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  • $1,185,000

    2246 N Racine Ave, Chicago, IL 60614

    7beds
    --sqft
    Multi Family
    Built in 1876
    -- sqft lot
    $1,801,400 Zestimate®
    $--/sqft
    $4,761 Estimated rent

    Home value

    $1,801,400

    $1.59M - $2.07M

    $4,761/mo

    Zestimate® history
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    $6,975/mo

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    What's special

    One of the rarest kinds of opportunities in the market: A first generation 5,100 SF Lincoln Park Mansard Graystone in the absolute heart of the neighborhood. The building is currently configured as four apartments. Two 3bed/1bath units, an open 2/1 on the top floor and a non conforming 2/1 in the garden providing, with addition of the two car garage a total gross rent of $108,360/year. Keep as is, update the units for higher returns or turn into what could be the next great single family renovation in the neighborhood. High ceilings, side bays, huge original curved and leaded glass windows, original moldings and wood work and one of the best facades in the entire neighborhood. Right across the street from Trebes Park, in the Mayer School District and steps away from the tree lined streets and shops that make Lincoln Park, Lincoln Park. Truly a special opportunity at an exceptional price.

    Zillow last checked: 7 hours ago

    Listing updated: May 22, 2023 at 01:39pm

    Listing courtesy of:

    Alexander Morsch 312-720-3404,

    Cross Street Real Estate,

    Charlie Cohen 847-287-7791,

    Cross Street Real Estate

    Bought with:

    Joe Luzaj

    Area606 Properties, LLC

    Source: MRED as distributed by MLS GRID,MLS#: 11707044MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 4
    Heating
    • Steam, Radiator(s)
    Features
    • Basement: Finished,Walk-Out Access

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Roof Deck, Patio, Deck
    Lot
    • Size: 3,224 sqft
    • Dimensions: 26 X 124
    Details
    • Parcel number: 14321130280000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Greystone
    • Property subtype: Multi Family
    Materials
    • Brick, Stone, Limestone
    • Foundation: Brick/Mortar
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1876
    • Major remodel year: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/26/2023Sold$1,185,000
    Source: Public Record Report a problem
    5/22/2023Sold$1,185,000-5.2%
    Source: MRED as distributed by MLS GRID #11707044 Report a problem
    5/4/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11707044 Report a problem
    4/17/2023Contingent$1,250,000
    Source: MRED as distributed by MLS GRID #11707044 Report a problem
    3/5/2023Listed for sale$1,250,000
    Source: MRED as distributed by MLS GRID #11707044 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$27,851 +2.6%$132,000
    2022$27,150 +2.3%$132,000
    2021$26,544 +10.3%$132,000 +22.2%

    Find assessor info on the county website

    Neighborhood: Lincoln Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Oscar Mayer Elementary School
    • High: Lincoln Park High School
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,801,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,801,400