3363 S Racine Ave - Apartments FOR SALE


Chicago, IL 60608- Bridgeport
$1,340,000 USD
312-724-7010
3363 S Racine Ave, Chicago, IL for Sale
$1,340,000 USD
Apartments - FOR SALE
1/18
null | 6.35% Cap Rate

3363 S Racine Ave
Chicago, IL 60608
Bridgeport


HIGHLIGHTS

  • Six (6) Units in the Highly Desirable Bridgeport Neighborhood.
  • Rehabbed Units With Granite Counter tops and Stainless Steel Appliances (2016).
  • Capital Improvements Include New Roof, Electric, Plumbing, and HVAC (2016).
  • Common Coin Laundry for Additional Income.
  • Rear Yard for Tenant Use

OVERVIEW

Interra Realty has been exclusively engaged to market for sale a beautifully rehabbed Six (6) unit multi-family property in the highly desirable Bridgeport neighborhood. The property is located in an ideal Bridgeport location near the corner of Racine and 35th Street, right across the street from the Bridgeport Art Center. All units were rehabbed in 2016 with granite counter-tops, stainless steel appliances, and modern finishes along with significant capital improvements including all new tear off roof’s, new electric, plumbing, individual HVAC and rear porch. Investors have the ability to realize immediate cash flow with long term upside, in an extremely sought-after Chicago neighborhood in Bridgeport.

FOR SALE DETAILS

PRICE

$1,340,000 USD

PRICE/SF

$243 USD /SF

# OF UNITS

6

PRICE/UNIT

$223,333

CAP RATE

6.35%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1885

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

RS-3

APN/PARCEL ID

17-32-216-193-0000

ASK ABOUT THIS PROPERTY

Jeremy MortonInterra RealtyMore Info
312-724-7010

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jeremy MortonInterra RealtyMore Info
312-724-7010

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.