$59,900
7316 S Racine Avenue
Chicago, IL, 60636
**Endless Possibilities Await! Prime Mixed-Use Property in a High-Traffic Location** Bring your vision to this fantastic mixed-use property situated on a well-traveled street, just steps from public transportation and surrounded by other thriving small businesses. This versatile building features a spacious storefront with a half bath, perfect for retail, office, or creative space. Above the storefront, two residential units currently function as additional office space but can be easily converted back to their original layouts. Unit 1 offers 2 bedrooms and 1 bath, while Unit 2 boasts a generous layout with a living room, dining room, 1.5 baths, a future kitchen space, and 3 bedrooms. Additional highlights include a 2-car garage in the rear for convenient parking. This is an incredible opportunity for investors, business owners, or developers ready to transform this space into something special. With the right vision, this property has the potential to generate strong rental income or serve as an ideal live-work space. Bring your ideas and let’s get started!
Property Details
Price:
$59,900
MLS #:
MRD12289989
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
7316 S Racine Avenue
Type:
Commercial
Subtype:
Apts/Stores
Neighborhood:
CHI – West Englewood
City:
Chicago
Listed Date:
Feb 10, 2025
State:
IL
Finished Sq Ft:
2,750
Total Sq Ft:
2,750
ZIP:
60636
Year Built:
1930
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$1,055
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
Map
Similar Listings Nearby
- 2341 W Chicago Avenue #1
Chicago, IL$75,000
0.00 miles away
- 111 N Wabash Avenue #1212
Chicago, IL$61,065
0.00 miles away
- 111 N Wabash Avenue #1314
Chicago, IL$60,000
0.00 miles away
- 4825 N Mason Avenue #102
Chicago, IL$57,000
0.00 miles away
- 5119 S Halsted Street
Chicago, IL$55,000
0.00 miles away
- 1125 W 59TH Street
Chicago, IL$50,000
0.00 miles away
- 111 N Wabash Avenue #820
Chicago, IL$50,000
0.00 miles away
- 6336 W Grand Avenue
Chicago, IL$50,000
0.00 miles away
- 5100 N Broadway Street
Chicago, IL$50,000
0.00 miles away

7316 S Racine Avenue
Chicago, IL
LIGHTBOX-IMAGES