3740 North Racine Avenue

Chicago, IL 60613

$830,000
Price
6
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Ideally located in the heart of the Wrigleyville entertainment district, this investment property offers abundant natural light and an oversized interior layout with three bedrooms per floor, separate living and dining rooms, and an unfinished basement featuring tall ceilings and generous window space-perfect for future expansion. Both units are in older, semi-original condition but are structurally sound. Each unit has separate forced air heating, with easy potential for central air installation....Ideally located in the heart of the Wrigleyville entertainment district, this investment property offers abundant natural light and an oversized interior layout with three bedrooms per floor, separate living and dining rooms, and an unfinished basement featuring tall ceilings and generous window space-perfect for future expansion. Both units are in older, semi-original condition but are structurally sound. Each unit has separate forced air heating, with easy potential for central air installation. The property sits on an extra-wide, 30-foot lot, allowing for three parking spaces that the current owner utilizes for additional income during events and Cubs games. The exterior has been well-maintained, with recent tuckpointing, rebuilt front steps, and a rebuilt chimney. This rare, fully detached Greystone provides excellent natural light and offers higher potential land use, with zoning designated as RT 3.5. The prime location supports various high-income opportunities, including short-term rentals like Airbnb. With immediate access to the Wrigleyville entertainment corridor, this building is directly across from The Metro and just steps from Wrigley Field, The Cubby Bear, Lucky Strike Social, X-Golf, Swift and Sons Tavern, Uncommon Ground, UFC Gym Wrigleyville, and a multitude of bars, restaurants, and entertainment venues. It's also a mere four blocks from the vibrant Southport Corridor. This property offers an unbeatable high-energy location with immense potential for any investor!

Listing Agents

  1. Santiago Valdez

    Santiago Valdez

    Listing Agent

    Compass

  2. Elizabeth Pyle

    Elizabeth Pyle

    Alternative Listing Agent

    Compass

Property Details for 3740 North Racine Avenue

Area
CHI - Lake View
Township
Lake View
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
Architectural Style
Greystone
Zoning
MULTI
LISTING UPDATED: 12/03/2024 05:27 PM

Property Details for 3740 North Racine Avenue

StatusContingent ( Private )
MLS #12218063
Days on Market0
Taxes$21,153 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1904
Lot Size0.08 AC / 3,690 SF
CountyCook County

Building Information for 3740 North Racine Avenue

Stories-Residences2Year Built1904Building Size-Lot Size0.08 AC / 3,690 SF

Property Information for 3740 North Racine Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Blaine Elementary School
  • Jr High Middle School: Blaine Elementary School
  • High School District: 299
  • High School: Lake View High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Unassigned, Driveway
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 11
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Partially Finished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Oversized Chicago Lot
  • Lot Dimensions: 30 X 123
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Brick, Stone
  • General Information: None
  • North Coordinate: 3744
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1200
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2024-11-27T21:38:16
  • Photos Count: 7
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: M/M
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: OWN

Schools near 3740 North Racine 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 - K to 8
Rating
School
Distance
Blaine Elementary School
PublicPK to 8

Lake View High School
Public9 to 12

Inter-American Elementary Magnet School
PublicPK to 8

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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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.

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 12/03/2024 05:27 PM. 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.