for sale | multifamily€¦ · cross streets: racine & oakdale property highlights • aaa+...
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FOR SALE | MULTIFAMILY
JASON P. HILLER (P) 773.412.3899 jhiller@jameson.com
2943 N. RACINE AVE. > $759,000
2943 N. RACINE AVE.
FOR SALE | MULTIFAMILY
JAMESONCOMMERCIAL.COM
JASON P. HILLERReal Estate Sales & Development
(P) 773.412.3899jhiller@jameson.com
SALE OVERVIEW
SALE PRICE: $759,000
LOT SIZE: 2,760 SF
BUILDING SIZE: 4,600 SF
YEAR BUILT: 1896
ZONING: RS-3
CROSS STREETS: Racine & Oakdale
PROPERTY HIGHLIGHTS
• AAA+ Lakeview location
• 100% leased for 10+ years w/ zerovacancy
• Top floor 3BD/2BTH duplex-up w/ mastersuite
• Extremely Rare 3-unit under $800k
• 5 minute walk to Wellington ‘L’, 10-min toBelmont
• 15-20 minute walk to DePaul
PROPERTY DESCRIPTION
ATTN INVESTORS! Well maintained 2-flat + garden unit inAAA+ Lakeview location ideal for renters or convert to SFH.Features top floor 3BD/2BTH duplex-up with master suite; 1stfloor 2BD/1BTH and 1BD/1BTH Garden unit. Spacious FloorPlans with improvements throughout – HDWD Floors, NewerBaths/Kitchen, Mechanicals and Roof within last 5-years.Solid Building w/great tenants & strong income. All 3 unitshave been fully leased for 10+ years, with zero vacancy.Easy to rent. 2-Car Garage + Rear Garden.
UNITNUMBER
UNITBED
UNITBATH
LEASESTART
LEASEEND
CURRENTRENT
GRDN 1 1 7/1/2018 6/30/2019 $1,125
1 - 1st Floor 2 1 8/1/2018 7/31/2019 $1,750
2 - Duplex-up 3 2 7/1/2018 6/30/2019 $2,700
Totals/Averages
$5,575
Notes:
JASON P. HILLERReal Estate Sales & Development
(P) 773.412.3899jhiller@jameson.com
425 West North Avenue | Chicago, IL 60610jamesoncommercial.com
JAMESON COMMERCIAL REAL ESTATE
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.
RENT ROLL
RENT ROLL2943 N. RACINE AVE.CHICAGO, IL 60657
ADDITIONAL PHOTOS2943 N. RACINE AVE.CHICAGO, IL 60657
JASON P. HILLERReal Estate Sales & Development
(P) 773.412.3899jhiller@jameson.com
425 West North Avenue | Chicago, IL 60610jamesoncommercial.com
JAMESON COMMERCIAL REAL ESTATE
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.
ADDITIONAL PHOTOS2943 N. RACINE AVE.CHICAGO, IL 60657
JASON P. HILLERReal Estate Sales & Development
(P) 773.412.3899jhiller@jameson.com
425 West North Avenue | Chicago, IL 60610jamesoncommercial.com
JAMESON COMMERCIAL REAL ESTATE
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.
ADDITIONAL PHOTOS2943 N. RACINE AVE.CHICAGO, IL 60657
JASON P. HILLERReal Estate Sales & Development
(P) 773.412.3899jhiller@jameson.com
425 West North Avenue | Chicago, IL 60610jamesoncommercial.com
JAMESON COMMERCIAL REAL ESTATE
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.
ADDITIONAL PHOTOS2943 N. RACINE AVE.CHICAGO, IL 60657
JASON P. HILLERReal Estate Sales & Development
(P) 773.412.3899jhiller@jameson.com
425 West North Avenue | Chicago, IL 60610jamesoncommercial.com
JAMESON COMMERCIAL REAL ESTATE
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.
ADDITIONAL PHOTOS2943 N. RACINE AVE.CHICAGO, IL 60657
JASON P. HILLERReal Estate Sales & Development
(P) 773.412.3899jhiller@jameson.com
425 West North Avenue | Chicago, IL 60610jamesoncommercial.com
JAMESON COMMERCIAL REAL ESTATE
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.
