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2943 N Racine Ave, Chicago, IL, 60657
Three-Unit Income Triplex

2943 N Racine Ave Chicago, IL 60657

For Sale
Contact for pricing
Pending

Well-maintained 3-flat with a newly rehabbed 2020 duplex-up top unit and long-term fully leased history.

Days on Market107

Property Features for 2943 N Racine Ave

General Information

Standard status
Pending
Property subtype
Multifamily
Listing Agency: Jameson Commercial Real Estate
Listed By: Jason Hiller · License #IL 475158547
Source: Crexi
Added: Apr 10 Changed: Jul 21 Last Checked: Jul 24 at 6:27PM

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 well-maintained 3-flat (triplex) offers three income-producing units with a mix of vintage and modern updates. The top floor features a newly gut-rehabbed (2020) 3-bedroom, 2-bath duplex-up with all-new appliances, HVAC, and kitchen and bathroom improvements. Additional updates include hardwood flooring, newer baths and kitchen elements, and improved mechanicals across the building.

The property is located at 2943 N. Racine Ave in Chicago, IL 60657. Exterior improvements include a newly paved (2019) rear patio and side breezeway, along with a newly built (2019) 2-car detached garage, with parking included in rents.

All three units have been fully leased for 10+ years, with zero vacancy and minimal marketing effort, supported by a structural engineer-approved building and an excellent tenant history.

Key Highlights

  • Well‑maintained 3‑flat with newly gut‑rehabbed 2020 duplex‑up top unit (3bd/2bth) with all new appliances
  • 2020 updates include new HVAC and new kitchen and baths in the top unit
  • All 3 units have been fully leased for 10+ years with zero vacancy and minimal marketing effort

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Food Market Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store Coworking & Hybrid Office Butcher HVAC Service Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Well-maintained 3-flat with a newly rehabbed 2020 duplex-up top unit and long-term fully leased history.
Where is this triplex located?
The property is located at 2943 N Racine Ave Chicago, IL.
What are key features of this property?
This property features: Well‑maintained 3‑flat with newly gut‑rehabbed 2020 duplex‑up top unit (3bd/2bth) with all new appliances; 2020 updates include new HVAC and new kitchen and baths in the top unit; All 3 units have been fully leased for 10+ years with zero vacancy and minimal marketing effort
(773) 412-3899 Call to check price and availability
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