Sold
Last Sold Price
16 beds
125 S Racine Ave, Chicago, IL 60607
Multi FamilyProperty Type
7,571 sq ftLot Size
1943Year Built

Description

West Loop Development Opportunity. The three-story brick building includes approximately 16,905 Gross Square Feet above grade, two garage parking spaces, and two outdoor parking spaces. Located one block from Skinner Park, Montessori School, Target and more in Chicago's most in-demand neighborhood. The neighborhood boasts high-profile headquarters including Google, McDonald's, WPP, Tik Tok, Ernst & Young, John Deere, Aspen Dental, Kimberly-Clark, Tock, CCC, MoLo Solutions, Chan-Zuckerberg Biohub...West Loop Development Opportunity. The three-story brick building includes approximately 16,905 Gross Square Feet above grade, two garage parking spaces, and two outdoor parking spaces. Located one block from Skinner Park, Montessori School, Target and more in Chicago's most in-demand neighborhood. The neighborhood boasts high-profile headquarters including Google, McDonald's, WPP, Tik Tok, Ernst & Young, John Deere, Aspen Dental, Kimberly-Clark, Tock, CCC, MoLo Solutions, Chan-Zuckerberg Biohub and more. Located within T. O. D. boundaries and within the City of Chicago's Near West Downtown Expansion Area. Excellent public transportation access including Racine Blue Line CTA Station, Metra/Amtrak Stations (Union Station), and I-90/94 Expressway Access.

    Sold By Baird & Warner Fox Valley - Geneva

    • Listed by: Scott Maesel 312.676.1860 scott.maesel@svn.com;scott.maesel@svn.com • Sperry Van Ness
    Listing closed: 08/29/2025 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12173068

    Recent comparable sales

    Median sold price

    $2,150,000

    Avg days on market

    63

    Sale-to-list ratio

    94.2%

    Chicago, IL

    9 comparable properties found

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    Square Feet
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    Acres
    $1,466,920 | 4043 South Drexel Boulevard, Chicago, IL 60653
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    Sold 10/22/24

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    Sold 08/14/25

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    Sold 10/30/25

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    $600,000 | 2702 West 24th Street, Chicago, IL 60608
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    a view of a brick building with many windows
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    9

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    Sold 11/04/24

    16
    Bedrooms
    Unavailable
    Square Feet
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    Acres

    Location

    Add your commute

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    $19,142 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $15,757

    Property Taxes

    $3,385

    HOA Dues

    $0

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    Property Information for 125 South Racine Avenue

    Property Details
    • Taxes: $40,625 / year
    • MLS Type: Multi Family 5+ / Flats
    • County: Cook County
    • Area: CHI - Near West Side
    • Zoning: MULTI
    Building Information
    • Stories: 3
    • Residences: 4
    • Year Built: 1943
    • Lot Size: 0.17 AC / 7,571 SF
    General Information
    Addtl Parking Information
    • Indoor Parking: 1-5 Spaces
    • Outdoor Parking: 1-5 Spaces
    Location and General Information
    • Information: List Broker Must Accompany,48-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Heat/Ventilation: Central Heat/Indiv Controls,Radiators
    • Num of Baths: 16.0
    Property/Lot Information
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Multi-Family Type: Flats
    • Lot Dimensions: 75X105
    • Lot Size Square Feet: 7571.0
    • Stories: 3
    • Building Area Total: 16905
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 11
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 4
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $.00
    • Gross Scheduled Income: $.00
    • Insurance Expense: $.00
    • Maintenance Expense: $.00
    • Janitor Expense: 0
    • Total Monthly Income: 0
    • Net Operating Income: $.00
    • Operating Expense: $.00
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00
    Unit 1
    • Unit Type Baths Total: 4
    • Unit Type Beds Total: 4
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 4
    Unit 2
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 0
    Unit 3
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 0
    Unit 4
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 0
    Unit 5
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 0
    Unit 6
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 0
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0

    Property History for 125 South Racine Avenue

    DateEvent & SourcePriceAppreciation
    Aug 29, 2025

    Sold

    MRED #12173068

    $3,100,000
    May 30, 2025

    Pending

    MRED #12173068

    Sep 25, 2024

    Listed (Active)

    MRED #12173068

    $3,999,000
    DateEvent & SourcePrice
    08/29/2025

    Sold

    MRED #12173068

    $3,100,000
    05/30/2025

    Pending

    MRED #12173068

    09/25/2024

    Listed (Active)

    MRED #12173068

    $3,999,000

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

    Public Records for 125 South Racine Avenue

    Taxable ValueLand$48,279Additions$161,721Total$210,000
    Tax Record2023$16,447 ($1,371 / month)
    Home Facts
    Baths4Total Finished SqFt16,994 SqFtAbove Grade Finished SqFt16,994 SqFtStories3Lot Size7,787 SqFtStyleMulti-Family Res (5+ Units)Year Built1915CountyCOOKAPN17-17-210-032

    Schools near 125 South Racine Avenue

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Public - 7 to 12
    Public - K to 8
    Rating
    School
    Distance
    Skinner Elementary School
    PublicPK to 8

    Wells Community Academy High School
    Public9 to 12

    Young Magnet High School
    Public7 to 12

    Chicago World Language Academy
    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.

    Listing Courtesy of Sperry Van Ness

    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 09/03/2025 12:46 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.