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    521 N Racine Ave, Unit 1 Chicago, IL 60622

    For Lease
    $2,750 /Mo

    Two-bedroom apartment with modern amenities and convenient location.

    Property Features for 521 N Racine Ave

    General Information

    Interior features
    Interior Feature 1, : "Forced Air", "Interior Feature 2": "Central Air", "Interior Feature 3": "Natural Gas", "Interior Feature 4": "Range", "Interior Feature 5": "Microwave", "Interior Feature 6": "Dishwasher", "Interior Feature 7": "Washer", "Interior Feature 8": "Dryer", "Interior Feature 9": "Disposal", "Interior Feature 10": "Stainless Steel Appliance(s)"
    Exterior features
    exterior_features, : ["Patio"]

    Building Details

    Year built
    2005

    Source: Compass Agent Stephanie Englund Siegel

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

    Overview

    Spacious Apartment Near the Loop

    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.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6570059
    Latitude
    41.8917737

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    FAQs

    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 Ave, Unit 1 Chicago, IL.
    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).
    Request Owner's contact information
    521 N Racine Ave, Unit 1 Chicago, IL 60622
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    521 N Racine Ave, Unit 1 Chicago, IL 60622
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