3223 N Racine Ave #1

Lake View, Chicago, IL · 1 days on market · View on Zillow

3223 N Racine Ave #1

$820K somewhere else buys…

3 bedrooms · 3 baths · 2,300 sqft

Built 2000 · 1 Parking space · $356/sqft (city median $240)

Rare 3 BR duplex in the heart of Lakeview! The only duplex in an intimate 3 unit building, offering two full levels and single family living with condo simplicity. Renovated kitchen features Sunridge Oak flat panel cabinetry, quartz counters, veined tile backsplash, stainless appliances w/ gas range, under cabinet lighting & a peninsula seating 3. Original hardwood floors throughout.

What this place offers

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • 1 Parking space
  • Top school rating 8/10 nearby
  • HOA $290 monthly

The numbers

$16K/yr

Property tax (actual rate)

$3K/yr

Insurance (quoted)

Price history

2001$428,500
2003$475,000
2012$475,000
2026 (asking)$819,900

Up 91% since 2001

$819,900

Down payment20% · $163,980
%
Mortgage (principal + interest)$4,103
Property tax$1,360
Home insurance$246
HOA / maintenance$290
All-in monthly$5,998/mo

You'd need about $257,077/yr in household income (28% rule) plus $163,980 in cash.

Would rent for ~$4,100/mo · 6.0% gross yield

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