SOLD JAN 30, 2026

Off Market Jan 2026 for $2.4M

—

•

14 ba

•

12,168

sq ft

1946 S Racine Ave, Chicago, IL 60608

About this home

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!

Multi-familyProperty Type

1889Year Built

4,158 sq ftLot Size

$202Price/Sq.Ft.

Listed by Brian Ruff • Coldwell Banker Real Estate Group

Bought with Brian Aurelio • @properties Christie's International Real Estate

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #12438463

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in Pilsen Historic District, IL

Last updated August 2026

Sale-to-List Price

99.5%

+2.5% MoM

Median sale price

$506K

$3K MoM

Avg. days on market

78d

17 days MoM

Recently sold homes

5 MoM

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NEW 31 HRS AGO
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2 beds2 baths970 sq ft
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3D WALKTHROUGH
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2 beds2 baths1,080 sq ft
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See all

Provided by Redfin

Sale history for 1946 S Racine Ave

Date

Event

Price

MRED as Distributed by MLS Grid #12438463

Jan 30, 2026

Sold (MLS) (Closed)

$2,453,000

$202/sq ft

Sep 17, 2025

Contingent (Contingent - No Showings)

—

Aug 20, 2025

Listed (Active)

$2,599,000

$214/sq ft

LEASESTAR #2

May 1, 2025

Rental Removed

$2,750

$0/sq ft

May 1, 2025

Listed for Rent

$2,750

$0/sq ft

APPFOLIO #1

Apr 5, 2024

Rental Removed

$2,395

$0/sq ft

Mar 13, 2024

Listed for Rent

$2,395

$0/sq ft

MRED as Distributed by MLS Grid #10571924

Jan 31, 2020

Listing Removed

—

Nov 10, 2019

Listed (New)

MRED as Distributed by MLS Grid #07970983

Dec 19, 2012

Listing Removed

—

Apr 13, 2012

Relisted (Reactivated)

—

Mar 28, 2012

Price Changed

Mar 19, 2012

Contingent

—

Mar 1, 2012

Price Changed (Price Change)

Jan 9, 2012

Listed (New)

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Cook County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Feb 18, 2017.

C1-2

Neighborhood Commercial District

The primary purpose of the C1, Neighborhood Commercial district is to accommodate a very broad range of small-scale, business, service and commercial uses.; C1 zoning is distinguished from B1 zoning by the range of use types allowed: C1 permits more intensive, more auto-oriented commercial use types than does B1. The C1 district also allows taverns and liquor stores by-right.; The C1 district permits residential dwelling units above the ground floor.; C1 zoning is generally intended to be applied in compact nodes, at the intersection of two or more major streets, or in a cohesive linear fashion along streets.; The C1 district can be combined with the dash 1, dash 1.5, dash 2, dash 3 or dash 5 bulk and density designations.

Permitted uses

Include but are not limited to:

Bank
Day care facility
General retail
Restaurant
Hospital / medical center
Housing-Senior
Commercial laundry
Manufacturing
Mixed use building
Office

Property details

Interior

Additional Rooms Information
Basement: Unfinished

Equipment
# Of Dishwashers: 10
# Of Ranges: 10
# Of Washers: 10
# Of Dryers: 10
Washer/Dryer Lsd (Y/N): No

Unit Type 1 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 4
Monthly Income: $1,850
Monthly Income Max: $2,085

Unit Type 2 Information
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 2
Monthly Income: $1,430
Monthly Income Max: $1,550

Unit Type 3 Information
# of Rooms: 7
# of Bedrooms: 3
# of Bathrooms (Total): 2
# of Full Bathrooms: 2
# of Units: 4
Monthly Income: $2,350
Monthly Income Max: $2,600

Exterior

Building Information
# of Units: 10
Built Before 1978 (Y/N): Yes
Roof: Membrane, Reflective Coating, Rubber
Foundation Details: Block, Brick/Mortar, Concrete Perimeter
Construction Materials: Brick

Property Information
Property Type: Multi Family 5+
Parcel Number: 17203260370000

Land Information
Land Amenities: Curbs and Gutters,Sidewalks

Lot Information
Dimensions: 33X126
Zoning: MULTI

Financial

Tax Information
Tax Annual Amount: $22,422
Tax Year: 2023

Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 10.4
Total Monthly Income: $20,859
Gross Income: $250,308

Utilities

Utility Information
Electric: Circuit Breakers, Separate Meters

Heating & Cooling
Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Gas
Cooling: Central Air, Central Individual

Location

Location Information
Township: West Chicago
Directions: 18th & Racine, South to 1946 on West Side of the Street.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: —

Home facts updated by county records on Feb 18, 2017

Other

Expense Information
Water Sewer Expense: $5,000
Electric Expense: $1,447
Trash Expense: $1,891
Insurance Expense: $5,207

Listing Information
Some Photos Virtually Staged?: No

Around this home

Schools

Perez Elementary School

Public PreK-8 • Assigned • 0.1mi

7/10

Juarez Community Academy High School

Public 9-12 • Assigned • 0.4mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Chicago, IL • 60608

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

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Home values near 1946 S Racine Ave

Data from public records.

Address	Redfin Estimate
1937 South Racine Ave, Chicago, IL 8 Beds \| 4 Baths \| - Sq. Ft.	$633,068
1940 South Racine Ave, Chicago, IL 3 Beds \| 4 Baths \| 2763 Sq. Ft.	$764,587

Address	Redfin Estimate
2000 South Racine Ave Apt 4400, Chicago, IL 4 Beds \| 4 Baths \| 2436 Sq. Ft.	$528,009
1938 South Racine Ave Apt 2, Chicago, IL 6 Beds \| 2 Baths \| 2586 Sq. Ft.	$595,170

Address	Redfin Estimate
1944 South Racine Ave, Chicago, IL 9 Beds \| 5 Baths \| 8990 Sq. Ft.	$891,243
1936 South Racine Ave, Chicago, IL 5 Beds \| 3 Baths \| 5632 Sq. Ft.	—

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in Pilsen Historic District, IL

Sale history for 1946 S Racine Ave

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 60608

Home values near 1946 S Racine Ave

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