1016 S Racine Ave, Unit 201

1,288 Sq. Ft.
$252 / Sq. Ft.
1,288
Sq. Ft.
$252
per Sq. Ft.

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,...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 Agent

  1. Amy Duong Kim

    Amy Duong Kim

    Listing Agent

    Compass

    P: (773)-295-4387

Property Details for 1016 South Racine Avenue, Unit 201

Area
CHI - Near West Side
Township
South Chicago
Ownership
Condo
Num Of Garage Spaces
1.0
Num Of Parking Spaces
1.0
Parking Included in Price
Yes
Air Conditioning Type
Central Air
Heat/Fuel
Natural Gas, Forced Air
LISTING CLOSED: 10/28/2025 12:00 AM

Property Details for 1016 South Racine Avenue, Unit 201

StatusClosed
MLS #12419839
Days on Market25
Pet PolicyAllowed
Taxes$5,715 / year
HOA Fees$201 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeAttached Single / Condo
Year Built2006
CountyCook County

Location

Add your commute

Building Information for 1016 South Racine Avenue, Unit 201

Building/Complex1016 S Racine AveFloor2Stories1Residences6Pet PolicyAllowedPet Policy Details999Year Built2006

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,297 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,620

Property Taxes

$476

HOA Dues

$201

The Payment Calculator is for illustrative purposes only.

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Rocket Mortgage1

Property Information for 1016 South Racine Avenue, Unit 201

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Other Public School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Garage Door Opener, Yes, Detached, Garage
Pet Information
  • Max Pet Weight: 999.0
  • Pet Information: Cats OK, Dogs OK
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
Property Information
Interior Features
  • Interior Property Features: Open Floorplan, Dining Combo
  • Num Of Rooms: 6
  • Bedrooms Total: 3
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 3
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Dining Room: Combined w/ LivRm
  • Room Type: Storage
  • Num of Baths: 2.0
Exterior Features
  • Type: Condo
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 16-20 Years
  • Type Attached: Condo
  • Total Sq Ft: 0
  • Aprox Total Finished Sq Ft: 0
  • Total Finished and Unfin Sq Ft: 0
  • Lot Dimensions: COMMON
  • Stories Total: 3
  • Total # Units in Building: 6.0
  • Waterfront: No
  • Disability Access and/or Equipped: No
  • Exterior Building Type: Brick
  • Construction: Brick
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 1016
  • East Coordinate: 0
  • West Coordinate: 1200
  • Living Area Source: Estimated
  • Management: Self-Management
  • Management Company: SELF MANAGE
Property and Assessments
  • Public Document Count: 4
  • Document Date: 2025-07-21T13:37:25
  • Photos Count: 27
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 07-22-2025
Room Information
Master Bedroom Information
  • Master Bedroom Level: Main
  • Room Type: Master Bedroom
  • Master Bedroom Bath: Full
  • Master Bedroom Dimensions: 11X13
Bedroom #2 Information
  • 2nd Bedroom Level: Main
  • Room Type: Bedroom 2
  • Bedroom #2 Room Dimensions: 11X11
Bedroom #3 Information
  • 3rd Bedroom Level: Main
  • Room Type: Bedroom 3
  • Bedroom #3 Room Dimensions: 11X10
Bedroom #4 Information
  • 4th Bedroom Level: N/A
  • Room Type: Bedroom 4
Dining Room Information
  • Dining Room Level: Main
  • RoomType_DR: Dining Room
  • Dining Room Dimensions: COMBO
Family Room Information
  • Family Room Level: N/A
  • RoomType_FR: Family Room
Kitchen Information
  • Kitchen Level: Main
  • RoomType_KT: Kitchen
  • Kitchen Dimensions: 10X10
Laundry Information
  • Laundry Level: Main
  • Room Type: Laundry
  • Laundry Dimensions: 3X3
Living Room Information
  • Living Room Level: Main
  • Room Type: Living Room
  • Living Room Dimensions: 20X15
Storage Room 1 Information
  • Room Level: Main
  • Room Type: Storage
  • Dimensions: 3X3

Property History for 1016 South Racine Avenue, Unit 201

DateEvent & SourcePriceAppreciation
Oct 28, 2025

Sold

MRED #12419839

$325,000
Oct 9, 2025

Sold (Public Record)

Public Record #1918106884

$325,000
Aug 15, 2025

Pending

MRED #12419839

DateEvent & SourcePrice
10/28/2025

Sold

MRED #12419839

$325,000
10/09/2025

Sold (Public Record)

Public Record #1918106884

$325,000
08/15/2025

Pending

MRED #12419839

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1016 South Racine Avenue, Unit 201

Taxable ValueLand$5,276Additions$28,020Total$33,296
Tax Record2023$5,715 ($476 / month)
Home Facts
Beds3Lot Size6,979 SqFtStyleCondominiumYear Built2006CountyCOOKAPN17-17-334-045-4003

Schools near 1016 South Racine Avenue, Unit 201

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - K to 8
Rating
School
Distance
Smyth J Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

STEM Magnet Academy Elementary
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/10/2025 05:15 PM. 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.