Under contract

$384,900

5029 S Racine Ave, Chicago, IL 60609

8beds

--sqft

Est.:

Multi Family

Built in 1896

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Fantastic opportunity to build equity and expand your portfolio with this spacious multi-unit property in the Back of the Yards neighborhood! This property features 3 units: The first-floor unit boasts high ceilings, 4 generously sized bedrooms, a full bath, an eat-in kitchen, a spacious living room and a month-to-month tenant. The second-floor front unit includes 2 bedrooms, a full bath, a kitchen with granite countertops, new cabinets, and a living room. The second-floor rear unit offers 2 bedrooms, a full bath, an eat-in kitchen with granite countertops, newer cabinets, and laminate flooring. All units have their own forced air furnaces. Additional highlights include a large rear slab, perfect for exterior parking. Conveniently located near schools, parks, shopping, public transportation, and with easy access to the highway, this property is a smart investment!

23 days

193

13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls

Features

Basement: Unfinished,Partial

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Property

Parking

Total spaces: 4
Parking features: Driveway, Alley Access, Yes, Owned
Uncovered spaces: 4

Features

Patio & porch: Porch

Lot

Size: 6,534 Square Feet
Dimensions: 25 x 121
Features: Common Grounds

Details

Additional structures: None
Parcel number: 20082140110000
Zoning: MULTI
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Architectural style: Brownstone
Property subtype: Multi Family

Materials

Brick
Foundation: Brick/Mortar, Stone
Roof: Asphalt,Flat

Condition

New construction: No
Year built: 1896

Utilities & green energy

Sewer: Storm Sewer
Water: Lake Michigan

Community & HOA

Community

Features: Park, Sidewalks, Street Lights, Street Paved
Subdivision: Back of the Yards

Location

Region: Chicago

Financial & listing details

Tax assessed value: $120,000
Annual tax amount: $2,531
Date on market: 4/27/2026
Cumulative days on market: 528 days
Listing agreement: Exclusive Right To Sell

Estimated market value

Not available

Estimated sales range

Not available

$1,532/mo

Price history

Date	Event	Price
4/11/2024	Sold	$155,000-7.2%
Source: Public Record Report a problem
11/2/2017	Sold	$167,000+7.1%
Source: MRED as distributed by MLS GRID #09484155 Report a problem
8/24/2017	Pending sale	$155,900
Source: United Real Estate - Chicago #09484155 Report a problem
5/6/2017	Price change	$155,900-2.5%
Source: United Real Estate - Chicago #09484155 Report a problem
1/24/2017	Listed for sale	$159,900+527.1%
Source: United Real Estate - Chicago #09484155 Report a problem
5/10/2013	Sold	$25,500+0.8%
Source: Public Record Report a problem
2/21/2013	Sold	$25,300-27.7%
Source: MRED as distributed by MLS GRID #08131991 Report a problem
11/4/2012	Price change	$35,000-22.2%
Source: RE/MAX Enterprises #08131991 Report a problem
8/29/2012	Listed for sale	$45,000+196.1%
Source: CirclePix #08131991 Report a problem
10/13/2009	Sold	$15,200-94%
Source: Agent Provided Report a problem
12/16/2004	Sold	$255,000+15.9%
Source: Public Record Report a problem
4/30/2004	Sold	$220,000+450%
Source: Public Record Report a problem
6/12/1995	Sold	$40,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2023	$2,532 +2.6%	$12,000
2022	$2,468 +2.3%	$12,000
2021	$2,413 +38.9%	$12,000 +53.8%
2020	$1,738 -3.5%	$7,801 -13%
2019	$1,802 +1.7%	$8,967
2018	$1,771 -51%	$8,967 -46.6%
2017	$3,612 +7.5%	$16,778
2016	$3,360 +9.3%	$16,778
2015	$3,074 +43.7%	$16,778 +45.5%
2014	$2,139 +2%	$11,528
2013	$2,097 +1.4%	$11,528
2012	$2,069 -12.1%	$11,528 -20.6%
2011	$2,354 -0.4%	$14,528
2010	$2,364 +4.4%	$14,528
2009	$2,265 -34.9%	$14,528 -40.1%
2008	$3,482 +1%	$24,273
2007	$3,447 -1.1%	$24,273
2006	$3,485 +241.7%	$24,273 +289%
2005	$1,020 +1%	$6,240
2004	$1,009 +2.2%	$6,240
2003	$987	$6,240

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Back of the Yards

Getting around

67 / 100

Somewhat Walkable

61 / 100

Good Transit

62 / 100

Bikeable

Nearby schools

GreatSchools rating

3/10
Sherman School of Excellence
Grades: PK-8Distance: 0.3 mi
1/10
Tilden Career Communty Academy High School
Grades: 9-12Distance: 0.7 mi

Schools provided by the listing agent

District: 299

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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