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13 Properties Within 0.5 miles of: 1016 S Racine, Chicago
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1016 S Racine Unit 201
Chicago, IL 60607

  • 3 Beds
  • 2 Baths
  • 1,288 Sq. Ft.
  • Built In 2006
Price

$325,000

Est Payment
$2,400 / month (details)  
Taxes
$5,715  
Assessments
$201  
Beds
3  
Baths
2  
Rooms
6  
Type
Attached Single  
Sq. Ft.
1,288  
Built
2006  
Neighborhood
University Village / Little Italy  
MLS
#12419839
Status
Active (5 days)

Property 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 Tour

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
Carpet
20X15
Dining Room
Main
COMBO
Kitchen
Main
Ceramic Tile
10X10
Family Room
N/A
Laundry
Main
Vinyl
3X3
Master Bedroom
Main
Carpet
11X13
Bedroom 2
Main
Carpet
11X11
Bedroom 3
Main
Carpet
11X10
Bedroom 4
N/A
Storage
Main
3X3

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling Central Air
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Assessment Includes
Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Interior Features
Open Floorplan, Dining Combo
Appliances
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
Pets Allowed
Cats OK, Dogs OK
Parking
1 Garage Spaces, Garage Door Opener, On Site, Detached, Garage, Parking included in price
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

07-22-2025 Listed at $325,000
Last Modified 7/23/25 12:25 PM

Nearby Transportation

  • Bus 60 < 0.1 mi
  • Bus 157 < 0.1 mi
  • Bus 12 0.1 mi
  • Bus 7 0.4 mi
  • Bus 9 0.5 mi
  • Bus X9 0.5 mi
  • Bus 8 0.5 mi
  • Bus 62 0.5 mi
  • Bus 18 0.5 mi
  • Bus 126 0.5 mi
  • Bus 36 0.9 mi
  • Bus 125 0.9 mi
  • Bus 20 0.9 mi
  • Bus 37 0.9 mi
  • Bus 50 1.0 mi
  • Burlington Northern 0.8 mi
  • Heritage Corridor 1.2 mi
  • Milwaukee North 1.2 mi
  • Milwaukee West 1.2 mi
  • North Central Service 1.2 mi
  • Southwest Service 1.2 mi
  • Blue Line 0.5 mi
  • Pink Line 0.7 mi
  • Green Line 1.2 mi
  • ZipCar 0.3 mi
  • I 290 West 0.5 mi
  • I 90 East 0.6 mi
  • I 94 East 0.6 mi
  • I 90 West 0.6 mi
  • I 94 West 0.6 mi
  • I 290 East 0.6 mi
  • I 55 South 1.1 mi
  • I 55 North 1.1 mi
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