1016 S Racine Avenue #201, Chicago, IL 60607
Local realty services provided by:Better Homes and Gardens Real Estate Connections



Listed by:amy duong
Office:compass
MLS#:12419839
Source:MLSNI
Price summary
- Price:$325,000
- Price per sq. ft.:$252.33
- Monthly HOA dues:$201
About this home
Welcome to 1016 S Racine Ave, Unit 201-a rare opportunity to own a true 3-bedroom, 2-bathroom condo in the heart of Little Italy. This meticulously maintained, bright, and spacious corner unit offers an open-concept layout with abundant natural light throughout. The kitchen features granite countertops and ample cabinet space, making it ideal for both everyday living and entertaining. The primary suite includes a private en-suite bathroom, while two additional bedrooms offer versatility for guests, family, or a home office-an uncommon find in this area. Additional highlights include in-unit laundry, central HVAC, access to a shared yard, and a garage parking spot (included). The unit is offered fully furnished, if desired-providing a turnkey opportunity for homeowners. Located just steps from Taylor Street, a lively corridor of cafes, Italian bakeries, and top-rated eateries, this home offers the perfect blend of neighborhood charm and urban convenience. Situated close to the vibrant University Village community, you'll benefit from a well-managed and efficient HOA, along with easy access to UIC's East and West campuses, the Rush Medical District, and the Blue Line at Racine-making it a breeze for commuters, students, and professionals. Don't miss this rare 3-bedroom gem in one of Chicago's most sought-after neighborhoods, full of culture, community, and character.This is an income-restricted City of Chicago Affordable Housing (TIF) unit. Buyer must be at or below 100% HUD household income guidelines and be approved by DOH staff prior to placing an offer. For a household of 1 person, the household gross income requirement cannot exceed $84,000; and for a household of 2 persons, the household gross income requirement cannot exceed $96,000. At time of closing, buyer must agree to sign an Affordable Housing Covenant and Agreement with resale restrictions.
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Home facts
- Year built:2006
- Listing Id #:12419839
- Added:22 day(s) ago
- Updated:August 13, 2025 at 10:47 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,288 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:2006
- Building area:1,288 sq. ft.
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$325,000
- Price per sq. ft.:$252.33
- Tax amount:$5,715 (2023)
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