3013 N Racine Avenue, Chicago, Illinois 60657

$1,200,000
5
BD
4
BA

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List Price
$1,200,000
MLS#
12688705
Status
CONTINGENT
Type
Multifamily
Subtype
Residential Income
Bedrooms
5
Bathrooms
4
County
Cook
City
Chicago
Neighborhood
Lake View
Days On Market
32

Property Description

This 3-story multi-unit building features a fantastic 2BR, 2BTH Duplex Up apartment with a modern open floor plan, living room fireplace, skylights, spacious dining area, large kitchen with ample counter space, granite counters, new stainless appliances and new flooring both in 2025, in-unit laundry room and two private outdoor spaces! Perfect for the live-in owner or as a high-end rental. The remainder of the building is comprised of a 2BR, 1BTH apartment with updated bathroom, in-unit laundry, private back deck on the first floor and a garden level 1BR plus den apartment (den could easily be converted into a 2nd bedroom) with newer flooring, recently remodeled kitchen and bath and its own front and back entrances. This building has been incredibly well cared for by its long-term, live-in owner with a long list of improvements including: a new 2-car garage (2024), a new roof (2022), new garden apartment furnace (2023), Hardee Board siding on the front of building (2020) and new windows in 2020. Each apartment has their own HVAC systems with individual controls. This property represents a tremendous opportunity with so much potential for high rental income, all in an unbeatable and very easy-to-rent Lakeview location close to restaurants, coffee houses, grocery stores, shopping, nightlife and public transportation, including the Brown Line Wellington "L" Stop which is just a 7-minute walk away. Zoning Certificate for this property has been ordered but isn't back yet. It should be assumed that this is a legal 2-unit building with a non-confirming garden apartment unless the certification shows differently.

Additional Information

School District
299
Elementary School
Harriet Tubman Elementary School
Middle School
Harriet Tubman School
High School
Lincoln Park High School
Corporate Limits
Chicago
Tax Year
2024
Tax Exemptions
Homeowner
Year Built
1883
Lot Dimensions
24 x 121
Lot Size Range
Less Than .25 Acre
Units
3
Garage Spaces
2
Parking Spaces
2
Parking Details
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Heating
Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
Sewer
Public Sewer
Basement
Yes

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