$2,500,000
616 S Racine Avenue
Chicago, IL, 60607
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.
Property Details
Price:
$2,500,000 / $2,500,000
MLS #:
MRD11868059
Status:
Closed ((Apr 23, 2024))
Beds:
0
Baths:
0
Address:
616 S Racine Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Oct 5, 2023
State:
IL
ZIP:
60607
Year Built:
2019
Schools
Interior
Exterior
Financial
Buyer Agent Compensation
2%-295Gross Sale Price
Tax Year
2021
Taxes
$27,842
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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616 S Racine Avenue
Chicago, IL
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