Updated 3 flat building with student tenants under lease through 7/31/24. 12 total bedrooms. 6 full bathrooms. In unit laundry for each floor. See rent roll under additional documents. These units stay occupied due to high demand for student housing in this neighborhood with the University of Illinois at Chicago campus so close and this property has excellent proximity to downtown Chicago and the Lakefront. There is also a 2 car garage. This property is part of a larger portfolio of student housing properties all located in the same neighborhood. Contact listing agent for more information about acquiring the entire portfolio.
Closed
$1,050,000
618 S Racine Ave, Chicago, IL 60607
12beds
--sqft
Multi Family
Built in 1936
-- sqft lot
$1,140,300 Zestimate®
$--/sqft
$3,095 Estimated rent
Home value
$1,140,300
$1.06M - $1.23M
$3,095/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 03, 2024 at 12:00am
Listing courtesy of:
Michael Galvan 708-460-1400,
Baird & Warner
Bought with:
Brett Murphy
High Fidelity Realty
Source: MRED as distributed by MLS GRID,MLS#: 11869095
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Features
- Patio & porch: Deck, Patio
- Exterior features: Balcony
Lot
- Size: 3,000 sqft
- Dimensions: 25 X 120
Details
- Additional structures: Garage(s)
- Parcel number: 17173080160000
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1936
- Major remodel year: 2019
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
| Date | Event | Price |
|---|---|---|
| 1/31/2024 | Sold | $1,050,000-4.5% |
Source:  MRED as distributed by MLS GRID #11869095 Report a problem | ||
| 11/17/2023 | Contingent | $1,100,000 |
Source: MRED as distributed by MLS GRID #11869095 Report a problem | ||
| 10/5/2023 | Listed for sale | $1,100,000+2.3% |
Source: MRED as distributed by MLS GRID #11869095 Report a problem | ||
| 6/20/2017 | Sold | $1,075,000-10.4% |
Source: MRED as distributed by MLS GRID #09572426 Report a problem | ||
| 3/31/2017 | Pending sale | $1,200,000 |
Source: North Clybourn Group Inc. #09572426 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $17,361 +2.6% | $82,000 |
| 2022 | $16,923 +2.3% | $82,000 |
| 2021 | $16,544 -6.2% | $82,000 +3.9% |
Find assessor info on the county website
Neighborhood: University Village - Little Italy
Nearby schools
GreatSchools rating
- 3/10Smyth J Elementary SchoolGrades: PK-8Distance: 0.6 mi
- 1/10Wells Community Academy High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- 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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$1,140,300
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