For Sale
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Multi family home for sale at 1003 S Racine Ave, Chicago, IL 60607 | MLS# 12796205 | Listing updated on 2026-10-29
Photo 1 of Multi family home for sale at 1003 S Racine Ave, Chicago, IL 60607 | MLS# 12796205 | Listing updated on 2026-10-29
Photo 2 of Multi family home for sale at 1003 S Racine Ave, Chicago, IL 60607 | MLS# 12796205 | Listing updated on 2026-10-29
Photo 3 of Multi family home for sale at 1003 S Racine Ave, Chicago, IL 60607 | MLS# 12796205 | Listing updated on 2026-10-29
Photo 4 of Multi family home for sale at 1003 S Racine Ave, Chicago, IL 60607 | MLS# 12796205 | Listing updated on 2026-10-29
12+
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Street View

$749,000

Monthly Est:$3,728

  • Beds Icon3 Beds
  • Beds Icon
    3 Baths
  • Beds Icon--sqft

1003 S Racine Ave, Chicago, IL 60607

$3,728/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1848

  • $-- HOA

  • -- sqft lot

  • --/sqft

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: 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 investment or an owner-occupant opportunity with supplemental income, 1003 S Racine Ave offers the perfect combination of location, lifestyle, and income-producing potential.

  • Houzeo last checked: 7 hours ago
  • Listing updated: October 29, 2026 at 1:49 am
  • Listing Provided by: Cory Tanzer | Option Premier LLC (312) 500-5808
  • Source: MRED MLS-IL | MLS#: 12796205 MRED MLS-IL

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Cook County

  • City

    Chicago

  • Neighborhood

    Near West Side

  • Year Built

    1848

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12796205

  • MLS Status

    New

  • Days on Market

    1

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 3

Interior

  • Heating

    Gas

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1848

  • Home type

    Multi Family

  • Construction Materials

    Brick

Utilities & Energy

  • Water Source

    Public

  • Basement

    None

  • Parking Features

    Yes, Other

Price History

DateEventPrice

10/29/2026

Source: mls_logoMRED MLS-IL #MRD12796205

Listed for Sale

$749,000

$0/sqft

This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 29, 2026, 06:30AM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Oct 29, 2026, 06:30AM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

Advertising Broker: Jorge Romero | Realty One Group Inc.

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