One of the rarest kinds of opportunities in the market: A first generation 5,100 SF Lincoln Park Mansard Graystone in the absolute heart of the neighborhood. The building is currently configured as four apartments. Two 3bed/1bath units, an open 2/1 on the top floor and a non conforming 2/1 in the garden providing, with addition of the two car garage a total gross rent of $108,360/year. Keep as is, update the units for higher returns or turn into what could be the next great single family renovation in the neighborhood. High ceilings, side bays, huge original curved and leaded glass windows, original moldings and wood work and one of the best facades in the entire neighborhood. Right across the street from Trebes Park, in the Mayer School District and steps away from the tree lined streets and shops that make Lincoln Park, Lincoln Park. Truly a special opportunity at an exceptional price.
Multi-familyProperty Type
1878Year Built
3,224 sq ftLot Size
$315Est. Price/Sq.Ft.
2 car garageParking
Listed by Alexander Morsch• Cross Street Real Estate
Listed by Charlie Cohen• Cross Street Real Estate
Bought with Jamarber Luzaj• Area606 Properties, LLC
Source:MRED as Distributed by MLS Grid #11707044
Redfin Estimate
$1,607,131
$422K since sold in September 2023$3,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 34.2% lower than the average sale price ($2.44M) of 5 comparable homes.
Vintage building with a total of 4 units. All will need work. Newer brick two car garage in the rear with roof top deck.
10 years ago• May not reflect the current state of the home
Kevin Kurkjian
Redfin Associate agent • Agent
Sale history for 2246 N Racine Ave
Date
Event
Price
Public Records
Sep 26, 2023
Sold
$1,185,000
$232/sq ft
MRED as Distributed by MLS Grid #11707044
May 22, 2023
Sold (MLS) (Closed)
$1,185,000
$232/sq ft
May 4, 2023
Relisted (Contingent - Continue to Show)
—
Apr 17, 2023
Contingent (Contingent - Continue to Show)
—
Apr 17, 2023
Listing Removed
—
Mar 5, 2023
Relisted (Active)
—
Feb 10, 2023
Contingent (Contingent - Continue to Show)
—
Jan 25, 2023
Listed (Active)
$1,250,000
$245/sq ft
+11
One of the rarest kinds of opportunities in the market: A first generation 5,100 SF Lincoln Park Mansard Graystone in the absolute heart of the neighborhood. The building is currently configured as four apartments. Two 3bed/1bath units, an open 2/1 on the top floor and a non conforming 2/1 in the garden providing, with addition of the two car garage a total gross rent of $108,360/year. Keep as is, update the units for higher returns or turn into what could be the next great single family renovation in the neighborhood. High ceilings, side bays, huge original curved and leaded glass windows, original moldings and wood work and one of the best facades in the entire neighborhood. Right across the street from Trebes Park, in the Mayer School District and steps away from the tree lined streets and shops that make Lincoln Park, Lincoln Park. Truly a special opportunity at an exceptional price.
