Multifamily Housing
2937 North Racine Avenue Chicago, IL 60657
Details & Description
Price: $899,000
    Highlights6.4% CAP in hot Lakeview neighborhoodEasy Rental - zero vacancies in 15+ yearsWell maintained throughout7-min walk to Brown Line15-min to Depaul20-min to Wrigley30-min to LakefrontDescriptionATTN INVESTORS - 6.4% CAP well maintained 3-Flat in AAA+ Lakeview location ideal for renters or convert to SFH. Features top floor 4BD/3BTH duplex-up with master suite; 1st floor 2BD/1BTH + Study/Den; and 2BD/1BTH Garden unit. Spacious Floor Plans with improvements throughout. Solid Building w/great tenants & strong income. All 3 units have been fully leased for 15+ years, with zero vacancy. Easy to rent. 2-Car Garage + Rear Garden.LocationLakeview
    Listing Agents
    Jason Hiller

    O: 773-412-3899
    jhiller@jameson.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2937 North Racine Avenue

    Chicago, IL 60657

    Listing ID: 202053
    2937 North Racine Avenue Chicago, IL 60657 | for Sale | Photo 1
    Building Size: 4,400 SF
    Lot Size: 0.101 AC
    Land Size: 4,400 SF
    Building $/SF: $204.32
    Land $/SF: $204.32
    Price
    $899,000
    Description

    Highlights

    6.4% CAP in hot Lakeview neighborhood

    Easy Rental - zero vacancies in 15+ years

    Well maintained throughout

    7-min walk to Brown Line

    15-min to Depaul

    20-min to Wrigley

    30-min to Lakefront

    Description

    ATTN INVESTORS - 6.4% CAP well maintained 3-Flat in AAA+ Lakeview location ideal for renters or convert to SFH. Features top floor 4BD/3BTH duplex-up with master suite; 1st floor 2BD/1BTH + Study/Den; and 2BD/1BTH Garden unit. Spacious Floor Plans with improvements throughout. Solid Building w/great tenants & strong income. All 3 units have been fully leased for 15+ years, with zero vacancy. Easy to rent. 2-Car Garage + Rear Garden.

    Location

    Lakeview

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Multifamily Housing for Sale

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    Chicago Area Market Trends

    Listing Demographics for 2937 North Racine Avenue Chicago, IL 60657

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population95,978514,3001,145,907
    Population Median Age333637
    Population by Age0-9 Yrs8809 (9%)47941 (9%)113870 (9%)
    10-19 Yrs6162 (6%)29901 (5%)94412 (8%)
    20-29 Yrs32989 (34%)131885 (25%)255664 (22%)
    30-39 Yrs22409 (23%)123894 (24%)246338 (21%)
    40-49 Yrs9712 (10%)61884 (12%)140648 (12%)
    50-59 Yrs7088 (7%)45780 (8%)118113 (10%)
    60-69 Yrs5177 (5%)37810 (7%)96785 (8%)
    70+ Yrs3633 (3%)35205 (6%)80078 (6%)
    Median HH Income$105,336$92,268$80,650
    Total Household Income< 24K5171 (11%)35233 (14%)88733 (17%)
    25-49K5061 (11%)32987 (13%)81202 (15%)
    50-74K6396 (13%)35422 (14%)75187 (14%)
    75-99K5342 (11%)30832 (12%)60746 (11%)
    100-199K12780 (27%)69140 (27%)132496 (25%)
    200K+11023 (24%)46265 (18%)79341 (15%)
    Highest Education LevelNo Diploma14862135782222
    Diploma or GED328937260112734
    Some College474639218102164
    Assoc. Degree17721457236620
    Bachelors Degree33735166822291707
    Higher Degree23663115740218400
    Total Housing Units49,842275,365581,660
    --Owner-Occupied18,102101,946208,713
    --Renter-Occupied27,671147,933308,992
    Owner-Occupied Values< 100K26322017894
    100-199K801773025428
    200-299K19051657241367
    300-399K23161696037371
    400-499K27061466127093
    500K+101114382269560
    Total Working Age Population84,002447,503980,543
    In Work Force70,040353,096723,467
    Not In Work Force13,96294,407257,076
    Workforce Employed68,150342,291690,655
    Workforce Unemployed1,89010,73032,419
    Civlian Workforce70,040353,021723,074
    Military Workforce074394
    Total Households45,773249,878517,706
    Family Households15,71294,550222,992
    Non-Family Households30,061155,329294,714
    Married Couple13,50476,143165,660
    Other Family2,20818,40657,332
    Married w/Child6,09030,05762,389
    Single Male w/Child2652,1056,073
    Single Female w/Child6795,99918,964

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2937 North Racine Avenue in Chicago?
    The asking price for 2937 North Racine Avenue is $899,000
    What is the building size of this Multifamily property in Chicago, IL?
    The size of the building/unit at 2937 North Racine Avenue in Chicago is 4,400 square feet
    How much land does the Chicago, IL property at 2937 North Racine Avenue include?
    2937 North Racine Avenue in Chicago includes 0.101 acres of land
    What is the population within 1 mile of 2937 North Racine Avenue in Chicago?
    The population within 1 mile of 2937 North Racine Avenue Chicago, IL 60657 is 95,978 people.
    Who do I contact for questions about 2937 North Racine Avenue?
    You should contact the listing agent, Jason Hiller, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Midway International Airport (MDW) 11
    Chicago O'Hare International Airport (ORD) 13
    South Bend Regional Airport (SBN) 71
    Price
    $899,000
    Listing Agent
    More listings from Jason Hiller
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