1016 S Racine Chicago, IL 60607

  • $325,000
  • Sold Date: 01-01-70

1016 S Racine Chicago, IL 60607
Contingent
1016 S Racine Chicago, IL 60607
1016 S Racine Chicago, IL 60607
  • $325,000
  • Sold Date: 01-01-70

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.

  • Listing Courtesy of: Compass

Details

Updated on August 26, 2025 at 11:49 am
  • Property ID: MRD12419839
  • Price: $325,000
  • Property Size: 1288 Sq Ft
  • Bedrooms: 3
  • Bathrooms: 2
  • Year Built: 2006
  • Property Type: Condo
  • Property Status: Contingent
  • HOA Fees: 201
  • Parking Total: 1
  • Parcel Number: 17173340454003
  • Water Source: Lake Michigan
  • Sewer: Public Sewer
  • Buyer Agent MLS Id: MRD1012074
  • Days On Market: 35
  • Purchase Contract Date: 2025-08-15
  • Basement Bath(s): No
  • Cumulative Days On Market: 35
  • Tax Annual Amount: 476.27
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Asoc. Provides: Water,Insurance,Exterior Maintenance,Lawn Care,Scavenger,Snow Removal
  • Appliances: Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer,Range Hood
  • Parking Features: Garage Door Opener,On Site,Detached,Garage
  • Room Type: Storage
  • Directions: TAYLOR ST EAST OR WEST OT RACINE S TO PROPERTY
  • Buyer Office MLS ID: MRD17665
  • Association Fee Frequency: Not Required
  • Living Area Source: Estimated
  • Township: South Chicago
  • ConstructionMaterials: Brick
  • Contingency: Attorney/Inspection
  • Interior Features: Open Floorplan,Dining Combo
  • Asoc. Billed: Not Required
  • Address 1016 S Racine
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60607
  • Country Cook

Overview

Property ID: MRD12419839
  • Condo
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1288
  • Sq Ft
  • 2006
  • Year Built

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