11
See all 11 photos
$250,000
Est. payment /mo
4 Beds
2 Baths
Active
4942 S RACINE AVE Chicago, IL 60609
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12374272
Bedrooms 4
Year Built 1914
Annual Tax Amount $1,594
Tax Year 2023
Lot Dimensions 25 X 125
Property Sub-Type Two to Four Units
Property Description
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.
Location
State IL
County Cook
Area Chi - New City
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Aluminum Siding,Vinyl Siding,Steel Siding,Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Aluminum Siding,Vinyl Siding,Steel Siding,Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jonathan Gil • Equity Realty
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