Back 3712 N Racine Ave
Off Market

3712 N Racine Ave

Chicago IL 60613

7
3
2
0.07 ac.
Multi-Family
Last sold for $815,000
Dustin PittmanDustin Pittman, last sold this property on 11 August 2020 after 524 days on market.

Overview

MOTIVATED SELLER! MOTIVATED SELLER! Great opportunity to live in one unit and rent out the other! Both units have been recently Updated. Total of 7 bedrooms and 3 bathrooms. Unit 1 is a split level unit. 2 bed,1 bath on main and 2 bed,1 bath in fully finished basement. Basement was finished by seller. (3 years old) Unit 2 is 3 bed,1 bath.Upstairs unit. 2 car garage. Each unit has its own washer and dryer. Stainless steel appliances. Separately metered. Currently generates $5,900 a month from both units. Cap rate 5.5%

Features

7 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
0.07 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar 7 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 3712 N Racine Ave is $1.56m.

Median value
$1.56m
Estimated value range
$900k - $2.15m
Median days on market
32
Estimated value trend
-27%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3712 N Racine Ave

2020
Sold
$815,000
11 Aug 2020 by Dustin Pittman, of Fulton Grace Realty
2016
Sold
$771,200
25 Jul 2016 by Michael McCallum, of Baird & Warner

Happy sellers in Chicago

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We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for 7 bedroom multi families in Chicago

In the last 12 months, 6 seven-bedroom multi families similar to 3712 N Racine Ave, have been sold.

This represents a 200% decrease in seven-bedroom multi families sales when compared to the previous 12 months.

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