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$538,000
84 Days Online

3238 S Racine Avenue
Chicago, IL 60608

For Sale|Multi-Family|Active
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Gordon Realty Co. 773-780-9825
Call Now: 312-767-7744
Is this the home for you? We can help make it yours.
312-767-7744
3238 S Racine Avenue3238 S Racine Avenue3238 S Racine Avenue3238 S Racine Avenue
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Presenting a great investment opportunity, this two-story building boasts four well-maintained apartments (two of which were owner occupied). The units each have a mix of traditional design and trim, hardword floors mixed with updated kichens. Three spacious two-bedroom, one-bath units offering quaint living spaces and ample natural light. The fourth apartment, a cozy one-bedroom, one-bath unit, suits singles or couples perfectly. This well-managed property had consistent rental income but is current vacant to prepare the units for sale. Situated in a prime location with easy access to amenities, schools, and transportation, it appeals to a wide tenant demographic. With impressive local rental rates, there is potential for increased cash flow, This property represents a secure and lucrative real estate investment. This property is also combined as a package with an adjacent lot (Listing# 11885072) for an opportunity to either enjoy the space, or possibly build another dream house next door. Seller is motivated and will consider all written offers.

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Listing Snapshot
Price 
$538,000
Days Online 
84 Days
Bedrooms 
7
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1903
MLS Number 
11880764
Status 
Active
Property Tax 
$2,863
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS
2 months agoPrice changed to $538,000
3 months agoPrice changed to $548,000
3 months agoListing first seen online
General Features
Sewer 
Public Sewer
Basement 
None
Water 
PublicLake Michigan
Property Sub Type 
Multi Family
General Information 
Commuter BusCommuter TrainInterstate Access
Rooms Total 
19
Lot Size 
Standard Chicago Lot
Interior Features
Heating 
Natural GasElectric
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Exterior Features
Waterfront Property 
No
Community Features
Township 
South Chicago
MLS Area 
CHI - Bridgeport
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Gordon Realty Co. 773-780-9825



Based on information submitted to the MLS GRID as of 2023-12-07 07:15 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2023-12-07 07:15 PM UTC
MRED DMCA Copyright Information Copyright © 2023 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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