5029 S Racine Avenue Chicago, IL ^$ 384,900

5029 S Racine Avenue

^$ 384,900

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5029 S Racine Avenue

Chicago, IL, 60609

^$ 384,900

Bedrooms8 Baths3.0 Sq 2,555

Monthly Estimate*

^$ 2,401

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Multi-Family Home for sale in Chicago, IL

for $384,900 with 8 bedrooms and 3 full baths. This 2,555 square foot home was built in 1896 on a lot size of 0.15.

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!

Multi-Family Active

Price

^$ 384,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,531

Style

Brownstone

Lot Size

0.15

Year Built

1896

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12254220

Features

General

Sewer Storm Sewer

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

Possession Closing

Roof Asphalt Flat

Zoning MULTI

Architectural Style Brownstone

Construction Materials Brick

Year Built 1896

Township Lake

Tax Year 2023

Ownership Fee Simple

Community Features Park Sidewalks Street Lights Street Paved

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Subdivision Name Back of the Yards

Other Structures None

Total Rooms 14

Status Active

Directions Head west on W 47th St Turn left onto S Racine Ave -- Destination will be on the left.

City Chicago

High School District 299

MLS Area CHI - New City

Tax Annual Amount 2531.91

Additional Parcels Y/N N

Virtual Tour https://vimeo.com/1037521633

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Unfinished Partial

Total Bedrooms 8

Total Baths 3

Bedrooms Possible 8

Full Baths Building 3

Half Baths Building 0

Total Number of Units 3

Exterior

Parking Features Driveway Alley Access On Site Owned

Lot Features Common Grounds

Water Source Lake Michigan

Total Parking 4

Foundation Details Brick/Mortar Stone

Lot Dimensions 25X121

Lot Size Acres 0.15

Waterfront Y/N N

* Excluded Features

List By

Re/Max Partners

Broker

joseleonrealestate@gmail.com

Affordability Calculator

$2,612

Per Month

Monthly Principal & Interest: $2,401
Monthly Property Taxes: $211
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$615,846

Percent of Sale Price 60%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/14/2025	$384,900	-3.75%	Price Down
4/8/2025	$399,900	-4.76%	Price Down
12/11/2024	$419,900		Listed Price

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5029 S Racine Avenue, Chicago, IL, 60609 is a Multi-Family Home for sale at $384,900 with 2,555 sqft and a lot size of 0.15. 5029 S Racine Avenue has 8 bedrooms, 3.0 baths, and was built in 1896. The property's zip code is 60609 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/8/2025.

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5029 S Racine Avenue

Multi-Family Home for sale in Chicago, IL

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