2001 W Race Avenue Chicago, IL $ 3,800,000
2001 W Race Avenue
$ 3,800,000
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2001 W Race Avenue

Chicago, IL, 60612
$ 3,800,000
Baths0.0

Monthly Estimate*

$ 22,758

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Studio

Commercial Property for sale in Chicago, IL

for $3,800,000. This building was built in 2005.

Great opportunity to add a multi use building to your real estate portfolio. 6 apartment units updated in 2013. Three units are 3 Bed 2 bath, and three units are 2 Bed 2 bath. The top floor units have beautiful skyline views and access to a rooftop deck. All units have hardwood floors, updated kitchens with quartz counters and stainless steel appliances, in unit washers and dryers. The main floor is an open retail space currently leased into Feb 2026.

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Commercial Active

Price

$ 3,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 30,870

Style

Year Built

2005

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12165140

Features
General
Cooling Central Air
Possession Closing
Year Built 2005
Electric Service - 101 to 200 Amps
Tenant Pays Varies by Tenant
Stories 4
Township West Chicago
Property SubType Apts/Ofc Ofc/Store
Tax Year 2023
Gross Income 284600
County Cook
Operating Expense 105682
Insurance Expense 14903
Property Type Commercial Sale Mixed Use
Status New
Directions corner of Race and Damen
City Chicago
NumberOfUnitsTotal 7
MLS Area CHI - West Town
Lot Size Square Feet 0
Tax Annual Amount 30870
Electric Expense 1740
Fuel Expense 0
Trash Expense 6000
Water Sewer Expense 1862
Additional Parcels Y/N Y
Days on Market 2
Standard Status Active
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Interior
Flooring Wood
Total Fireplaces 0
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Exterior
Lot Dimensions 48X92
Exterior Brick
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* Excluded Features
List By
Homesmart Connect Llc

Broker

gbern1313@att.net

Email

Affordability Calculator

$25,331
Per Month
90%
10%
0%
Monthly Principal & Interest
$22,758
Monthly Property Taxes
$2,573
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2024$3,800,000 Listed Price

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2001 W Race Avenue, Chicago, IL, 60612 is a Commercial Property for sale at $3,800,000. 2001 W Race Avenue is a studio with 0.0 baths and was built in 2005. The property's zip code is 60612 which is in Chicago, IL