Welcome to 1016 S Racine Ave, Unit 201-a rare opportunity to own a true 3-bedroom, 2-bathroom condo in the heart of Little Italy. This meticulously maintained, bright, and spacious corner unit offers an open-concept layout with abundant natural light throughout. The kitchen features granite countertops and ample cabinet space, making it ideal for both everyday living and entertaining. The primary suite includes a private en-suite bathroom, while two additional bedrooms offer versatility for guests, family, or a home office-an uncommon find in this area. Additional highlights include in-unit laundry, central HVAC, access to a shared yard, and a garage parking spot (included). The unit is offered fully furnished, if desired-providing a turnkey opportunity for homeowners. Located just steps from Taylor Street, a lively corridor of cafes, Italian bakeries, and top-rated eateries, this home offers the perfect blend of neighborhood charm and urban convenience. Situated close to the vibrant University Village community, you'll benefit from a well-managed and efficient HOA, along with easy access to UIC's East and West campuses, the Rush Medical District, and the Blue Line at Racine-making it a breeze for commuters, students, and professionals. Don't miss this rare 3-bedroom gem in one of Chicago's most sought-after neighborhoods, full of culture, community, and character.This is an income-restricted City of Chicago Affordable Housing (TIF) unit. Buyer must be at or below 100% HUD household income guidelines and be approved by DOH staff prior to placing an offer. For a household of 1 person, the household gross income requirement cannot exceed $84,000; and for a household of 2 persons, the household gross income requirement cannot exceed $96,000. At time of closing, buyer must agree to sign an Affordable Housing Covenant and Agreement with resale restrictions.
Property Features
Bedrooms
- Bedrooms: 3
- Bedrooms Possible: 3
- Primary Bedroom Dimensions: 11' x 13'
- Bedroom 2 Dimensions: 11' x 11'
- Bedroom 3 Dimensions: 11' x 10'
- Primary Bedroom Level: Main
- Bedroom 2 Level: Main
- Bedroom 3 Level: Main
Other Rooms
- Total Rooms: 6
- Storage
- Laundry Dimensions: 3' x 3'
- Laundry Level: Main
- Storage Dimensions: 3' x 3'
- Storage Level: Main
- Living Room Dimensions: 20' x 15'
- Living Room Level: Main
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Open Floorplan
- Dining Combo
- Interior Amenities: Open Floorplan
- Flooring: Carpet, Ceramic Tile, Vinyl
Appliances
- Range
- Microwave
- Dishwasher
- Refrigerator
- Washer
- Dryer
- Range Hood
- Laundry Facilities: Washer Hookup
- Laundry Features: Washer Hookup, In Unit, Laundry Closet
- Washer Dryer Hookup: Yes
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Natural Gas, Forced Air
- Heating: Yes
Kitchen and Dining
- Dining Room Level: Main
- Kitchen Dimensions: 10' x 10'
- Kitchen Level: Main
Garage and Parking
- Garage Spaces: 1
- Parking Features: Garage Door Opener, On Site, Detached, Garage
- Parking Total: 1
Land Info
- Lot Size Dimensions: COMMON
Homeowners Association
- Association: Yes
- Association Fee: 201
- Association Fee Frequency: Monthly
- Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Calculated Total Monthly Association Fees: 201
- Pets Allowed: Cats OK, Dogs OK
- Cats Allowed: Yes
- Dogs Allowed: Yes
School Information
- Elementary School District: 299
- High School District: 299
- School District: 299
- Middle or Junior School District: 299
Other Property Info
- Annual Tax Amount: 5715
- Source Listing Status: Active Under Contract
- County: Cook
- Directions: TAYLOR ST EAST OR WEST OT RACINE S TO PROPERTY
- Tax Year: 2023
- Ownership: Condo
- Source Property Type: Residential
- Area: CHI - Near West Side
- Property Subtype: condo
- Source Neighborhood: CHI - Near West Side
- Parcel Number: 17173340454003
- Township: South Chicago
- Management Company: SELF MANAGE
- Property Subtype: Attached Single
Building and Construction
- Total Square Feet Living: 1288
- Year Built: 2006
- Building Exterior Type: Brick
- Construction Materials: Brick
- Entry Level: 2
- Living Area Source: Estimated
- Building Total Stories: 3
- Structure Type: Condo
- Total Area Sqft: 1288
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Lake Michigan
Accessibility Features