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$400,000
150 Days Online

15 S Racine Avenue #1N
Chicago, IL 60607

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
1,150
SqFt
$348
/SqFt
2009
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Quest Realty Group LLC
Call Now: 312-766-7076
Is this the home for you? We can help make it yours.
312-766-7076
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ZERO LANDLORD RESPONSIBILITY AND 0% SELLER FINANCED OPPORTUNITY IN ULTRA PRIME WEST LOOP. JUST SOUTH OF MADISON/RACINE STOPLIGHT INTERSECTION. 6.72% CAP W/22.2% LEVERED ANNUAL RETURN DURING 0% SELLER FINANCING PERIOD. ***$400K PURCHASE PRICE, $100K DOWN, $300K SELLER FINANCED FOR 0% FOR 30 MONTHS***NOI OF $24, 016. AT THE END OF 30 MONTHS, BALANCE WOULD BE ROUGHLY $244, 500 & SELLER WILL CONTINUE TO CARRY FINANCING AT 6% BEYOND THE 30 MONTH PERIOD. SELLER WILL CONTINUE TO MANAGE, ERGO ZERO LANDLORD RESPONSIBILITY. REAL ESTATE OFFICE HAS OCCUPIED THE SPACE FOR 11+ YEARS. OTHER SPACES AVAILABLE WITH SIMILAR TERMS IN WEST LOOP, WICKER PARK & LAKEVIEW. TENANT PAYS ALL UTILITIES AND THEY ARE SEPARATELY METERED FOR THE SPACE.

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Listing Snapshot
Price 
$400,000
Days Online 
150 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,150 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2009
MLS Number 
11348085
Status 
Active
Property Tax 
$7,164
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoListing updated with changes from the MLS
5 months agoListing first seen online
General Features
Parking Spaces 
0
Electric 
Circuit Breakers
Number of Stories 
1
Number Of Stories 
1
Parking Total 
0
Interior Features
Cooling 
Central Air
Flooring 
Wood
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Community Features
MLS Area 
CHI - Near West Side
Listing Courtesy of MRED as distributed by MLS Grid of Quest Realty Group LLC



Based on information submitted to the MLS GRID as of 2022-08-13 12:00 AM UTC. 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.
Data last updated: 2022-08-13 12:00 AM UTC
MRED DMCA Copyright Information Copyright © 2022 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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