2001 West Race Avenue

Chicago, IL 60612

$3,800,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great opportunity to add a multi use building to your real estate portfolio. 6 apartment units updated in 2013. Three units are 3 Bed 2 bath, and three units are 2 Bed 2 bath. The top floor units have beautiful skyline views and access to a rooftop deck. All units have hardwood floors, updated kitchens with quartz counters and stainless steel appliances, in unit washers and dryers. The main floor is an open retail space currently leased into Feb 2026.Great opportunity to add a multi use building to your real estate portfolio. 6 apartment units updated in 2013. Three units are 3 Bed 2 bath, and three units are 2 Bed 2 bath. The top floor units have beautiful skyline views and access to a rooftop deck. All units have hardwood floors, updated kitchens with quartz counters and stainless steel appliances, in unit washers and dryers. The main floor is an open retail space currently leased into Feb 2026.
  1. Listed by Gregg Bernadette • Homesmart Connect LLC

Property Details for 2001 West Race Avenue

Area
CHI - West Town
Township
West Chicago
Num of Interior Fireplaces
0
LISTING UPDATED: 09/23/2024 12:30 AM

Property Details for 2001 West Race Avenue

StatusActive
MLS #12165140
Days on Market166
Taxes$30,870 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built2005
Lot Size0.10 AC / 4,416 SF
CountyCook County

Building Information for 2001 West Race Avenue

Stories4Residences7Year Built2005Lot Size0.10 AC / 4,416 SF

Property Information for 2001 West Race Avenue

General Information
Addtl Parking Information
  • Indoor Parking: Attached
Location and General Information
  • Geographic Locale: Chicago West
  • Information: 24-Hr Notice Required,List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 101 to 200 Amps
  • Flooring: Wood
  • # Of Washers: 6
  • Heat/Ventilation: Forced Air
  • # Of Window/Ac: 0
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • Misc Inside: Elevator/s Freight
  • # Of Dryers: 6
  • # Of Dishwashers: 6
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 6
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: No
  • Approximate Age: 16-25 Years
  • Lot Dimensions: 48X92
  • Lot Size Square Feet: 0.0
  • Stories: 4
  • Exterior Building Type: Brick
  • Fire Protection: Smoke or Fire Protectors
  • # Of Offices: 1
  • # Of Ranges: 6
  • # Of Stores: 0
  • Property Sub Type: Apts/Ofc, Ofc/Store
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 17
Miscellaneous
  • Location: Corner
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Electric Expense: $1,740.00
  • Fuel Expense: $.00
  • Gross Income: $284,600.00
  • Gross Scheduled Income: $284,600.00
  • Insurance Expense: $14,903.00
  • Expense Year: 2023
  • Total Annual Expense Source: Owner Projection
  • Insurance Expense Source: Actual
  • Other Expense Source: Combination
  • Total Monthly Income: 23719
  • Operating Expense: $105,682.00
  • Other Expense: $15,000.00
  • Trash Expense: $6,000.00
  • Water Sewer Expense: $1,862.00

Property History for 2001 West Race Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2001 West Race Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 7
Rating
School
Distance
Talcott Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Rudolph Elementary Learning Center
PublicPK to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2001 West Race Avenue is a mixed use property for sale in Chicago, IL 60612. This property was listed for sale on September 16, 2024 by Homesmart Connect LLC, it's currently listed at $3,800,000. This listing's school district is Chicago Public Schools. Nearby schools include Talcott Elementary School, Wells Community Academy High School and Suder Montessori Elementary Magnet School. 2001 West Race Avenue is a 0-bed, 0-bath, mixed use property built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Homesmart Connect LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/23/2024 12:30 AM. 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.