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Spacious Apartment Near the Loop
For Lease
$2,750/Mo

521 N RACINE Avenue #1, Chicago, IL 60622

Two-bedroom apartment with modern amenities and convenient location.

Space SizeContact for details
Days on Market272

Property Features for 521 N RACINE Avenue #1

General Information

Standard status Active
Property subtype Condominium
Lease Type /mo

Amenities

Forced Air
Natural Gas
Central Air
Range
Microwave
Dishwasher
Washer
Dryer
Disposal
Stainless Steel Appliance(s)
Patio

Building Details

Year Built 2005
Listing Agency: Compass
Listed By: Stephanie Englund Siegel · License #477013952
Source: Kw
Added: Nov 10, 2025 Changed: Aug 8 Last Checked: Jul 16 at 3:54AM

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 Compass

Investment Insights

Based on property information with market context.

This 2-bedroom, 2-bathroom home features 12-foot high ceilings. The modern kitchen is equipped with stainless steel appliances. In-unit laundry is available. Central AC and gas heat provide climate control, with forced air and a range included. On-site and assigned parking spots are available. The lowrise building is pet-friendly and includes a patio. Located near the Loop, the property is near expressways, the Blue Line, and dining and nightlife on Grand Avenue, Fulton Market, and the West Loop.

Key Highlights

  • Prime location near the Loop, expressways, Blue Line, Grand Avenue, Fulton Market, and the West Loop.
  • Includes assigned on‑site parking.
  • Features the convenience of in‑unit laundry (washer and dryer).

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Carpet & Flooring Store (Bike/Boat/Book/etc) Store Adult Day Care Bed & Breakfast Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,246
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-bedroom apartment with modern amenities and convenient location.
Where is this apartment building located?
The property is located at 521 N RACINE Avenue #1 Chicago, IL.
What is the lease rate?
The lease rate is $2,750/Mo.
What are key features of this property?
This property features: Prime location near the Loop, expressways, Blue Line, Grand Avenue, Fulton Market, and the West Loop.; Includes assigned on‑site parking.; Features the convenience of in‑unit laundry (washer and dryer).
More about this property
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