ADDITIONAL PHOTOS2943 N. RACINE AVE.CHICAGO, IL 60657
JASON P. HILLERReal Estate Sales & Development
(P) 773.412.3899jhiller@jameson.com
425 West North Avenue | Chicago, IL 60610jamesoncommercial.com
JAMESON COMMERCIAL REAL ESTATE
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.
ADDITIONAL PHOTOS2943 N. RACINE AVE.CHICAGO, IL 60657
JASON P. HILLERReal Estate Sales & Development
(P) 773.412.3899jhiller@jameson.com
425 West North Avenue | Chicago, IL 60610jamesoncommercial.com
JAMESON COMMERCIAL REAL ESTATE
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.
FLOOR PLAN2943 N. RACINE AVE.CHICAGO, IL 60657
JASON P. HILLERReal Estate Sales & Development
(P) 773.412.3899jhiller@jameson.com
425 West North Avenue | Chicago, IL 60610jamesoncommercial.com
JAMESON COMMERCIAL REAL ESTATE
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.
SURVEY2943 N. RACINE AVE.CHICAGO, IL 60657
JASON P. HILLERReal Estate Sales & Development
(P) 773.412.3899jhiller@jameson.com
425 West North Avenue | Chicago, IL 60610jamesoncommercial.com
JAMESON COMMERCIAL REAL ESTATE
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.
AERIAL & STREET DETAIL2943 N. RACINE AVE.CHICAGO, IL 60657
JASON P. HILLERReal Estate Sales & Development
(P) 773.412.3899jhiller@jameson.com
425 West North Avenue | Chicago, IL 60610jamesoncommercial.com
JAMESON COMMERCIAL REAL ESTATE
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.
DEMOGRAPHICS MAP2943 N. RACINE AVE.CHICAGO, IL 60657
JASON P. HILLERReal Estate Sales & Development
(P) 773.412.3899jhiller@jameson.com
425 West North Avenue | Chicago, IL 60610jamesoncommercial.com
JAMESON COMMERCIAL REAL ESTATE
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.
2010 STATISTICS 0.25 Miles 0.5 Miles 1 Mile
Total Population 6,168 22,399 81,767
Total Number of Households 2,683 10,174 38,016
Average Household Income $148,214 $142,305 $132,938
Median Age 29.3 29.6 29.2
DEMOGRAPHICS 0.25 Miles 0.5 Miles 1 Mile
TOTAL POPULATION 6,168 22,399 81,767
MEDIAN AGE 29.3 29.6 29.2
MEDIAN AGE (MALE) 29.1 29.7 29.7
MEDIAN AGE (FEMALE) 29.3 29.7 28.7
TOTAL HOUSEHOLDS 0.25 Miles 0.5 Miles 1 Mile
TOTAL HOUSEHOLDS 2,683 10,174 38,016
# OF PERSONS PER HH 2.3 2.2 2.2
AVERAGE HH INCOME $148,214 $142,305 $132,938
AVERAGE HOUSE VALUE $636,278 $648,531 $646,323
POPULATION 0.25 Miles 0.5 Miles 1 Mile
TOTAL POPULATION - White 5,537 20,209 71,827
TOTAL POPULATION - Black 205 644 2,139
TOTAL POPULATION - Hispanic 610 1,782 6,229
TOTAL POPULATION - Asian 217 781 4,247
TOTAL POPULATION - Hawaiian 0 1 31
TOTAL POPULATION - Indian 1 33 98
TOTAL POPULATION - Other 125 397 2,017
DEMOGRAPHICS REPORT2943 N. RACINE AVE.CHICAGO, IL 60657
JASON P. HILLERReal Estate Sales & Development
(P) 773.412.3899jhiller@jameson.com
425 West North Avenue | Chicago, IL 60610jamesoncommercial.com
JAMESON COMMERCIAL REAL ESTATE
©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.
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