2123-25 W Race Avenue Chicago, IL $ 1,100,000
2123-25 W Race Avenue
$ 1,100,000
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2123-25 W Race Avenue

Chicago, IL, 60612
$ 1,100,000
Bedrooms6 Baths4.0

Monthly Estimate*

$ 6,946

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Multi-Family Home for sale in Chicago, IL

for $1,100,000 with 6 bedrooms and 4 full baths.

A unique opportunity for investors and owner occupants seeking both stability and future growth. This well-maintained three flat sits proudly on a double lot with two PINs in the heart of West Town's East Ukrainian Village, a neighborhood known for its treelined streets, historic homes, and strong community character. The property provides immediate income from long-term tenants whose rents are significantly below current market levels, offering meaningful value and potential. The top floor residence features three bedrooms, two bathrooms, hardwood flooring throughout most of the unit, two carpeted bedrooms, in-unit washer and dryer, HVAC approximately five years old, and a private deck. The first floor unit includes two bedrooms, one bathroom, and hardwood floors throughout. The garden unit offers one bedroom, a walk-in closet, tile flooring, and a furnace approximately five years old, with the lease expiring August 31, 2026. Both the first floor and second floor units are rented month-to-month, providing flexibility for future plans. A shared laundry area with one washer and one dryer serves two units, and the property includes a two car garage plus ample additional parking. With its strong rental history, below market rents, and prime East Ukrainian Village location, this multiunit presents a compelling opportunity to modernize interiors, reposition rents, or explore redevelopment options made possible by the oversized lot. It blends residential charm with everyday convenience in one of Chicago's most desirable near west neighborhoods.

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Multi-Family Contingent

Price

$ 1,100,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 18,594

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12695664

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air Space Heater
Possession Closing
Zoning SINGL
Garage Spaces 2
Construction Materials Vinyl Siding Brick Frame
Township West Chicago
Tax Year 2024
Ownership Fee Simple
Additional Parcels Description 17071230140000
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 14
Status Contingent
Directions CHICAGO TO LEAVITT SOUTH TO RACE EAST TO PROPERTY
City Chicago
High School District 299
MLS Area CHI - West Town
Tax Annual Amount 18594.31
Additional Parcels Y/N Y
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 6
Total Baths 4
Bedrooms Possible 6
Full Baths Building 4
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes Garage Owned Attached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 50X91
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

olya.ellis@cbrealty.com

Email

Affordability Calculator

$8,495
Per Month
82%
18%
0%
Monthly Principal & Interest
$6,946
Monthly Property Taxes
$1,550
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/8/2026$999,995 Listed Price

Map


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2123-25 W Race Avenue, Chicago, IL, 60612 is a Multi-Family Home for sale at $1,100,000. 2123-25 W Race Avenue has 6 bedrooms and 4.0 baths. The property's zip code is 60612 which is in Chicago, IL