SOLD
$1,350,000
Date 11/09/2023

1109 S Racine Avenue
Chicago, IL 60607

Multi-Family, Business Opportunities
Residence
5,949
Sqft
0.089
Lot Size
Courtesy: Art of Real Estate LLC
First time for sale in over 40 years! Big beautiful 4-level 7-unit 1880s Victorian Greystone "tower" in top location in the UIC East Campus "Little Italy" neighborhood. Steps to Taylor St. Steps to multiple CTA buses and UIC school bus. Walking distance to UIC east and west campus as well as the Illinois Medical District and UIC, Rush, Cook and West side VA hospitals as well as the UIC medical, nursing, dental and pharmacy schools. Walking distance to both blue and pink line EL trains. Easy access to Roosevelt Rd, I-290, I-90/94 and minutes to downtown. Property is cosmetically and mechanically updated and well maintained. Room to improve existing rents $500/mo+ as well as 2-car garage for $300+/mo. Also has an 8th "in law" studio apt. This is the ultimate "armchair" property, and long term investment. Property has 100% occupancy at almost all times, due to high level location, condition and occupancy. Can be purchased as a package with 3834 S. Parnell, a jumbo 4/4/3 3-unit listed for $599,000.
11824548
Multi-Family, Business Opportunities, 3+ Story
Cook
1890
0.089 Acres
4
Brick,Stone
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Data Provided by Onboard
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Courtesy: Art of Real Estate LLC
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