Sold
Last Sold Price
7316 S Racine Ave, Chicago, IL 60636
Mixed UseProperty Type
3,125 sq ftLot Size
1930Year Built

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!

    Sold By Su Familia Real Estate Inc

    • Listed by: Refugio Bahena 312.925.6827 thedifference@cgrchicago.com • Cloud Gate Realty LLC
    Listing closed: 03/06/2026 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12540548

    Recent comparable sales

    Median sold price

    $155,000

    Avg days on market

    70

    Sale-to-list ratio

    85.2%

    Chicago, IL

    9 comparable properties found

    a kitchen with refrigerator and window
    1/44
    1

    $80,000

    Sold 11/13/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.06
    Acres
    a front view of a building
    1/24
    2

    $100,000

    Sold 11/05/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a view of a house with a outdoor space
    1/24
    3

    $105,000

    Sold 01/14/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $107,500 | 6641 South Ashland Avenue, Chicago, IL 60636
    1/7
    4

    $107,500

    Sold 10/24/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.07
    Acres
    a front view of a house
    1/17
    5

    $219,000

    Sold 10/22/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.09
    Acres
    a view of swimming pool with a yard
    1/7
    6

    $155,000

    Sold 02/09/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.25
    Acres
    $240,000 | 6843 South Racine Avenue, Chicago, IL 60636
    1/8
    7

    $240,000

    Sold 08/24/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.11
    Acres
    a building view
    1/30
    8

    $315,000

    Sold 12/12/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.22
    Acres
    a front view of a building
    1/30
    9

    $204,000

    Sold 05/15/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.07
    Acres

    Location

    Add your commute

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    OriginPoint Mortgage or Rocket Mortgage1

    $520 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $407

    Property Taxes

    $114

    HOA Dues

    $0

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    Property Information for 7316 South Racine Avenue

    Property Details
    • Taxes: $1,366 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: CHI - West Englewood
    • Air Conditioning Type: None
    Building Information
    • Stories: 2
    • Residences: 3
    • Year Built: 1930
    • Lot Size: 0.07 AC / 3,125 SF
    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
    Mar 6, 2026

    Sold (Public Record)

    Public Record #1931613517

    $80,000

    +35.3% / yr

    Mar 6, 2026

    Sold

    MRED #12540548

    $80,000
    Jan 21, 2026

    Pending

    MRED #12540548

    DateEvent & SourcePrice
    03/06/2026

    Sold (Public Record)

    Public Record #1931613517

    $80,000

    +35.3% / yr

    03/06/2026

    Sold

    MRED #12540548

    $80,000
    01/21/2026

    Pending

    MRED #12540548

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

    Public Records for 7316 South Racine Avenue

    Taxable ValueLand$938Additions$5,863Total$6,801
    Tax Record2023$1,055 ($88 / month)
    Home Facts
    Beds4Baths1Total Finished SqFt2,760 SqFtAbove Grade Finished SqFt2,760 SqFtStories2Lot Size3,125 SqFtStyleMiscellaneous ResidentialYear Built1930Year Renovated1932ZoningB1-1CountyCOOKAPN20-29-124-061-0000

    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 - 9 to 12
    Charter - PK to 8
    Rating
    School
    Distance
    Stagg Elementary School
    PublicPK to 8

    Bogan High School
    Public9 to 12

    EXCEL ACADEMY - ENGLEWOOD HS
    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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    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 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 03/07/2026 01:22 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.