The station opened on June 22, 1958 and is almost identical to every other station built in the median of the Eisenhower Expressway, including an island platform, a small station house on Racine's and Loomis's overpass containing only a ticket booth and turnstiles and a long, enclosed, sloping passageway/ramp connecting the two. The station is an A-B station which is the skip-stop type.
The station is located at 430 South Racine Avenue and gives access to the University Village neighborhood and the western end of the UIC campus. It is in the Eisenhower Expressway median at surface level. The Loomis Street entrance to the Racine station is located near Whitney M. Young Magnet High School and Andrew Jackson Language Academy.