1003 S Racine Avenue, Chicago, IL 60607
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
1003 S Racine Avenue,Chicago, IL 60607
$749,000
- 3 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: cory tanzer
Office: option premier llc.
MLS#:12796205
Source:MLSNI
Price summary
- Price:$749,000
About this home
Exceptional investment opportunity in the heart of Chicago's University Village - Little Italy neighborhood! This well-maintained multifamily property blends historic character with modern convenience, offering spacious living areas and timeless architectural appeal. The building features three units with strong rental potential: All unit are currently rented. Unit 1 is a garden unit at $1,825/month. Unit 2 is a middle-floor unit with a rent of $2,150/month and includes an assigned parking space. Unit 3 is a top-floor unit with a rent of $2,250/month and includes an assigned parking space. Total projected monthly rental income is $6,225. Ideally situated just steps from the vibrant dining, cafes, and shops along Taylor Street, with nearby green spaces including Arrigo Park and Sheridan Park. Excellent transportation options include CTA Blue Line access, bus routes, and convenient connections to major expressways. Whether you're seeking a turnkey investment or an owner-occupant opportunity with supplemental income, 1003 S Racine Ave offers the perfect combination of location, lifestyle, and income-producing potential....
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Home facts
- Year built:1848
- Listing ID #:12796205
- Updated:October 30, 2026 at 12:10 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:10
Heating and cooling
- Heating:Gas
Structure and exterior
- Year built:1848
- Lot area:0.04 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$749,000
- Tax amount:$11,019 (2023)
Parking
- Total parking spaces:2
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