3711 North Racine Avenue
Closed
Lake View
$1,595,000
Whether you’re considering selling or buying a multi-family property, the time is ripe for action.. Buyers can unlock New Opportunities with as low as 5% down (owner occupy) with the changing landscape in the multi-family space as the recent decision by Fannie Mae and Freddie Mac to lower the required down payment for owner-occupant purchases. The down payment requirement has dropped from 15%-25% to an astonishingly low 5% for 2-4 unit properties. This move has opened the doors for new buyers, creating a surge in demand for multi-family units in Chicago. Sellers looking to exit could be in a great position with this increased demand.
Property Type
Bedrooms
10
Bathrooms
8
Half Baths
0
Square Footage
4,870
Unit Count
3
Year Built
1906
Neighborhood
Lake View
Multi Family
Property Details
Listing Agent:
Jason Rowland
312.927.1942
Pristine 2018 Gut Renovation legal three-flat in Wrigleyville. Each apartment has been meticulously renovated and offers complete Hardwood floorplans, black stainless steel appliances, soft close cabinets, and quartz countertops. This all-masonry building combines ten beds and eight full baths between a duplex down 1st-floor apartment and simplex 2nd and 3rd-floor apartments. Spacious outdoor space in the rear for all three apartments. All appliances, mechanicals, roof, and windows are 2018 installed- tuckpointing on the Parapet wall in 2022. A short walk to lifestyle options, grocery, transportation, and all Wrigleyville and Southport Corridor offers.