2123-25 W Race AVE, Chicago, IL 60612
2123-25 W Race AVE, Chicago, IL 60612
2123-25 W Race AVE, Chicago, IL 60612
2123-25 W Race AVE, Chicago, IL 60612
2123-25 W Race AVE, Chicago, IL 60612
2123-25 W Race AVE, Chicago, IL 60612
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$ 999,995
Est. payment | /mo

6 Beds

4 Baths


Save
$ 999,995
Est. payment | /mo
Save

6 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12695664

Bedrooms 6

Annual Tax Amount $18,594

Tax Year 2024

Lot Dimensions 50X91

Property Sub-Type Two to Four Units

Property Description

A unique opportunity for investors and owner occupants seeking both stability and future growth. This well-maintained three flat sits proudly on a double lot with two PINs in the heart of West Town's East Ukrainian Village, a neighborhood known for its treelined streets, historic homes, and strong community character. The property provides immediate income from long-term tenants whose rents are significantly below current market levels, offering meaningful value and potential. The top floor residence features three bedrooms, two bathrooms, hardwood flooring throughout most of the unit, two carpeted bedrooms, in-unit washer and dryer, HVAC approximately five years old, and a private deck. The first floor unit includes two bedrooms, one bathroom, and hardwood floors throughout. The garden unit offers one bedroom, a walk-in closet, tile flooring, and a furnace approximately five years old, with the lease expiring August 31, 2026. Both the first floor and second floor units are rented month-to-month, providing flexibility for future plans. A shared laundry area with one washer and one dryer serves two units, and the property includes a two car garage plus ample additional parking. With its strong rental history, below market rents, and prime East Ukrainian Village location, this multiunit presents a compelling opportunity to modernize interiors, reposition rents, or explore redevelopment options made possible by the oversized lot. It blends residential charm with everyday convenience in one of Chicago's most desirable near west neighborhoods.

Location

State IL

County Cook

Area Chi - West Town

Zoning SINGL

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Forced Air, Space Heater

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Brick,Frame, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding,Brick,Frame

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Olya Ellis of  Coldwell Banker Realty 
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2123-25 W Race AVE