$74,900
5245 S Racine Avenue
Chicago, IL, 60609
Unlock value and long term upside with this strategically located investment property in the heart of Chicago’s South Side. Situated in the New City / Back of the Yards area this home presents a strong value add opportunity for investors seeking appreciation redevelopment potential or long term portfolio growth. A brand new roof has already been completed removing a major capital expense and adding immediate value for the next owner a significant advantage for investors planning renovations or long term holds. Bring your vision run the numbers and capitalize on an opportunity in an established Chicago neighborhood with strong long term potential.
Property Details
Price:
$74,900
MLS #:
MRD12538330
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Neighborhood:
chinewcity
Listed Date:
Dec 30, 2025
Finished Sq Ft:
903
Year Built:
1895
Schools
School District:
299
Interior
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
None
Heating
Forced Air
Exterior
Construction Materials
Brick
Parking Features
Yes, Detached, Garage
Parking Spots
2
Financial
HOA Frequency
Not Applicable
HOA Includes
None
Tax Year
2023
Taxes
$323
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Single Family in Chicago as of Jan 09, 2026
2,325
Single Family Listed
82
Avg DOM
210
Avg $ / SqFt
$474,331
Avg List Price
Community
- Address5245 S Racine Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60609
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Property Summary
- 5245 S Racine Avenue Chicago IL is a Single Family for sale in Chicago, IL, 60609. It is listed for $74,900 and features 2 beds, 2 baths, and has approximately 903 square feet of living space, and was originally constructed in 1895. The current price per square foot is $83. The average price per square foot for Single Family listings in Chicago is $210. The average listing price for Single Family in Chicago is $474,331. To schedule a showing of MLS#mrd12538330 at 5245 S Racine Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
5245 S Racine Avenue
Chicago, IL
