7316 S Racine Avenue

Property Description

**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!

Overview

Property Status

Sold

Date Sold

April 24, 2025

Lot Size

3,125 Sq.Ft.

MLS ID

12289989

Property Type

Other

Year Built

1930

Are you interested?

Schedule a Tour

Tamika M. Marks

(773) 656-9895 [email protected]

Features & Amenities

Total Area

2,750 Sq.Ft.

Neighborhood

Chicago

Stories

Air Conditioning

None

Sales Price

$59,300

Real Estate Tax

$1,055/yr

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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for your interest in 7316 S Racine Avenue, Chicago, IL 60636

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