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Listed by Ryan Smithof RE/MAX Premier
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Est. payment /mo
Price Dropped by $5K
4734 S Racine AVE Chicago, IL 60609
5 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12662042
Bedrooms 5
Year Built 1888
Annual Tax Amount $745
Tax Year 2023
Lot Dimensions 3000
Property Sub-Type Two to Four Units
Property Description
Located in the highly sought after back of the yards community this jumbo two-unit building offers a pivot opportunity to a savvy buyer! Renovate the building, add value and live in one unit while renting the other out or use this as a straight investment property by renting both units while adding value, either way this is a win win situation! The building offers great size in both units with formal living room that features eastern exposure where tons of natural light shines in and flows effortlessly to a formal dining room! There are two bedrooms on the first-floor unit with three bedrooms on the second-floor unit. The basement is unfinished and can be duplexed into the main level unit while adding tons of equity upside! Having a deep lot with a two car garage is an added plus as well as being so close to the red line and Dan Ryan! Do not overlook the upside on this building in a market where you will rarely find value add multi units!
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Aluminum Siding,Frame
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition REO/Lender Owned
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