$2,599,000
1946 S Racine Avenue
Chicago, IL, 60608
Large brick 10 unit in Chicago’s East Pilsen neighborhood. Complete gut renovation completed in 2017-18. 100% tenant occupied and generates over $250K in annual gross rental income. At the time of renovations, the building was taken down to the brick walls and new open floor plans were created. Flooring, windows, roof, electrical, plumbing, all mechanical systems, etc., were all updated at that time. Condo quality units feature large bedrooms, open layouts, white kitchens with quartz counters, all S.S. appliances, in-unit washer & dryer in all units, and modern white/gray finishes. The building sits on an oversized lot with 3 parking spots in the rear and a full basement for potential additional storage. Great mix of 1BR, 2BR, & 3BR units. Highly desirable location in Pilsen!
Property Details
Price:
$2,599,000
MLS #:
MRD12438463
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
CHI – Lower West Side
Listed Date:
Aug 20, 2025
Total Sq Ft:
12,168
Year Built:
1889
Schools
Interior
Cooling
Central Air, Central Individual
Exterior
Construction Materials
Brick
Roof
Membrane, Reflective Coating, Rubber
Financial
Maintenance Fee
$7,970
Tax Year
2023
Taxes
$22,422
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Sep 17, 2025
1,096
Commercial Listed
165
Avg DOM
157
Avg $ / SqFt
$1,023,546
Avg List Price
Community
- Address1946 S Racine Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60608
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Property Summary
- 1946 S Racine Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60608. It is listed for $2,599,000 To schedule a showing of MLS#mrd12438463 at 1946 S Racine Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1946 S Racine Avenue
Chicago, IL
