2123-25 W Race Ave

Chicago, IL 60612
  • $1,100,000

    Price
  • 6

    Bed
  • 4

    Bath
  • 0

    SqFt

About the Listing 26920 - 249728,880580

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.

Listing Highlights

Status Pending
Days on Site 8
Property Type Multi-Family
MLS ® 12695664
Year Built
Total Square Footage 0
Lot/Acreage 50X91
County Cook
School District 299

Interior Details

  • Bedrooms: 6
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Forced Air,Space Heater
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 50X91
  • Zoning: SINGL
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Garage Owned,Attached,Garage

Financial Details

  • Tax Amount: $18,594
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 17071230150000
  • Tax Year: 2024

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

2123-25 W Race Ave Chicago, IL 60612

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: mred

Agent profile image in chat bubble
Agent profile image in chat header

Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

Agent profile image in message

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way