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$299,900 Just Listed
Property Description
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!!!
Full Property Details
Full Property Details for 3249 S Racine Ave
General
- Price: $299,900
- Taxes: $4,016 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12739237
- Updated: 8/27/2026
- Added to Site: 2 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 1
- Upper - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Bridgeport
- County: Cook
- Township: South Chicago
- Driving Directions: Halsted to 31st (west) to Racine (south) to Property
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement: Yes
- Basement Desc.: Finished, Full, Walk-Out Access
- Year Built: 1887
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Fence: Yes
- Lot Features: Landscaped
- Fencing (Description): Fenced
Financial Considerations
- Assessment Year: 1887
- Tax Amount: $4,016
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17322160070000
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Schools
Schools serving 3249 S Racine Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Armour Elementary School 950 West 33rd Place, Chicago, IL 60608 | K-8 | 0.3 mi |
Tilden Career Communty Academy High School 4747 South Union Avenue, Chicago, IL 60609 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3249 S Racine Ave
Date
Details
Price
Change
Source
8/26/2026
Listed
$299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3249 S Racine Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,016
—
$38,000
52%
2023
$4,016
4%
$25,000
—
2022
$3,876
1%
$25,000
—
2021
$3,822
18%
$25,000
24%
2020
$3,250
-5%
$20,175
-13%
2019
$3,419
2%
$23,190
—
2018
$3,359
-7%
$23,190
2%
2017
$3,595
-3%
$22,774
—
2016
$3,704
11%
$22,774
—
2015
$3,349
25%
$22,774
21%
2014
$2,687
3%
$18,887
—
2013
$2,615
—
$18,887
—
2012
$2,622
—
$18,887
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3249 S Racine Ave
3249 S Racine Avenue, Chicago, IL 60608 (MLS# 12739237) is a Multi-Family property with 3 units containing 5 bedrooms and 0 full bathrooms. 3249 S Racine Avenue is currently listed for $299,900 and was received on August 26, 2026. Want to learn more about 3249 S Racine Avenue? Do you have questions about finding other Multi-Family real estate for sale in Bridgeport? You can browse all Bridgeport real estate or contact a Coldwell Banker agent to request more information.
