1946 South Racine, Chicago IL 60608
Property Description
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!
Features & Information
Key Details
- List Price $2,599,000
- Property Taxes $22,422
- Price/ Sq. Ft. Unavailable
- Year Built 1889
- Status Active
Building Information
- Age of Building New Rehab
- Exterior Construction Brick
- Foundation Block,Brick,Concrete
- Heating & Cooling Central Heat/Indiv Controls, Forced Air, Gas
Location
- County Cook
- Directions to Property 18th & Racine, South To 1946 On West Side Of The Street.
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Property Taxes
- Tax 22422
- Parcel Identification Number 17203260370000
Listed by Brian Ruff for Coldwell Banker Real Estate Group | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 8/28/2025 10:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Pilsen
A vibrant neighborhood situated on the city’s Lower West Side, Pilsen is one of Chicago’s oldest communities. Weathered stone castles, colorful turrets, and ornamental accents harken back to the area’s Bohemian roots. Building on its working-class roots, Pilsen has become a destination for the arts in Chicago—striking murals and vivid mosaics can be found throughout the neighborhood. Pilsen is home to a variety of galleries and museums, such as the National Museum of Mexican Art, one of the most prominent institutions for Mexican art and culture in the United States. Multi-generational mom and pop shops sit side-by-side some of the city’s finest dining. From off the beaten track locales to hip eateries, Pilsen offers a wide variety ideal for all. Vintage shops, independent cafes, and offbeat markets add to the neighborhood’s charm.
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