Sold

616 S Racine Avenue

Chicago IL, 60607

$2,500,000


Sold

Commercial

Built in 2019

Courtesy of Baird & Warner

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.

11868059

MLS ID

October 5, 2023

Listed

April 26, 2024

Updated

Map

616 S Racine Avenue
Chicago IL, 60607

Other Property Details

Area Name

CHI - Near West Side


Taxes

$27,842


Tax Frequency

Annually


Days on Market

140


Garage

No


View

No


County

Cook


Pool

No


Buyer Agency Compensation

2%-295

Listing History

Date

Event

Price

4/24/2024

Sold

$2,500,000

1/24/2024

Under Contract

Courtesy of Baird & Warner, Michael Galvan,
Listing Contact: 708-460-1400 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than HL2R Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data last updated 12:08 PM UTC, 4/26/2024

 

 

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