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1003 S Racine Avenue, Chicago, IL 60607

Chicago
Local realty services provided by:CENTURY 21 Broughton Team
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: Unit 1 is a garden unit currently leased through 04/30/2027 at $1,825/month. Unit 2 is a vacant middle-floor unit with a market rent of $2,150/month and includes an assigned parking space. Unit 3 is a vacant top-floor unit with a market 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...

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Home facts

  • Year built:1848
  • Listing ID #:12796205
  • Updated:October 29, 2026 at 04:41 AM

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

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$749,000
  • Tax amount:$11,019 (2023)

Parking

  • Total parking spaces:2
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Barbara K. Broughton

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