Three-Unit Triplex with
For Sale
Contact for pricing
Pending
2937 N Racine Ave, Chicago, IL 60657
Fully leased multifamily property with distinct layouts, a rear garden, and attached garage parking.
Property SizeContact for details
Days on Market146
Property Features for 2937 N Racine Ave
General Information
Standard status
Pending
Total Parking Spaces
2
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
1 x 4BR/3BA, 1 x 2BR/1BA+den, 1 x 2BR/1BA
Multifamily Units
3
Additional Details
Cap Rate
6.4%
Amenities
rear garden
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Jameson Commercial Real Estate
Listed By:
Jason Hiller · License #IL 475158547
(773) 412-3899
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Sep 3 at 6:43AM
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 Jameson Commercial Real Estate
Investment Insights
Based on property information with market context.
This three-unit triplex at 2937 N Racine Ave offers a varied residential configuration across its floors. The top level is a 4bd/3bth duplex-up with a master suite. The first floor includes a 2bd/1bth residence with a study/den, while the garden unit provides an additional 2bd/1bth layout. Improvements have been made throughout the building, and the property includes a 2-car garage and rear garden.
All three units have remained fully leased for 15+ years, with zero vacancy during that period. The property is located in Chicago’s Lakeview area and is presented as a residential income asset with a 6.4% cap rate.
All three units have remained fully leased for 15+ years, with zero vacancy during that period. The property is located in Chicago’s Lakeview area and is presented as a residential income asset with a 6.4% cap rate.
Key Highlights
- Three‑unit triplex with 4bd/3bth, 2bd/1bth, and 2bd/1bth layouts
- Top‑floor 4bd/3bth duplex‑up includes a master suite
- First‑floor 2bd/1bth unit has a study/den
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,749
Businesses Nearby
Explore this area
Business Placement
Demographics for 60657, IL
72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Fully leased multifamily property with distinct layouts, a rear garden, and attached garage parking.
Where is this triplex located?
The property is located at 2937 N Racine Ave Chicago, IL.
What are key features of this property?
This property features: Three‑unit triplex with 4bd/3bth, 2bd/1bth, and 2bd/1bth layouts; Top‑floor 4bd/3bth duplex‑up includes a master suite; First‑floor 2bd/1bth unit has a study/den
