Hard to say track bike toe clips can be added. Looks like a small bike..I might be interested in it you need better pics though. I see bikes priced all over the place.. it’s really hard to say a value...to you really get a good picture of it.. let me know if you sell..
From my Tribune (1894-1902) research, the Racing Models typically weighed 18-19 pounds where the more durable road models were 20-24 pounds. They were lighter because frame tubing and connections were thinner and they used lighter racing rims and tires. Racing tires were listed at 1-3/8" instead of typical road tires at 1-1/2" or 1-5/8". Also the frame geometry was slightly different. Tribune racing frames had 3" drop from line of axles to center of crank. Road models had 1-1/2" +/- drop. Specifications varied slightly over the various years of production but the pattern of racers being lighter than road versions was consistent. Overall though, the road and race versions look pretty much similar to each other. Racing handle bars, seats, and pedals can make most any TOC frame look like a racer.
Here is an 1897 Tribune Special Racer and a Special Racer Tandem (both nameplates say "Special"):