MRED as Distributed by MLS Grid #10963133
Apr 1, 2021
Listing Removed
—
MRED as Distributed by MLS Grid #10894533
Oct 30, 2020
Listing Removed
—
MRED as Distributed by MLS Grid #09693993
Dec 6, 2017
Sold (MLS) (Closed Sale)
$1,200,000
$235/sq ft
Nov 4, 2017
Contingent
—
Jul 18, 2017
Listed (New)
$1,249,000
$245/sq ft
MRED as Distributed by MLS Grid #09631776
Jul 5, 2017
Contingent
—
Jul 5, 2017
Listing Removed
—
MRED as Distributed by MLS Grid #09495277
May 9, 2017
Listing Removed
—
Apr 7, 2017
Contingent
—
MRED as Distributed by MLS Grid #09333599
Oct 3, 2016
Listing Removed
—
MRED as Distributed by MLS Grid #09152809
Sep 6, 2016
Listing Removed
—
Public Records
Aug 1, 2000
Sold
$912,500
$179/sq ft
Public Records
Dec 31, 1986
Sold
$268,000
$52/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$27,851 (+2.6%)
$49,972 + $86,028
$136,000
2022
$27,150 (+2.3%)
$40,300 + $91,700
$132,000
2021
$26,544 (+10.3%)
$40,300 + $91,700
$132,000
2020
$24,059 (−0.2%)
$35,464 + $72,536
$108,000
2019
$24,109 (+1.7%)
$35,464 + $84,536
$120,000
2018
$23,704 (−15.5%)
$35,464 + $84,536
$120,000
2017
$28,047 (+7.5%)
$29,016 + $101,272
$130,288
2016
$26,095 (+9.3%)
$29,016 + $101,272
$130,288
2015
$23,874 (+7.1%)
$29,016 + $101,272
$130,288
2014
$22,287 (+2.0%)
$22,568 + $97,554
$120,122
2013
$21,847 (+1.4%)
$22,568 + $97,554
$120,122
2012
$21,555
$22,568 + $97,554
$120,122
2011
$21,558 (−0.4%)
$24,180 + $108,855
$133,035
2010
$21,648 (+4.4%)
$24,180 + $108,855
$133,035
2009
$20,745 (+23.8%)
$24,180 + $108,855
$133,035
2008
$16,759 (+1.0%)
$19,344 + $97,486
$116,830
2007
$16,593
$19,344 + $97,486
$116,830
Tax history for 2246 N Racine Ave
Year
Property tax
Land + Additions
Assessment*
2023
$27,851 (+2.6%)
$49,972 + $86,028
$136,000
2022
$27,150 (+2.3%)
$40,300 + $91,700
$132,000
2021
$26,544 (+10.3%)
$40,300 + $91,700
$132,000
2020
$24,059 (−0.2%)
$35,464 + $72,536
$108,000
2019
$24,109 (+1.7%)
$35,464 + $84,536
$120,000
2018
$23,704 (−15.5%)
$35,464 + $84,536
$120,000
2017
$28,047 (+7.5%)
$29,016 + $101,272
$130,288
2016
$26,095 (+9.3%)
$29,016 + $101,272
$130,288
2015
$23,874 (+7.1%)
$29,016 + $101,272
$130,288
2014
$22,287 (+2.0%)
$22,568 + $97,554
$120,122
2013
$21,847 (+1.4%)
$22,568 + $97,554
$120,122
2012
$21,555
$22,568 + $97,554
$120,122
2011
$21,558 (−0.4%)
$24,180 + $108,855
$133,035
2010
$21,648 (+4.4%)
$24,180 + $108,855
$133,035
2009
$20,745 (+23.8%)
$24,180 + $108,855
$133,035
2008
$16,759 (+1.0%)
$19,344 + $97,486
$116,830
2007
$16,593
$19,344 + $97,486
$116,830
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RT-4
Residential Two-Flat, Townhouse and Multi-Unit District
The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service
Property details
Interior
Basement Information
Basement Finish: Bedroom
Basement Type: Full
Bathroom Information
# of Full Baths: 4
Heating & Cooling
Heating Type: Hot Water Steam
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Multi-Family
Exterior Wall: Masonry
Building Type: Residential
Property Information
Subdivision Name: WARDS
Living Sq. Ft: 5,107
# of Units: 4
# of Stories: 2
Stories Type: 2
Legal Description: GEORGE (WARDS) SUB OF BLK BLK 8 LOT 7
Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Detached Garage
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 3,224
Legal Lot Number: 6,7
Legal Block Number: 8
Acres: 0.074
Depth Footage: 124
Front Footage: 26
Zoning Code: 10
County Use Description: APARTMENTS 2-6
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 9
Baths: 4.0
Sq. Ft.: 5,107
Stories: 2.0
Lot Size: 3,224 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1878
Year Renovated: —
County: Cook County
APN: 14321130280000
Home facts updated by county records on Sep 14, 2026
Around this home
Schools
Mayer Elementary School
Public PreK-8 • Assigned • 0.1mi
10/10
Lincoln Park High School
Public 9-12 • Assigned • 0.7mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60614
Average low and high temperatures (°F)
31
17
39
25
54
36
61
45
67
52
81
65
86
72
81
68
78
63
68
53
52
40
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.53M – $1.85M
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