2815 N Racine Avenue, Chicago IL 60657
$1,150,000

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Property Description

Rare find! Majestic 3-story Greystone, exudes all the charm of the Victorian era, nestled in the heart of Chicago's vibrant South Lakeview neighborhood. This cherished property, making its debut on the market after a 37-year tenure, boasts meticulously maintained units, offering a blend of modern updates and historic charm, located near the intersection of Racine, Diversey and Lincoln. Originally built in 1895 the property has much of the vintage charm preserved, including wood trim, art fireplaces, leaded glass and built-ins, and features three distinct units, all sun filled and spacious featuring formal living rooms, large dining rooms, huge eat-in-kitchens with pantries and enclosed rear porches. The owner's duplex unit boasts three bedrooms plus an office, a family room, two bathrooms, has separate utilities and was renovated with architect/permits in the 90s. The 2nd and 3rd floor units each 3 BR + Office 1 Bath and heat is provided by owner. Dishwashers in the 1st and 2nd floor units. The 2nd floor also has in-unit laundry. The fully fenced backyard oasis is professionally landscaped with many trees, shrubs and perennials, as well as a paved walkway and concrete patio adjacent to the charming 2-car brick garage. Tenants are family and close friends, on month to month. Rental potential with minimal updates are projected to be in the $90,000 range per year. Tenants and owners alike will enjoy unparalleled access to an array of renowned restaurants, bars, and entertainment venues, this property epitomizes the allure of city living. Don't miss this extraordinary chance to own a piece of Lakeview history while embracing a lucrative investment opportunity.

Listed by Deborah Hess for Compass | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Features & Information

Key Details

  • List Price $1,150,000
  • Property Taxes $21,048
  • Price/ Sq. Ft. Unavailable
  • Year Built 1891
  • Parking Type Garage
  • Buyer's Agent Commission 2.5%
  • Status Contingent

Rooms

  • Total Rooms 24
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2
  • # of Garage Spaces:  Garage Door Opener(s)

Building Information

  • Number of Units 3
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Foundation Brick,Stone
  • Heating & Cooling Gas, Forced Air, Hot Water/Steam
  • Units

  • Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave
  • Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher
  • Unit 3 Stove, Refrigerator

Location

  • County Cook
  • Township Lake View
  • Corporate Limits Chicago
  • Directions to Property Diversey Pkwy W To Racine N To Address
  • Schools

  • Elementary School District 299
  • School Name Harriet Tubman Elementary
  • Junior High District 299
  • School Name Harriet Tubman Elementary
  • High School District: 299
  • School Name Lincoln Park High School
  • Property Taxes

  • Tax 21048
  • Tax Year 2021
  • Tax Exemptions Homeowner
  • Parcel Identification Number 14292270050000

Utilities

  • Sewer Sewer-Publ

Explore Lakeview

Lakeview neighborhood covers the western half of Chicago's greater Lakeview area. Actually, a “lake view” is a little tough to come by here because the water's edge is a good 10 minute walk from the neighborhood's eastern border. That doesn't seem to bother anyone living in this exciting north side hotspot, though. Lakeview is packed with some of Chicago's best restaurants and a hip shopping district with cool fashions you won't find anywhere else in the city. For live music, Lakeview's roster of venues and concert halls tops that of any other area in Chicago. Bands travel from around the world to play shows here. Tiny, dives with a stage in the back of the bar are just as established in the music scene as balconied theaters that seat thousands. Entertainment in Lakeview is not limited to musical artists – there are a number of theatrical companies based in the neighborhood, too. Take your pick of comedy acts, avant-garde films, serious plays and original productions. Aside from being a hip Chicago destination, Lakeview is a sought-after place to buy real estate. The area's mid-rise condos and rehabbed walkups are among the most valuable properties in the city.

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