Income-Producing 2-Unit Building in Chicago - 7411 S. Racine Ave. Don't miss this opportunity to own an income-producing property with extremely low property taxes! This two-unit building features two apartments remodeled in 2015, offering a great opportunity for investors or owner-occupants looking to generate rental income. Property improvements include updated electrical and plumbing systems, remodeled bathrooms, some newer flooring, newer vinyl windows, updated doors, and a newer roof. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this property offers excellent potential. Don't miss out on this investment opportunity!
Active
$220,000
7411 S Racine Ave, Chicago, IL 60636
4beds
--sqft
Multi Family
Built in ----
-- sqft lot
$218,600 Zestimate®
$--/sqft
$-- HOA
What's special
Newer vinyl windowsNewer roofNewer flooringRemodeled bathroomsUpdated doors
- 29 days
- 258
- 30
Zillow last checked:
Listing updated:
Listed by:
Gerald Fuentes 773-744-9616,
Hometown Real Estate Group
Source: MRED as distributed by MLS GRID,MLS#: 12782477
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: Partially Finished,Full
Property
Lot
- Size: 3,049 Square Feet
Details
- Parcel number: 20292240050000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Frame
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Major remodel year: 2015
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $34,010
- Annual tax amount: $708
- Date on market: 10/10/2026
- Ownership: Fee Simple
Estimated market value
$218,600
$208,000 - $230,000
$1,358/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2026 | Listed for sale | $220,000+1900% |
Source:  MRED as distributed by MLS GRID #12782477 Report a problem | ||
| 9/16/2015 | Sold | $11,000 |
Source: Public Record Report a problem | ||
| 1/9/2015 | Sold | $11,000 |
Source: MRED as distributed by MLS GRID #08789353 Report a problem | ||
| 11/20/2014 | Listed for sale | $11,000-95% |
Source: Smith Partners & Associates #08789353 Report a problem | ||
| 11/13/2008 | Sold | $220,000+1057.9% |
Source: Public Record Report a problem | ||
| 12/4/2007 | Sold | $19,000-88.1% |
Source: MRED as distributed by MLS GRID #06693519 Report a problem | ||
| 9/27/2004 | Sold | $160,000+128.6% |
Source: Public Record Report a problem | ||
| 8/2/2004 | Sold | $70,000+100% |
Source: Public Record Report a problem | ||
| 2/19/2004 | Sold | $35,000-27.1% |
Source: Public Record Report a problem | ||
| 11/17/1999 | Sold | $48,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $21 -97% | $3,401 +2.1% |
| 2023 | $703 +390455.5% | $3,332 |
| 2022 | $0 | $3,332 |
| 2021 | $0 | $3,332 -34.3% |
| 2020 | $438 -61.3% | $5,069 -10% |
| 2019 | $1,132 +1.7% | $5,633 |
| 2018 | $1,113 -12.5% | $5,633 -4.7% |
| 2017 | $1,272 +7.5% | $5,910 |
| 2016 | $1,184 +9.3% | $5,910 |
| 2015 | $1,083 +9.1% | $5,910 +10.5% |
| 2014 | $992 +2% | $5,348 |
| 2013 | $973 +1.4% | $5,348 |
| 2012 | $960 -32.6% | $5,348 -39.1% |
| 2011 | $1,423 -0.4% | $8,781 |
| 2010 | $1,429 +57.6% | $8,781 |
| 2009 | $907 -50.9% | $8,781 -31.8% |
| 2008 | $1,847 +1% | $12,875 |
| 2007 | $1,829 -1.1% | $12,875 |
| 2006 | $1,848 +70.8% | $12,875 +94.4% |
| 2005 | $1,082 +1% | $6,622 |
| 2004 | $1,071 +2.2% | $6,622 |
| 2003 | $1,048 +43% | $6,622 +62.3% |
| 2002 | $733 +3.8% | $4,079 |
| 2001 | $706 +14% | $4,079 |
| 2000 | $620 | $4,079 +26.4% |
| 1999 | -- | $3,227 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Englewood
Nearby schools
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