Closed

$2,300,000

Favorite

18,300

square ft

624 S Racine Street

CHICAGO, Illinois 60607

Closed / MLS #6435078 / Commercial / Mixed Use / West Loop Gate

Listing information updated 5/4/2024 at 6:03pm

Architectural Gem in the heart of the burgeoning UIC corridor!This mixed-use investment boasts 8 residntl units(all 3 bedroom), a 6000 sf successful restaurant/ banquet facility and is priced at a 7.4% cap. Pkg is available for 60 cars. On the Natl. Hist. Register and zoned general business-(Condo Convsn/Boutique hotel

Full Features

Zoning:

B4-3

# of Offices:

Building Square Feet:

18,300

Current Net Income:

$218,580

Taxes & Assessments

Tax Amount:

$15,420

Tax Year:

N/A

Location

Zip Code:

60607

City:

Chicago

County:

Cook

Listing Office: @PROPERTIES

Listing Office Phone: 312.943.1980

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 5/4/2024 at 6:03pm. 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.

CTA

Blue line at Racine

CTA

Green line at Ashland

CTA

Pink line at Polk

Metra

BNSF Railway line at Union Station

Metra

Heritage Corridor line at Union Station

Metra

Milwaukee District North line at Union Station

Metra

Milwaukee District West line at Union Station

Metra

North Central Service line at Union Station

Metra

Southwest Service line at Union Station

$648,679

Average Sale Price

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.

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624 S Racine Street is a commercial / mixed use which sold for $2,300,000. This commercial / mixed use has been listed on @properties since March 8th, 2007. The nearest transit stops include Racine CTA Blue line and Union Station Metra BNSF Railway line.