GavinMylin
BEDS3
BATHS3 full
MLS#12796205
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 299
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Heating: Gas
Lot Size: 0.04 Acres
Taxes: $11,019
Year Built: 1848
Feature Descriptions
Exterior: Brick
Lot Dimensions: 1886
Parcel#: 17174260660000
Parking: Yes, Other
Sewer: Public Sewer
Total Rooms: 10
Township: South Chicago
Water: Public
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Option Premier LLC
Agency Phone: 312-500-5808
Shown By
Agent Name: Gavin Mylin
Agent Phone: Cell: (779) 208-6276
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 4,538.90 per month $3,402.19 Principal & Interest $918.25 Property Tax $218.46 Homeowner's InsuranceChange Payment Information
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been 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.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
1003 S Racine Avenue | MLS# 12796205
This multi-family property located at 1003 S Racine Avenue, Chicago, IL 60607 is currently listed for sale with an asking price of $749,000. S Racine Avenue is located within the District 299 school district. Search Chicago real estate on gmylin.gogambino.com today.