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1919 S Racine Ave
Chicago, IL 60608
Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Building Size | 5,040 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1875/2016 |
| Building Class | C | Parking Ratio | 0.4/1,000 SF |
| Lot Size | 0.06 AC | ||
| Zoning | B3-2 | ||
| 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 |
| Zoning | B3-2 |
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
| Parcel Number | 17-20-417-008-0000 | Improvements Assessment | $60,178 |
| Land Assessment | $9,250 | Total Assessment | $69,428 |
PROPERTY TAXES
