1113 S Racine Avenue Chicago IL 60607 MLS #MRD12605996

MLS #MRD12605996 image #0
Gut-Rehabbed beautiful LEGAL 3 flat with all new kitchens, cabinets, quarts countertops, stainless steel appliances, backsplashes, new bathrooms, showers/tubs, tile, flooring, washer / dryer in-unit, separate HVAC, exposed brick, high ceilings, high-rent with modern high-design custom finishes. Beautiful 1883 brick Victorian in top location in the UIC East Campus “Little Italy” neighborhood. Steps to Taylor St. Steps to multiple CTA buses and UIC school bus. Walking distance to UIC east and west campus as well as the Illinois Medical District and UIC, Rush, Cook and West side Va hospitals as well as the UIC medical, nursing, dental and pharmacy schools. Walking distance to both blue and pink line EL trains. Easy access to Roosevelt Rd, I-290, I-90/94 and minutes to downtown. Agent-Owned. Includes an oversized covered porch and 2-car garage. Garage can generate an additional $400+/mo. There is also room for an additional 4 car open air parking for additional $300+/mo. So combined total income with unrented parking income would be $104,220/year. Perfect for owner-user or investment with an operating CAP rate ~ 7.5

Property Details

Price:
$1,025,000
MLS #:
MRD12605996
Status:
Active Under Contract
Beds:
9
Baths:
3
Type:
Multi Family
Neighborhood:
chinearwestside
Listed Date:
Apr 6, 2026
Year Built:
1878
VictorianChi – Near West SideChinearwestside

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air, Indv Controls

Exterior

Architectural Style
Victorian
Construction Materials
Brick
Garage Spaces
2
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Unassigned, Off Alley, Owned, Garage
Parking Spots
6
Parking Total
6
Roof
Rubber

Financial

Tax Year
2024
Taxes
$14,116

Listing Agent & Office

Adam Saffro
New Era Chicago, LLC

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