BEDS0
BATHS
MLS#12656616
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Lot Size: 0.07 Acres
Stories: 3.0
Taxes: $36,370
Year Built: 1900
Feature Descriptions
Exterior: Brick
HVAC: Central Bldg Heat, Central Heat/Indiv Controls
Lot Dimensions: 25X127.5
Parcel#: 14322130170000
Tenant Pays: Air Conditioning, Electricity, Heat
Units: 5
Listed By / Shown By
Listed By
Agency Name: Star Realty & Management
Agency Phone: 312-371-2564
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 10,582.53 per month $6,676.70 Principal & Interest $3,030.83 Property Tax $875.00 Homeowner's InsuranceChange Payment Information
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2129 N Racine Avenue | MLS# 12656616
This multi-family property located at 2129 N Racine Avenue , Chicago, IL 60614 is currently listed for sale with an asking price of $3,000,000. Search Chicago real estate on www.bhhscrosby.com today.