1016 Racine Avenue, Near West Side, Chicago, Illinois 60607
$325,000
|
For Sale
|
|
| Status: | Contingent |
| Sqft: | 1,288 |
| Cost/Sqft: | $252 |
| Beds: | 3 |
| Baths: | 2 |
| Year Built: | 2006 |
| Property Taxes: | $5,715 |
| Days On Market: | 48 |
| Lot Size: | 0,00 |
Description
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.
Property Specifics
| Condos/Townhomes | |
| 3 | |
| — | |
| 2006 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| 201 / Monthly | |
| — | |
| — | |
| — | |
| 12419839 | |
| 17173340454003 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 26 Sep, 2022 | Listed for sale | $339,900 | MRED MLS |
| 15 Aug, 2025 | Under contract | $325,000 | MRED MLS |
| 22 Jul, 2025 | Listed for sale | $325,000 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 1 | |
| — | |
| — | |
| — | |
| — | |
| COMMON | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2022 | $3,039 |
| 2025 | $5,715 |
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