Chicago, IL 60607 1016 S Racine Avenue # 201

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Presented By: Compass
  • MLS# 12419839
  • 07/22/2025
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 2
  • SQFT • 1,288
  • Garage • 1

Home Details

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.
Presented By: Compass

Interior Features for 1016 S Racine Avenue # 201

Bedrooms

Bedrooms Possible3
Total Bedrooms3

Bathrooms

Half Baths0
Total Baths2

Other Interior Features

LivingAreaSourceEstimated
BasementNone
Interior AmenitiesOpen Floorplan, Dining Combo
Laundry FeaturesWasher Hookup, In Unit, Laundry Closet
Total Number of Units6
Total Stories3

Other Rooms

Room TypeStorage

General for 1016 S Racine Avenue # 201

AppliancesRange, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
Assoc Fee Paid PerMonthly
Association Fee IncludesWater, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air
CountyCook
DirectionsTAYLOR ST EAST OR WEST OT RACINE S TO PROPERTY
ElectricCircuit Breakers
Elementary School District299
Full Baths2
Garage Spaces1
HOA Fee$201
HeatingNatural Gas, Forced Air
High School District299
Living Area1288
MLS AreaCHI - Near West Side
MRD_CAN_OWNER_RENTYes
Middle/Junior School District299
ModificationTimestamp2025-08-25T22:06:02.052Z
New ConstructionNo
OwnershipCondo
Pets AllowedCats OK, Dogs OK
PossessionClosing
Property TypeResidential
Property TypeAttached Single
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Sub TypeCondo
Tax Annual Amount5715.29
Tax Year2023
Total Rooms6
TownshipSouth Chicago
Unit Number201
Virtual TourClick here
Year Built2006

Exterior for 1016 S Racine Avenue # 201

BuyerOfficeFax(312) 506-0222
Lot DimensionsCOMMON
Parking FeaturesGarage Door Opener, On Site, Detached, Garage
Total Parking1
Water SourceLake Michigan
Waterfront Y/NNo

Additional Details

Price History

Client Care

Price $325,000
MLS#12419839
List Date 07/22/2025
Property Type Contingent
Phone 847.485.2500
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