Closed

$1,100,000

2123-25 Race Avenue, Chicago, IL 60612
6 Beds4 Baths14 days
2123-25 Race Avenue·Chicago, IL 60612
6Bedrooms
4Bathrooms
About This Home

A unique opportunity for investors and owner occupants seeking both stability and future growth. This well-maintained three flat sits proudly on a double lot with two PINs in the heart of West Town's East Ukrainian Village, a neighborhood known for its treelined streets, historic homes, and strong community character. The property provides immediate income from long-term tenants whose rents are significantly below current market levels, offering meaningful value and potential. The top floor residence features three bedrooms, two bathrooms, hardwood flooring throughout most of the unit, two carpeted bedrooms, in-unit washer and dryer, HVAC approximately five years old, and a private deck. The first floor unit includes two bedrooms, one bathroom, and hardwood floors throughout. The garden unit offers one bedroom, a walk-in closet, tile flooring, and a furnace approximately five years old, with the lease expiring August 31, 2026. Both the first floor and second floor units are rented month-to-month, providing flexibility for future plans. A shared laundry area with one washer and one dryer serves two units, and the property includes a two car garage plus ample additional parking. With its strong rental history, below market rents, and prime East Ukrainian Village location, this multiunit presents a compelling opportunity to modernize interiors, reposition rents, or explore redevelopment options made possible by the oversized lot. It blends residential charm with everyday convenience in one of Chicago's most desirable near west neighborhoods.

MLS# 12695664Listed July 7, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms4
Total Rooms14

Size & Structure

Garage Spaces2
Lot Size50X91

Location

CountyCook
TownshipWest Chicago
Zip Code60612

Financial

List Price$1,100,000
Annual Taxes (2024)$18,594
Monthly Tax Est.$1,550
Parcel #17071230150000
Interior Features

Heating

Natural GasForced AirSpace Heater

Basement

FinishedFull
Exterior & Lot

Construction

Vinyl SidingBrickFrame
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesGarage OwnedAttachedGarage
Tax & Financial
Annual Taxes
$18,594
Tax Year 2024
Monthly Tax Est.
$1,550
per month
Property Location

2123-25 Race Avenue, Chicago, IL 60612 — Cook County

$1,100,000
2123-25 Race Avenue
6 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
14 days on market
2-car garage
50X91
$18,594/yr taxes
$7,330
estimated monthly payment
Principal & Interest
$5,781/mo
Property Tax
$1,550/mo
$1,100,000
20% — $220,000
3%50%
6.875%
3%12%
Loan Amount
$880,000
Down Payment
$220,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: Olya Ellis
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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