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$2,500,000

616 S Racine Avenue
Chicago, Illinois 60607

Closed / MLS #11868059 / Multiple Family / Near West Side
Listing information updated 4/26/2024 at 6:03am
Newer construction 5 unit building with parking and student tenants under lease through 7/31/24. 25 total bedrooms. See rent roll under additional documents. These units stay occupied due to high demand for student housing in this neighborhood with the University of Illinois at Chicago campus so close and this property has excellent proximity to downtown Chicago and the Lakefront. This property is part of a larger portfolio of student housing properties all located in the same neighborhood.
Water Front:
No
Square Feet:
N/A
Built:
2019
Stories:
5
Current Net Income:
$209,822
Unit 1:
7 room(s) / 5 bed(s) / 2 bath(s)
Tax Amount:
$27,842
Tax Year:
2021
Zip Code:
60607
City:
Chicago
County:
Cook

Listing Office: Baird & Warner

Listing Office Phone: 708.460.1400

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/26/2024 at 6:03am. 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. Some listings have been excluded from this website.

Near West Side

Near West Side, IL

Just west of the Loop you’ll find an area that is home to restaurants, shops, official landmarks, and neighborhoods old and new. The Near West Side is made up of several noteworthy neighborhoods including Fulton River District, the West Loop, Little Italy, Greektown, University Village, and Tri-Ta...

CTA

CTA
Blue line at Racine
CTA
Green line at Ashland
CTA
Pink line at Polk

Metra

Metra
BNSF Railway line at Union Station
Metra
Heritage Corridor line at Union Station
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Milwaukee District North line at Union Station
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Milwaukee District West line at Union Station
Metra
North Central Service line at Union Station
Metra
Southwest Service line at Union Station
$546,934
Average Sale Price
64
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 616 S Racine Avenue, Chicago, IL 60607
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616 S Racine Avenue, Chicago, IL 60607 is a multiple family which sold for $2,500,000. This multiple family has been listed on @properties Christie's International Real Estate since October 5th, 2023 and was built in 2019. The nearest transit stops include Racine CTA Blue line and Union Station Metra BNSF Railway line.

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