Sold
Last Sold Price

7316 S Racine Ave,Ā Chicago, ILĀ 60636

Mixed UseProperty Type
0.07 acresLot 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!
Listing closed: 03/06/2026 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12540548
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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

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Principal and Interest

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Property Taxes

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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

7316 South Racine Avenue

Beds

4

Baths

1

Total Finished SqFt

2,760 SqFt

Above Grade Finished SqFt

2,760 SqFt

Stories

2

Lot Size

3,125 SqFt

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.

Neighborhood Map and Transit

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7316 South Racine Avenue, Chicago, IL 60636
$80,000
–
–
–
3,125
–
–
–
–
3,125
–
–
–
–
3,125
–
–
–
–
3,084
–
–
–
–
3,125
–
–
–
–
3,125

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 REALTORSĀ® 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 REALTORSĀ® 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.