1003 S Racine AVE, Chicago, IL 60607
1003 S Racine AVE, Chicago, IL 60607
1003 S Racine AVE, Chicago, IL 60607
1003 S Racine AVE, Chicago, IL 60607
1003 S Racine AVE, Chicago, IL 60607
1003 S Racine AVE, Chicago, IL 60607
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Legacy Properties

Legacy Properties

+1(224) 999-9100
$ 749,000
Est. payment | /mo

3 Beds

3 Baths

1,742 Sqft Lot

Save
$ 749,000
Est. payment | /mo
Save

3 Beds

3 Baths

1,742 Sqft Lot

Open House

Sat Nov 07, 10:00am - 12:00pm

Sun Nov 08, 10:00am - 12:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12796205

Bedrooms 3

Year Built 1848

Annual Tax Amount $11,019

Tax Year 2023

Lot Size 1,742 Sqft

Lot Dimensions 1886

Property Sub-Type Two to Four Units

Property Description

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.First showings on Saturday November 7th.

Location

State IL

County Cook

Area Chi - Near West Side

Rooms

Basement None

Interior

Heating Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition Standard

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Cory Tanzer of  Option Premier LLC 

Nearby Locations

Legacy Properties

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois 60175, USA

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1003 S Racine AVE