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$80,000

  • For Sale
  • Active
  • Commercial
  • Updated 6 days ago
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Excellent mixed-use opportunity with two apartments and a street-facing commercial space. This versatile property includes two full baths and two half baths, allowing for flexible residential and business use. A 2-car garage provides additional income potential or future tenant convenience!

Full Property Details for 7316 S Racine Ave

General

  • Price: $80,000
  • Taxes: $1,366 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12540548
  • Updated: 1/11/2026
  • Added to Site: 13 day(s) ago

Location

  • Area: CHI - West Englewood
  • County: Cook
  • Driving Directions: West on 79th st, South on Racine
  • Location Details: Chicago South

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Gas

Structural Information

  • Stories/Levels: 2
  • # of Stores: 1
  • Year Built: 1930
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 3,125
  • Lot Dimensions: 25 x 125

Financial Considerations

  • Assessment Year: 1930
  • Tax Amount: $1,366.34
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 20291240610000

Listed by Cloud Gate Realty LLC

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Listing agent

— 7316 S Racine Ave —

  • Cloud Gate Realty LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 7316 S Racine Ave

School District:Chicago Public School District 299
NameGradesDistance
Stagg Elementary School
7424 South Morgan Street, Chicago, IL 60621
K-80.3 mi
Hirsch Metropolitan High School
7740 South Ingleside Avenue, Chicago, IL 60619
9-122.7 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 7316 S Racine Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Listed
$80,000
34.45%
MLS
3/13/2025
Sold
$59,500
—
Public Record
Get Price Alerts and Save Property
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 for 7316 S Racine Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,055
3%
$4,999
—
2022
$1,028
2%
$4,999
—
2021
$1,005
-31%
$4,999
-24%
2020
$1,467
-2%
$6,585
-12%
2019
$1,504
2%
$7,484
—
2018
$1,478
-46%
$7,484
-41%
2017
$2,746
7%
$12,756
—
2016
$2,555
9%
$12,756
—
2015
$2,337
5%
$12,756
6%
2014
$2,230
2%
$12,020
—
2013
$2,186
1%
$12,020
—
2012
$2,157
—
$12,020
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Cloud Gate Realty LLC

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7316 S Racine Avenue, Chicago, IL 60636 (MLS# 12540548) is a Commercial property. 7316 S Racine Avenue is currently listed for $80,000 and was received on January 05, 2026. Want to learn more about 7316 S Racine Avenue? Do you have questions about finding other Commercial real estate for sale in West Englewood? You can browse all West Englewood real estate or contact a Coldwell Banker agent to request more information.

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