941 N Racine Ave

2,500 / 0.06
Lot Size / Acres

Description

Developers and Builders - don't miss this exceptional opportunity in the heart of River West! This vacant land parcel zoned RT-4 offers incredible potential for a new residential development in one of Chicago's most sought-after and rapidly appreciating urban neighborhoods. River West continues to attract strong buyer demand thanks to its proximity to downtown, vibrant dining and nightlife, and convenient access to transportation. RT-4 zoning allows for a variety of residential possibilities, making...Developers and Builders - don't miss this exceptional opportunity in the heart of River West! This vacant land parcel zoned RT-4 offers incredible potential for a new residential development in one of Chicago's most sought-after and rapidly appreciating urban neighborhoods. River West continues to attract strong buyer demand thanks to its proximity to downtown, vibrant dining and nightlife, and convenient access to transportation. RT-4 zoning allows for a variety of residential possibilities, making this an ideal site for a thoughtfully designed development that can capture top-of-the-market pricing in a location where new construction consistently commands premium values. Surrounded by modern developments and ongoing revitalization, this parcel sits in a corridor where investment momentum continues to grow. Buyers are encouraged to consult with an architect and/or zoning professional to verify development potential, density allowances, and the intended end use.
  1. Listed by Roger Joseph • Joseph Realty LTD
    P: (773)-230-1396 C: (773)-230-1396 roger@josephrealtyltd.com

Property Details for 941 North Racine Avenue

Area
CHI - West Town
Township
West Chicago
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Zoning
OTHER
LISTING UPDATED: 04/02/2026 03:01 AM

Property Details for 941 North Racine Avenue

StatusNew
MLS #12584624
Days on Market2
Taxes$3,753 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.06 AC
CountyCook County

Location

Listing Courtesy of Joseph Realty LTD
Add your commute

Building Information for 941 North Racine Avenue

Lot Size0.06 AC

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,755 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,442

Property Taxes

$313

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 941 North Racine Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Ogden Elementary
  • High School District: 299
  • High School: Wells Community Academy Senior H
  • Middle Or Junior School District: 299
Location and General Information
  • Frontage Length: 25
  • Frontage Type: City Street
Property Information
Interior Features
  • Basement Type: None
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: None
Property/Lot Information
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25 X 100
  • Approx Land Sq Footage: 2500
  • Buildings on Land: No
  • Waterfront: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 941
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1200
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 1
  • OpenHouse Count: 0
Miscellaneous
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 941 North Racine Avenue

DateEvent & SourcePriceAppreciation
Apr 1, 2026

Listed (Active)

MRED #12584624

$485,000
Jun 15, 2025

Cancelled

MRED #12284388

$495,000
Feb 14, 2025

Listed (Active)

MRED #12284388

$495,000
Oct 10, 2023

Expired

MRED #11829298

$500,000
Jul 14, 2023

Listed (Active)

MRED #11829298

$500,000
Oct 23, 2018

Cancelled

MRED #09982777

$549,900
Jun 12, 2018

Listed (Active)

MRED #09982777

$549,900
May 22, 2018

Cancelled

MRED #09831734

$550,000
Jan 16, 2018

Listed (Active)

MRED #09831734

$600,000
DateEvent & SourcePrice
04/01/2026

Listed (Active)

MRED #12584624

$485,000
06/15/2025

Cancelled

MRED #12284388

$495,000
02/14/2025

Listed (Active)

MRED #12284388

$495,000
10/10/2023

Expired

MRED #11829298

$500,000
07/14/2023

Listed (Active)

MRED #11829298

$500,000
10/23/2018

Cancelled

MRED #09982777

$549,900
06/12/2018

Listed (Active)

MRED #09982777

$549,900
05/22/2018

Cancelled

MRED #09831734

$550,000
01/16/2018

Listed (Active)

MRED #09831734

$600,000

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

Public Records for 941 North Racine Avenue

Taxable ValueLand$15,000Additions-Total$15,000
Tax Record2023$3,174 ($265 / month)
Home Facts
Beds0Lot Size2,500 SqFtStyleResidentialCountyCOOKAPN17-05-412-012

Schools near 941 North Racine Avenue

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

Wells Community Academy High School
Public9 to 12

Noble Street College Prep
Charter6 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

Similar Homes

Similar Sold Homes

941 North Racine Avenue is a 0.06 ac of land for sale in Chicago, IL 60642. This property was listed for sale on April 1, 2026 by Joseph Realty LTD, it's currently listed at $485,000. This listing's school district is Chicago Public Schools. Nearby schools include Ogden Elementary School, Wells Community Academy High School and Noble Charter - Noble Street College Prep. 941 North Racine Avenue is a 0-bed, 0-bath, 0.06 ac of land on a 2,500 sq. ft. / 0.06 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Joseph Realty LTD

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 04/02/2026 03:01 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.