24
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$2,599,000
Est. payment /mo
12,168 SqFt
New
1946 S Racine AVE Chicago, IL 60608
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Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 12,168 sqft
Price per Sqft $213
MLS Listing ID 12438463
Maintenance Fees $7,970
Year Built 1889
Annual Tax Amount $22,422
Tax Year 2023
Lot Dimensions 33X126
Property Sub-Type Multi Family 5+
Property Description
Large brick 10 unit in Chicago's East Pilsen neighborhood. Complete gut renovation completed in 2017-18. 100% tenant occupied and generates over $250K in annual gross rental income. At the time of renovations, the building was taken down to the brick walls and new open floor plans were created. Flooring, windows, roof, electrical, plumbing, all mechanical systems, etc., were all updated at that time. Condo quality units feature large bedrooms, open layouts, white kitchens with quartz counters, all S.S. appliances, in-unit washer & dryer in all units, and modern white/gray finishes. The building sits on an oversized lot with 3 parking spots in the rear and a full basement for potential additional storage. Great mix of 1BR, 2BR, & 3BR units. Highly desirable location in Pilsen!
Location
State IL
County Cook
Area Chi - Lower West Side
Zoning MULTI
Rooms
Basement Unfinished
Interior
Cooling Central Air, Central Individual
Fireplace N
Exterior
Roof Type Membrane,Reflective Coating,Rubber
Building
Dwelling Type Multi Family 5+
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Brian Ruff • Coldwell Banker Real Estate Group
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