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Renovated Five-Unit Greystone

2129 N Racine Avenue, Chicago, IL 60614

For Sale
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Pending

Fully gut-rehabbed five-unit Greystone with in-unit laundry, individual HVAC, and separate hot water heaters.

Property SizeContact for details
Days on Market166

Property Features for 2129 N Racine Avenue

General Information

Standard status Pending
Property subtype Multifamily
Zoning MULTI

Site & Location

Neighborhood Bucktown

Additional Details

Multifamily Units 5

Amenities

quartz countertops
in-unit laundry
individual HVAC systems
separate hot water heaters

Building Details

Year Built 1900
Year Renovated 2016
Stories 3
Units 5
Tenancy Multi
Listing Agency: Star Realty & Management
Listed By: Tyler Weekes · License #475174404
Source: Crexi
Added: May 26 Changed: Oct 25 Last Checked: Nov 6 at 6:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Star Realty & Management

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Investment Insights

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Fully renovated five-unit Greystone property featuring a three-unit front building and a two-unit coach house. The gut rehabilitation was completed in 2016 down to the studs, with updated building systems and finishes throughout. Units include quartz countertops, in-unit laundry, individual HVAC systems, and separate hot water heaters, supporting modern, efficient day-to-day living.

Located on N Racine Avenue in Chicago’s Lincoln Park neighborhood, the property is positioned within walking distance of neighborhood retail, public transportation, and the lakefront.

Current occupancy includes a lease for the first-floor coach house expiring at the end of July. All other units are leased with terms extending through summer 2027.

Key Highlights

  • Fully gut‑rehabbed five‑unit Greystone (2016) with a three‑unit front building and two‑unit coach house
  • Unit mix includes spacious 2-, 3-, and 4‑bedroom apartments
  • 2016 renovation features quartz countertops and in‑unit laundry in all units

Property Analytics

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Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,126
Businesses Nearby

Demographics for 60614, IL

73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Apartment buildings in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Fully gut-rehabbed five-unit Greystone with in-unit laundry, individual HVAC, and separate hot water heaters.
Where is this apartment building located?
The property is located at 2129 N Racine Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Fully gut‑rehabbed five‑unit Greystone (2016) with a three‑unit front building and two‑unit coach house; Unit mix includes spacious 2-, 3-, and 4‑bedroom apartments; 2016 renovation features quartz countertops and in‑unit laundry in all units
(708) 400-0171 Call to check price and availability
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