$2,500,000
$2,500,000
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616 S Racine AVE Chicago, IL 60607
Key Details
Sold Price $2,500,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11868059
Sold Date 04/23/24
Maintenance Fees $1,000
Year Built 2019
Annual Tax Amount $27,842
Tax Year 2021
Lot Dimensions 25 X 120
Property Description
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.
Location
State IL
County Cook
Area Chi - Near West Side
Interior
Fireplace N
Building
Level or Stories 5
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Fernando Rivera • Extreme Realty LLC