2129 N Racine AVE, Chicago, IL 60614
2129 N Racine AVE, Chicago, IL 60614
2129 N Racine AVE, Chicago, IL 60614
2129 N Racine AVE, Chicago, IL 60614
2129 N Racine AVE, Chicago, IL 60614
2129 N Racine AVE, Chicago, IL 60614
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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12656616

Maintenance Fees $7,330

Year Built 1900

Annual Tax Amount $36,370

Tax Year 2024

Lot Dimensions 25X127.5

Property Sub-Type Multi Family 5+

Property Description

Rare opportunity to acquire a fully renovated five-unit Greystone property in the heart of Chicago's highly sought-after Lincoln Park neighborhood. The property consists of a three-unit front building and a two-unit coach house, offering an attractive unit mix of spacious 2-, 3-, and 4-bedroom apartments ideal for strong tenant demand. Located just steps from neighborhood retail, public transportation, and the lakefront, this turnkey investment combines prime location with modern functionality. All units were completely gut rehabbed down to the studs in 2016 and feature high-end finishes throughout, including quartz countertops, in-unit laundry, individual HVAC systems, and separate hot water heaters. The extensive 2016 renovation also included updated building systems, providing long-term peace of mind for ownership. The first-floor coach house lease expires at the end of July, creating a potential owner-occupancy opportunity, while all other units are secured with leases extending through summer 2027, offering stable in-place income.

Location

State IL

County Cook

Area Chi - Lincoln Park

Zoning MULTI

Interior

Cooling Central Air

Fireplaces Number 3

Fireplace Y

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Tyler Weekes of  Star Realty & Management 

Nearby Locations

Michael Vrielink

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 970-9476

mvrielink@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642-1219, USA

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2129 N Racine AVE