1843 S Racine Avenue
Chicago, IL, 60608
$1,875,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12602846 image #0
Turn-key investment opportunity in the heart of Pilsen. Fully rehabbed in 2017, this charming brick building offers seven updated 1-bedroom, 1-bath units plus a street-front retail space for multiple income streams. All units feature 2017+ appliances, individual HVAC, and in-unit stackable washer/dryers-highly desirable for today’s renters. Just steps from 18th Street’s acclaimed restaurants and nightlife, with easy permitted street parking, the property also sits within walking distance of the CTA Pink Line, bus routes, the Loop, UIC, and the Illinois Medical District. With strong rental demand and appreciation potential in one of Forbes’ “Coolest Neighborhoods,” this is an opportunity investors will not want to miss.

Property Details

Price:
$1,875,000
MLS #:
MRD12602846
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chilowerwestside
Listed Date:
Mar 26, 2026
Year Built:
1884
Chi – Lower West SideChilowerwestside

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Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Stories
3

Financial

Net Operating Income
$133,259
Tax Year
2024
Taxes
$23,003

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Jun 13, 2026
922
Commercial Listed
184
Avg DOM
$995,392
Avg List Price

Property Summary

    1843 S Racine Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60608. It is listed for $1,875,000

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