3017 N Racine Ave., Chicago, IL 60657

3017 N Racine Ave., Chicago, IL 60657
Photo 1 of 10
$795,000
Sold on 6/03/14
Beds Baths Sq. Ft. Taxes Built
7 0.00 0 $8,731.50 1910
On the market: 109 days
View full details, 15 photos, school info, and price history
Let the numbers do the talking. 6.9% CAP rate at current rents. There is room to increase this to 7.7% Cap rate. Unit one has been fully updated in 2011 to owner standard. Unit 2 was updated to owner standard in 2005, so is slightly dated. Two great units. New roof in 2008, new basement slab in 2010. Very well maintained building. It's a money maker. Great neighborhood, easy walk to the El. Very easy to rent.
Listing courtesy of Adam Meredith, X Plus Real Estate