Sold
Last Sold Price
26 beds
1709 S Racine Ave, Chicago, IL 60608
Multi FamilyProperty Type
6,250 sq ftLot Size
1900Year Built

Description

Located in the east section of Pilsen, this well maintained 16 units property is spread out through 3 buildings one block south of University Village. Close to public transportation, shopping and the Loop.Located in the east section of Pilsen, this well maintained 16 units property is spread out through 3 buildings one block south of University Village. Close to public transportation, shopping and the Loop.

    Sold By Dream Town Realty

    • Listed by: Joshua 818.445.3529 josh@windycityre.com • Windy City RE LLC
    Listing closed: 11/29/2016 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 09256032

    Recent comparable sales

    Median sold price

    $1,800,000

    Avg days on market

    82

    Sale-to-list ratio

    98.4%

    Chicago, IL

    9 comparable properties found

    a building view with a street
    1/28
    1

    $1,445,000

    Sold 04/30/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.12
    Acres
    a view of outdoor space with seating area
    1/14
    2

    $1,350,000

    Sold 02/25/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.11
    Acres
    front view of a building
    1/24
    3

    $1,850,000

    Sold 07/24/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.06
    Acres
    4

    $1,850,000

    Sold 04/25/25

    2
    Bedrooms
    Unavailable
    Bathrooms
    1,124
    Square Feet
    Unavailable
    Acres
    $2,125,000 | 1411 West Taylor Street, Chicago, IL 60607
    1/19
    5

    $2,125,000

    Sold 05/29/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.07
    Acres
    6

    $1,800,000

    Sold 01/12/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    6,555
    Square Feet
    Unavailable
    Acres
    a view of a building from a balcony
    1/10
    7

    $1,700,000

    Sold 05/28/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.18
    Acres
    8

    $1,700,000

    Sold 06/20/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    8,550
    Square Feet
    0.08
    Acres
    9

    $1,900,000

    Sold 07/14/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres

    Location

    Add your commute

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    $10,956 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $9,759

    Property Taxes

    $1,197

    HOA Dues

    $0

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    Property Information for 1709 South Racine Avenue

    Property Details
    • Taxes: $14,363 / year
    • MLS Type: Multi Family 5+ / Multi Family 5+-Other
    • County: Cook County
    • Area: CHI - Lower West Side
    • Township: SOUTH CHICAGO
    • Num Of Parking Spaces: 0.0
    • Air Conditioning Type: Central Individual
    • Zoning: MULTI
    Building Information
    • Stories: 3
    • Residences: 16
    • Year Built: 1900
    • Lot Size: 0.14 AC / 6,250 SF
    General Information
    Location and General Information
    • Frontage Type: City Street
    • Information: 48-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Individual
    • Electric: Service - 201 to 600 Amps
    • Heat/Ventilation: Gas
    • # Of Refrigerators: 16
    • Num of Baths: 0.0
    Property/Lot Information
    • Tenant Pays: Air Conditioning, Electricity, Heat
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Multi-Family Type: Other
    • Lot Dimensions: 50X125
    • Lot Size Square Feet: 6250.0
    • Stories: 3
    • Fire Protection: Alarm Monitored
    • # Of Ranges: 16
    Property and Assessments
    • Photos Count: 5
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 16
    Income & Expenses
    • Electric Expense: $1,273.00
    • Fuel Expense: $572.00
    • Gross Income: $12,964.00
    • Gross Scheduled Income: $129,648.00
    • Insurance Expense: $4,737.00
    • Maintenance Expense: $3,960.00
    • Janitor Expense: 0
    • Net Operating Income Year: 2011
    • Total Monthly Income: 10804
    • Net Operating Income: $91,615.00
    • Operating Expense: $.00
    • Other Expense: $2,196.00
    • Trash Expense: $3,023.00
    • Water Sewer Expense: $2,600.00
    Unit 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 8
    Unit 2
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 6
    Unit 3
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 2
    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 1709 South Racine Avenue

    DateEvent & SourcePriceAppreciation
    Nov 29, 2016

    Sold

    MRED #09256032

    $1,920,000
    Sep 19, 2016

    Pending

    MRED #09256032

    Aug 15, 2016

    Listed (Active)

    MRED #09256032

    $2,450,000
    DateEvent & SourcePrice
    11/29/2016

    Sold

    MRED #09256032

    $1,920,000
    09/19/2016

    Pending

    MRED #09256032

    08/15/2016

    Listed (Active)

    MRED #09256032

    $2,450,000

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

    Schools near 1709 South Racine Avenue

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

    Juarez Community Academy High School
    Public9 to 12

    Chicago Academy Adv Tech High School
    Public9 to 12

    Acero Charter - Bartolome De Las Casas
    CharterK 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.

    Neighborhood Map and Transit

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    Nearby home values

    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 Windy City RE LLC

    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 05/05/2021 04:46 AM. 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.