2246 North Racine Avenue Chicago, IL 60614

$1,185,000
10
Beds
$1,185,000
10
Beds
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sold - 05/22/2023
1/16
Street View

One of the rarest kinds of opportunities in the market: A first generation 5,100 SF Lincoln Park Mansard Graystone in the absolute heart of the neighborhood. The building is currently configured as four apartments. Two 3bed/1bath units, an open 2/1 on the top floor and a non conforming 2/1 in the garden providing, with addition of the two car garage a total gross rent of $108,360/year. Keep as is, update the units for higher returns or turn into what could be the next great single family renovation in the neighborhood. High ceilings, side bays, huge original curved and leaded glass windows, original moldings and wood work and one of the best facades in the entire neighborhood. Right across the street from Trebes Park, in the Mayer School District and steps away from the tree lined streets and shops that make Lincoln Park, Lincoln Park. Truly a special opportunity at an exceptional price.

One of the rarest kinds of opportunities in the market: A first generation 5,100 SF Lincoln Park Mansard Graystone in the absolute heart of the neighborhood. The building is currently configured as four apartments. Two 3bed/1bath units, an open 2/1 on the top floor and a non conforming 2/1 in the garden providing, with addition of the two car garage a total gross rent of $108,360/year. Keep as is, update the units for higher returns or turn into what could be the next great single family renovation in the neighborhood. High ceilings, side bays, huge original curved and leaded glass windows, original moldings and wood work and one of the best facades in the entire neighborhood. Right across the street from Trebes Park, in the Mayer School District and steps away from the tree lined streets and shops that make Lincoln Park, Lincoln Park. Truly a special opportunity at an exceptional price.

  • Neighborhood
  • Type
  • County
    Cook
  • Area
    CHI - Lincoln Park
  • Tax Amount
    $26,544
  • Status
    Sold
  • Listing #
    11707044
  • Built
    1876
  • Listed on site
    428 days
  • Sold Price
    1185000

Listed by:
Peak Realty Chicago

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Peak Realty Chicago.
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School Info

Property details

Community Features

  • No HOA

Exterior features

  • Deck
  • Has garage
  • Garage Detached
  • No Pool
  • Patio
  • Basement

Property History

DateDays AgoEventNew Price
May 22, 202310 mos agoPrice decreased65,000 (5%)$1,185,000
Jan 25, 20231 yr agoNew on market$1,250,000
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