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$3,100,000
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Property Description
West Loop Development Opportunity. The three-story brick building includes approximately 16,905 Gross Square Feet above grade, two garage parking spaces, and two outdoor parking spaces. Located one block from Skinner Park, Montessori School, Target and more in Chicago's most in-demand neighborhood. The neighborhood boasts high-profile headquarters including Google, McDonald's, WPP, Tik Tok, Ernst & Young, John Deere, Aspen Dental, Kimberly-Clark, Tock, CCC, MoLo Solutions, Chan-Zuckerberg Biohub and more. Located within T.O.D. boundaries and within the City of Chicago's Near West Downtown Expansion Area. Excellent public transportation access including Racine Blue Line CTA Station, Metra/Amtrak Stations (Union Station), and I-90/94 Expressway Access.
Full Property Details
Full Property Details for 125 S Racine Ave
General
- Sold For: $3,100,000
- Taxes: $40,625 (2022)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12173068
- Added to Site: 478 day(s) ago
Location
- Area: CHI - Near West Side
- County: Cook
- Driving Directions: On S Racine Ave between Monroe & Adams
Heating & Cooling
- Heating Type: Central Heat/Individual Controls, Radiators
Structural Information
- Stories/Levels: 3
- Square Feet: 16,905
- Year Built: 1943
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,571
- Lot Dimensions: 75 x 105
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1943
- Tax Amount: $40,625
- Tax Year: 2022
Disclosures and Reports
- Property ID: 17172100320000
Listed by Sperry Van Ness
Sold by Baird & Warner Fox Valley - Geneva
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Schools
Schools serving 125 S Racine Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Skinner Elementary School 111 South Throop Street, Chicago, IL 60607 | PK-5 | 0.1 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 125 S Racine Ave
Date
Details
Price
Change
Source
8/29/2025
Sold
$3,100,000
-22.48%
MLS
9/25/2024
Listed
$3,999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
125 S Racine Avenue, Chicago, IL 60607 (MLS# 12173068) is a Commercial property that was sold at $3,100,000 on August 29, 2025. Want to learn more about 125 S Racine Avenue? Do you have questions about finding other Commercial real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.

