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1707-1709 S Racine Ave
Chicago, IL 60608 Pilsen

$3,125,000 USD

Apartments For Sale  •  16,400 SF

Property Details

• Property Type Apartments
• Total Building Size 16,400 SF
• Lot Size 0.14 AC
• Building Class C
• Year Built 1891
• Cap Rate 7.23 %
• Zoning R

90 Transit Score

100 Walk Score

Highlights

16-Unit Multifamily Offering in Dynamic Pilsen Location at 18th and Racine

Great Economies of Scale for Pilsen Sub-Market - Rarely Available

Updated Apartments with Granite Countertops, Dishwashers, and Central Heat

Four (4) Units Feature Central A/C

Basement Coin Laundry

Value-Add Potential Through Light Cosmetic Upgrades

Cap Rate:

7.23 %

Amenities

• 24 Hour Access
• Controlled Access
• Dishwasher
• Laundry Facilities
• Recycling
• Granite Countertops
• Hardwood Floors
• Refrigerator
• Oven
• Stainless Steel Appliances
• Range
• Walk-Up

Public Transportation

Commuter Rail	Drive	Walk	Distance
Halsted Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	12 min	0.6 mi
Western Avenue Station (BNSF) (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra))	4 min	-	1.5 mi
Transit/Subway	Drive	Walk	Distance
Halsted Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	12 min	0.6 mi
18th Street Station (Pink Line - Chicago Transit Authority "L" Trains (The "L"))	2 min	14 min	0.7 mi
Airport	Drive	Walk	Distance
Chicago Midway International	22 min	-	9.5 mi
Chicago O'Hare International	54 min	-	22.3 mi