7316 S Racine Ave

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Excellent mixed-use opportunity with two apartments and a street-facing commercial space. This versatile property includes two full baths and two half baths, allowing for flexible residential and business use. A 2-car garage provides additional income potential or future tenant convenience!Excellent mixed-use opportunity with two apartments and a street-facing commercial space. This versatile property includes two full baths and two half baths, allowing for flexible residential and business use. A 2-car garage provides additional income potential or future tenant convenience!
  1. Listed by Refugio Bahena • Cloud Gate Realty LLC
    P: (312)-925-6827 C: (312)-925-6827 thedifference@cgrchicago.com

Property Details for 7316 South Racine Avenue

Area
CHI - West Englewood
Air Conditioning Type
None
LISTING UPDATED: 01/24/2026 02:07 AM

Property Details for 7316 South Racine Avenue

StatusPending
MLS #12540548
Days on Market17
Taxes$1,366 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1930
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Listing Courtesy of Cloud Gate Realty LLC
Add your commute

Building Information for 7316 South Racine Avenue

Stories2Residences3Year Built1930Lot Size0.07 AC / 3,125 SF

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OriginPoint Mortgage or Rocket Mortgage1

$504 per month

30 year fixed, 6.15% Interest

Principal and Interest

$390

Property Taxes

$114

HOA Dues

$0

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Property Information for 7316 South Racine Avenue

General Information
Location and General Information
  • Geographic Locale: Chicago South
  • Information: Short Notice OK
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 25x125
  • Lot Size Square Feet: 3125.0
  • Stories: 2
  • Fire Protection: None
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Buyer Financing: Cash, Other
  • Public Document Count: 1
  • Document Date: 2026-01-05T18:08:15
  • Photos Count: 15
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $215.00

Property History for 7316 South Racine Avenue

DateEvent & SourcePriceAppreciation
Jan 21, 2026

Pending

MRED #12540548

Jan 5, 2026

Listed (Active)

MRED #12540548

$80,000
Apr 24, 2025

Sold

MRED #12289989

$59,300
Mar 13, 2025

Sold (Public Record)

Public Record #1556280568

$59,500

-5.7% / yr

Feb 27, 2025

Pending

MRED #12289989

Feb 27, 2025

Contingent

MRED #12289989

Feb 10, 2025

Listed (Active)

MRED #12289989

$59,900
May 23, 2006

Sold (Public Record)

Public Record #196657521

$180,000
DateEvent & SourcePrice
01/21/2026

Pending

MRED #12540548

01/05/2026

Listed (Active)

MRED #12540548

$80,000
04/24/2025

Sold

MRED #12289989

$59,300
03/13/2025

Sold (Public Record)

Public Record #1556280568

$59,500

-5.7% / yr

02/27/2025

Pending

MRED #12289989

02/27/2025

Contingent

MRED #12289989

02/10/2025

Listed (Active)

MRED #12289989

$59,900
05/23/2006

Sold (Public Record)

Public Record #196657521

$180,000

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

Public Records for 7316 South Racine Avenue

Taxable ValueLand$2,031Additions$2,968Total$4,999
Tax Record2023$1,055 ($88 / month)
Home Facts
Baths1Total Finished SqFt2,760 SqFtAbove Grade Finished SqFt2,760 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1930CountyCOOKAPN20-29-124-061

Schools near 7316 South Racine Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 6 to 12
Public - 9 to 12
Rating
School
Distance
Stagg Elementary School
PublicPK to 8

Bogan High School
Public9 to 12

Jefferson Alt High School
Public6 to 12

York Alternative High School
Public9 to 12

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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Listing Courtesy of Cloud Gate Realty 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 01/24/2026 02:07 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.