1925 S Racine Avenue Chicago, IL 60608

$1,075,000
1925 S Racine Avenue, Chicago, IL 60608
09938888

Commercial Property for sale in Chicago, IL

for $1,075,000. This 5,852 square foot building was built on a lot size of 25X100.

Property Information

  • $1,075,000
  • Commercial
  • 5,852 Square Feet
  • Taxes are $4,894
  • Mixed Use
  • Active
  • 3 Floors
  • Lot size of 25X100
  • Chicago, IL
  • Pilsen Neighborhood
  • Cook County
  • MLS/Web ID is 09938888

Description

Located in the heart of Pilsen neighborhood that is booming with restaurants, parks, nightlife, plenty of new construction, and easy access to CTA & Metra stations. Building has corner curb exposure of 128 feet with a ground-level retail storefront that has very high ceilings on the first floor, and a large basement w/ laundry to provide additional income. Commercial tenant leased through 2019 w/ 3% annual increases. Very minimal building expenses, no landscaping necessary. There are four apartments that were rehabbed with updated finishes such SS appliances, new cabinets, granite counters, hardwood flooring throughout, light fixtures, storage and more. Plenty of structural improvements to the building with new roofing in 2014, fire-rated doors, glass block windows, and upgraded electrical, plumbing & central HVAC.

Interior 3

Cooling System

  • Central Air

Flooring

  • Wood Floors

Heating System

  • Forced Air
  • Gas

Exterior 5

Construction

  • Brick

Foundation

  • Concrete

Road Frontage

  • City Street

Roof

  • Flat Roof
  • Membrane

Siding

  • Brick

Miscellaneous 2

Location

  • Business District
  • Near Public Transportation

Utilities

  • Electric
  • Water

Rental 1

Tenant Pays

  • Electric
  • Heating

† Excluded Feature

Listed By

Broker: WINDY CITY RE LLC

1925 S Racine Avenue, Chicago, IL, 60608 is a Commercial Property for sale at $1,075,000 with 5,852 sqft and a lot size of 25X100. 1925 S Racine Avenue has 0.0 baths. The property's zip code is 60608 which is in Chicago, IL

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Pricing History

Date Price Price Change Description
10/12/2018 $1,075,000 -1.83 % Price Change
10/12/2018 $1,095,000 Price Change
5/4/2018 $1,095,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Chicago $551,561 49 % below $339,900 68 % below
Commerical listings in Chicago $737,509 31 % below $400,000 63 % below

Get the facts about Chicago, IL!

Population 2,758,555
Population Growth (since 2000) -4 %
Median Income $49,562
Median Age 34.83
Households w/ Children 25 %

Residential Dwellings

  • Owned 491166
  • Vacant 139733
  • Rented 585273

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363