608
1838 S Racine AvenueChicagoIL60608
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Property Description
1838 S Racine Ave is a four (4) unit multifamily property in the popular Pilsen neighborhood. **7.4% IN PLACE CAP RATE** Located just off 18th St., this asset is ideal located in one of the hottest neighborhoods in Chicago and even the world (according to Forbes). With a walkscore of 97, this is labeled a "Walker's Paradise!" The property features two (2) three bed, one bath units and two (2) one bed, one bath units. All units were renovated in 2018 and features newer kitchens, bathrooms, stainless steel appliances, granite counter tops, new electric, panels, front porch and flooring where needed and In-Unit Laundry. All units have central heat and there is a mix of updates throughout systems wise. The roof was replaced in 2014 (tear off) and windows were replaced in 2002. In the rear, there are two (2) parking spaces: one garage space and one surface parking space.
Full Property Details
Full Property Details for 1838 S Racine Ave
General
- Sold For: $760,000
- Taxes: $10,490 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 11937681
- Added to Site: 171 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 1
- Total Spaces: 1
- Parking Type: Garage
- Garage Description: Garage Door Opener(s)
Location
- Area: CHI - Lower West Side
- County: Cook
- Driving Directions: West on 18th St, South on Racine Ave
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Year Built: 1888
- Built Before 1978: Yes
- Remodeled/Updated: 2018
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1888
- Tax Amount: $10,490
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17203160360000
Listed by Flats, LLC
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Schools
Schools serving 1838 S Racine Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1241 W 19th St, Chicago, IL 60608 | PK-8 | 0.1 mi | |
1450 W Cermak Rd 1510, Chicago, IL 60608 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1838 S Racine Ave
Date
Details
Price
Change
Source
3/25/2024
Sold
$760,000
-4.4%
MLS
11/27/2023
Listed
$795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1838 S Racine Avenue, Chicago, IL 60608 (MLS# 11937681) is a Multi-Family property that was sold at $760,000 on March 25, 2024. Want to learn more about 1838 S Racine Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lower West Side? You can browse all Lower West Side real estate or contact a Coldwell Banker agent to request more information.