Property Description

This property offers an opportunity for an investor to acquire an attractive six-unit building in the rapidly appreciating Uptown neighborhood of Chicago. This opportunity is ideal for an investor looking to add value by completing renovations and maximizing rents. The property can be packaged with another property located at 4853 N Kenmore Avenue offered for sale with the same seller.

The Uptown neighborhood of Chicago benefits from its prime access to public transportation and close proximity to downtown Chicago and Lake Michigan. The neighborhood is best know as an entertainment district and home to some of the most well known concert venues in Chicago including: the Aragon Ballroom, the Riviera Theater and the iconic Green Mill jazz club.

Currently the neighborhood is booming as developers are attracted to the unique architecture, convenient location and vibrant culture offered by Uptown.

Address Map
Address Location
US
IL
Chicago
60640
Racine
4431

4431 N Racine Ave Chicago, IL 60640

4431 Racine- Chicago- Illinois 60640

0 Sqft
$1,500,000
Listing ID #1093
Property Details
Listing Type : Sold Listing
Property Type : Multifamily
Price : $1,500,000
Property Sub-type : Apartments
Apartment Style : Low Rise
Listing ID : 1093
Building Class : C
Zoning : RT-4
Cap Rate : 7.33
Building Size : 0 Sqft
No. Stories : 3
Year Built : 1903
APN / Parcel ID : 14-17-224-005-0000
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