$250,000
4942 S RACINE Avenue
Chicago, IL, 60609
Discover this beautifully renovated two-flat property, featuring spacious apartments with a total of 4 bedrooms and 2 bathrooms. Each unit offers generous living space, complemented by a full, unfinished basement that provides ample storage or potential for additional living areas. Situated on a 3,125 sq ft lot, the property includes four on-site parking spaces, a rare find in the area. This multi-family home combines classic charm with modern updates, making it ideal for both owner-occupants and investors seeking cash flow. The current rental income can significantly help mortgage expenses, potentially making ownership more affordable than renting. Located in the vibrant New City neighborhood, residents enjoy easy access to local amenities, schools, and public transportation. The property’s strategic location and features make it a standout choice for those looking to invest in Chicago’s dynamic real estate market. Don’t miss out on this unique opportunity to own a piece of Chicago’s architectural history with modern conveniences. Contact us today to schedule a viewing and explore the potential that awaits.
Property Details
Price:
$250,000
MLS #:
MRD12374272
Status:
Active
Beds:
4
Baths:
2
Address:
4942 S RACINE Avenue
Type:
Multi Family
Neighborhood:
CHI – New City
City:
Chicago
Listed Date:
May 22, 2025
State:
IL
ZIP:
60609
Year Built:
1914
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air
Exterior
Construction Materials
Aluminum Siding, Vinyl Siding, Steel Siding, Brick
Parking Features
On Site, Other
Parking Spots
4
Financial
Tax Year
2023
Taxes
$1,594
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Similar Listings Nearby
- 2250 S Sacramento Avenue
Chicago, IL$325,000
4.22 miles away
- 8019 S Vernon Place
Chicago, IL$325,000
3.82 miles away
- 6639 S Rhodes Avenue
Chicago, IL$325,000
2.48 miles away
Chicago, IL$325,000
3.72 miles away
- 7916 S Dorchester Avenue
Chicago, IL$324,900
3.70 miles away
- 5706 S Peoria Street
Chicago, IL$324,900
3.28 miles away
- 6523 S Evans Avenue
Chicago, IL$320,000
2.38 miles away
- 8014 S JEFFERY Boulevard
Chicago, IL$320,000
3.86 miles away
- 6948 S EBERHART Avenue
Chicago, IL$319,900
4.44 miles away
- 2251 S Kirkland Avenue
Chicago, IL$319,000
4.34 miles away

4942 S RACINE Avenue
Chicago, IL
LIGHTBOX-IMAGES