4700 N Racine, Chicago, IL 60640

Building Details

Year Built

1911

Listing agent Katie LeGrand License ##475.201874

Listing office k***@kisergroup.com Show Phone

Listing date Jun 2, 2026

Source Kisergroup

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Katie LeGrand

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Overview

This boutique 48-unit walk-up apartment building offers studios and one- and two-bedroom layouts with modernized interiors following a 2019 gut rehab. Units feature updated finishes including stainless steel appliances and granite countertops, along with in-unit laundry. Community amenities include a fitness room and an outdoor patio, supporting day-to-day tenant comfort in a compact, efficient setting.

The property is steps to Uptown’s thriving Broadway retail corridor and entertainment district. It is also well positioned for public transit access, with the Lawrence and Wilson CTA Red Line stations each approximately 0.2 miles away, and the lakefront about 0.7 miles from the building.

With its complete modernization and strong convenience to both transit and neighborhood amenities, the building is well suited for investors or operators looking for a residential income asset in a walkable, amenity-rich area. The mix of studio through two-bedroom homes can help broaden demand across different renter types, while the in-unit laundry and on-site fitness and patio space add practical value for day-to-day livability.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.6600561

Latitude

41.9673905

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FAQs

What type of property is this?

Apartment building - 2019 gut-rehab studios and 1–2 bedroom apartments with modern finishes, in-unit laundry, fitness, and an outdoor patio.

Where is this apartment building located?

The property is located at 4700 N Racine Chicago, IL.

What is the asking price?

The asking price for this property is $6,750,000.

What are key features of this property?

This property features: 48‑unit walk‑up building (former Darlington Hotel) built in 1911 in Chicago’s Sheridan Park neighborhood; 2019 gut rehab with studio, and 1- and 2‑bedroom apartments; Modernized unit finishes with stainless steel appliances and granite countertops