Absolutely stunning legal 3-unit on a 60 X 125 lot with a 3 car garage in Budlong Woods. First time on the market in 31 years. Extremely well maintained building with a tear off roof (2015), new individual boilers (2012), newer water heater (2012), and recent tuck-pointing (2020). All three units are spacious 3 bed/1 bath's with beautiful hardwood floors throughout, tall ceilings, and large bay windows. Third floor has an enormous balcony off of the kitchen and primary bedroom, second floor has a unique enclosed porch off of the kitchen and primary bedroom, and the first floor unit is above grade with an ample amount of sunlight. Coin laundry & income producing garage and driveway parking with demand in the neighborhood. This property is a MONEY MAKER! Rents for 3 bedrooms going for $1675-$1775 in the area. Endless options for the savvy investor or live in owner. 2624 W. Rascher (adjacent building) on the market as well!
Multi-familyProperty Type
7,500 sq ftLot Size
3 spacesParking
Listed by Kacia Snyder• Jameson Sotheby's Int'l Realty
6 years ago• May not reflect the current state of the home
Arta Zenullahi
Redfin Associate agent
Sale history for 2618 W Rascher Ave
Date
Event
Price
MRED as Distributed by MLS Grid #10862827
Apr 1, 2021
Sold (MLS) (Closed Sale)
$595,000
Sep 22, 2020
Pending (Contingent)
—
Sep 18, 2020
Listed (New)
$575,000
Year
Property tax
Land + Additions
Assessment*
2023
$12,554 (−11.5%)
$29,625 + $33,375
$63,000
2022
$14,192 (+2.3%)
$24,000 + $45,000
$69,000
2021
$13,875 (+40.1%)
$24,000 + $45,000
$69,000
2020
$9,901 (−2.4%)
$14,250 + $30,195
$44,445
2019
$10,147 (+1.7%)
$14,250 + $36,256
$50,506
2018
$9,977 (+16.5%)
$14,250 + $36,256
$50,506
2017
$8,563 (+2.8%)
$12,750 + $27,027
$39,777
2016
$8,328 (+0.9%)
$12,750 + $28,832
$41,582
2015
$8,254 (+10.0%)
$12,750 + $32,297
$45,047
2014
$7,507 (+2.0%)
$11,250 + $29,214
$40,464
2013
$7,359 (+1.3%)
$11,250 + $29,214
$40,464
2012
$7,261 (−6.1%)
$11,250 + $29,214
$40,464
2011
$7,730 (−0.4%)
$15,000 + $32,705
$47,705
2010
$7,763 (+4.4%)
$15,000 + $32,705
$47,705
2009
$7,439 (−6.7%)
$15,000 + $32,705
$47,705
2008
$7,972 (+1.0%)
$11,700 + $43,875
$55,575
2007
$7,893
$11,700 + $43,875
$55,575
Tax history for 2618 W Rascher Ave
Year
Property tax
Land + Additions
Assessment*
2023
$12,554 (−11.5%)
$29,625 + $33,375
$63,000
2022
$14,192 (+2.3%)
$24,000 + $45,000
$69,000
2021
$13,875 (+40.1%)
$24,000 + $45,000
$69,000
2020
$9,901 (−2.4%)
$14,250 + $30,195
$44,445
2019
$10,147 (+1.7%)
$14,250 + $36,256
$50,506
2018
$9,977 (+16.5%)
$14,250 + $36,256
$50,506
2017
$8,563 (+2.8%)
$12,750 + $27,027
$39,777
2016
$8,328 (+0.9%)
$12,750 + $28,832
$41,582
2015
$8,254 (+10.0%)
$12,750 + $32,297
$45,047
2014
$7,507 (+2.0%)
$11,250 + $29,214
$40,464
2013
$7,359 (+1.3%)
$11,250 + $29,214
$40,464
2012
$7,261 (−6.1%)
$11,250 + $29,214
$40,464
2011
$7,730 (−0.4%)
$15,000 + $32,705
$47,705
2010
$7,763 (+4.4%)
$15,000 + $32,705
$47,705
2009
$7,439 (−6.7%)
$15,000 + $32,705
$47,705
2008
$7,972 (+1.0%)
$11,700 + $43,875
$55,575
2007
$7,893
$11,700 + $43,875
$55,575
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
9
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
7,500
Year renovated
2021
Sq. Ft.
3,172
Year built
1942
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
13122110370000
Parking Spaces
3
Basement
No
Accessible
No
HOA Dues
—
Garage
Yes
Features
—
Last updated by owner on Nov 14, 2021.
RS-3
Residential Single-Unit (Detached House) District
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space
Property details
Parking
Parking Information
# of Cars: 3
# of Garage Spaces: 3
Garage Parking
Detached Garage
Garage On-Site
Owned Garage
Interior
Virtual Tour
Additional Media Type 1: Other Media
Bedroom Information
# of Bedrooms: 9
# of Bedrooms (Above Grade): 9
Bathroom Information
# of Baths (Full): 3
# of Baths (Full): 3
Additional Rooms Information
Enclosed Porch, Utility Room (1st Floor)
Heating & Cooling
Gas Heating
Multi-Family Information
3 Bedroom Unit(s) in Building
Unit 1 Information
# of Rooms: 6
# of Beds: 3
# of Baths (Full): 1
Floor #: 1
Stove, Refrigerator, Cooktop
Tenant Pays Electric, Tenant Pays Gas
Rent: $900
Security Deposit: $900
Lease Expiration Date: MTM
Unit 2 Information
# of Rooms: 7
# of Beds: 3
# of Baths (Full): 1
Floor #: 2
Stove, Refrigerator, Cooktop
Tenant Pays Electric, Tenant Pays Gas
Unit 3 Information
# of Rooms: 6
# of Beds: 3
# of Baths (Full): 1
Floor #: 3
Stove, Refrigerator, Cooktop
Tenant Pays Electric, Tenant Pays Gas
Exterior
Building Information
# of Units: 3
Built Before 1978
Brick Exterior
Flat Roof
Lot Information
Dimensions: 60 X125
Less Than .25 Acre
Property Information
# of Rooms: 19
Ownership: Fee Simple
Parcel Identification Number: 13122110370000
Financial
Financial Information
Tax: $10,147.25
Tax Year: 2019
Special Service Area: N
Finance Code: Conventional
Utilities
Utility Information
Water: Lake Michigan
Sewer (Public)
Location
School Information
Elementary School District: 299
Junior High District: 299
High School District: 299
Location Information
Township: North Chicago
Corporate Limits: Chicago
Directions: North on Washtenaw, East on Rascher
Public facts
Beds: 9
Baths: 3.0
Sq. Ft.: 3,172
Stories: 2.0
Parking Spaces: 3
Basement: No
Accessible: No
Lot Size: 7,500 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1942
Year Renovated: 2021
County: Cook County
APN: 13122110370000
HOA Dues: —
Garage: Yes
Features: —
Home facts updated by owner on Nov 14, 2021
Other
Listing Information
Possession: Closing
Holds Earnest Money: Yes
Seller Concessions: Yes
Seller Concessions Amount/Points: 12500
Around this home
Schools
Jamieson Elementary School
Public PreK-8 • Assigned • 0.4mi
6/10
Mather High School
Public 9-12 • Assigned • 0.6mi
2/10
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, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60625
Average low and high temperatures (°F)
31
17
39
25
55
35
62
44
68
50
83
64
87
70
83
67
80
61
69
52
52
39
38
25
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
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