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About this home
Prime Bridgeport 3-Unit Investment Opportunity! Unlock the potential of this well-located 3-unit property in the heart of Bridgeport-an area poised for continued growth and development. Perfect for investors, rehabbers, or savvy buyers looking to add value, this property offers a versatile layout with excellent upside potential. The first-floor unit features 2 bedrooms, 1 full bath, kitchen, and living room. The second-floor unit offers 2 bedrooms, 1 full bath, kitchen, and living room. The third unit includes 1 bedroom and a full master bath, providing additional flexibility for rental income or owner-occupancy. Ideally situated just steps from public transportation, neighborhood restaurants, shopping, parks, White Sox Park, and University campuses. Enjoy access to the lakefront, South Loop, Downtown Chicago, and major expressways, making this a prime location for tenants and investors alike. Bring your vision and rehab ideas-this is an opportunity to transform a solid 3-unit property into a strong income-producing asset in one of Chicago's exciting investment areas! Sold As-Is!!!
Bridgeport, located between the South Branch of the Chicago River and the Dan Ryan Expressway, is a historic and industrial Chicago neighborhood with brick two-flats and working waterfront edges. The neighborhood’s character concentrates around Halsted Street near 31st Street, where corner taverns, old-school bakeries, and small storefronts set a steady, lived-in rhythm. Sox Park (Guaranteed Rate Field) anchors game-day energy and skyline views. Bridgeport Art Center fills a former factory with galleries and studios, adding a creative counterpoint to the area’s grit. Palmisano Park’s quarry-turned-hilltop paths and ponds bring open space into the street grid. Rows of workers’ cottages and loft conversions sit beside rail lines, warehouses, and pocket parks.
Provided by Walk Score and Local Logic
Offer insights
3249 S Racine Ave · $299,900
$315K and above
75% chance or better to win
Why $315K+ is a strong offer
DAYS ON MARKET
5 days
The average home goes pending in 67 days.
SALE-TO-LIST
100.2%
Most homes are selling 0% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Finished full basement with walk-out access
9 total rooms
Curbs, sidewalks, street lights and paved streets in the neighborhood
Bedrooms
Five bedrooms total
Unit 1 (first floor): 2 bedrooms
Unit 2 (second floor): 2 bedrooms
Unit 3 (third floor): 1 bedroom
Bathrooms
One full bathroom per unit (three full bathrooms total)
Kitchen
No appliances or built-in features listed for units
Laundry & utility
No tenant-paid utilities or in-unit appliances listed
Heating & cooling
Other heating (unspecified)
Exterior features
Landscaped lot
Fenced yard
Lot dimensions approximately 25 x 125
Home design
Two-to-four unit property (3-unit building)
Originally constructed more than 100 years ago
Not a conversion; fee simple ownership
Parking
Detached garage (garage owned) with garage door opener
Approximately 2.5 garage/parking spaces total
Construction
Brick and vinyl siding exterior
Built before 1978
Utilities
Water from Lake Michigan / public water
Public sewer
Financial info
Special Service Area: No
Other
Possession at closing
Electricity and solar
View estimated energy costs and solar savings for this home
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60608
Average low and high temperatures (°F)
31
17
39
25
55
36
62
45
68
53
81
66
85
72
82
69
79
64
68
53
52
40
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
71/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.3 hrs
3.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3249 S Racine Ave
$306,817
$6,917 over list price of $300K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $330K to $500K.