new - 7 days on rocket

5029 S Racine Ave, Chicago, IL, 60609

$419,900

Home List Price

$4,986*

Closing Credit

8 Bedrooms
3 Baths
House

Location

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5029 S Racine Ave, Chicago$419,900

Buyer Closing Credits

$4,986*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDriveway, Alley Access
Year Built1896
HeatingNatural Gas, Forced Air, Other
BasementYes
MLS #12254220
Lot Size0.15 Acres
StatusActive

About 5029 S Racine Ave

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Brownstone
  • Year Built: 1896

Listing Office:

  • Office Name: RE/MAX Partners
  • Office Phone: (708) 484-2300
  • Listing Agent: Jose Leon

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Driveway, Alley Access

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Other

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $419,900

Tax Information:

  • Annual Amount: $1,802
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$363.9K

Med. Price/SqFt

$260

Avg. Days On Market

33

# of Sold Homes

1620

5029 S Racine Ave vs Chicago

7 DAYS ON ROCKET

-26 Days

$419,900

+$55.9K More

KEY TAKEAWAY

This property is $55.9K more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12254220

Listing Office:

  • Office Name: RE/MAX Partners
  • Office Phone: (708) 484-2300
  • Listing Agent: Jose Leon

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

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 the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 8:16:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 14, 2017Home Sold
$167,000
Nov 05, 2009Home Sold
$15,500
Dec 16, 2004Home Sold
$255,000
Apr 30, 2004Home Sold
$220,000
Dec 18, 2003Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2019$1,802$8,967
2018$1,771$8,967
2017$3,611$16,778

History based on county public records data.

Payment Calculator

$2,163

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,325

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4451664
10
/10
  • Bronzeville Classical Elementary School

  • 8 W Root St

  • 1.88 miles

  • Public District Grades KG-4

school-card-donut-4451665
6
/10
  • Shields Elementary School

  • 4250 S Rockwell St

  • 2.04 miles

  • Public District Grades PK-4

school-card-donut-4451666
6
/10
  • N. Greene Elementary School

  • 3525 S Honore St

  • 2.06 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,766. The majority of Chicago, IL residents have income less than $35k annually. Most families are single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5029 S Racine Ave

What is the listing price of this property?

The listing price of 5029 S Racine Ave property is $419,900.

What type of property is this?

The property 5029 S Racine Ave is a house located in Chicago, Illinois, 60609.

Is this property for sale now?

Active Listing: 5029 S Racine Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $1,802 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 14, 2017 for $167,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5029 S Racine Ave has 8 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 5029 S Racine Ave is 1896.

Rocket Homes›Illinois›Cook County›Chicago›60609›5029 S Racine Ave

This home is located at 5029 S Racine Ave in Chicago, IL and zip code 60609 in the Southwest Side neighborhood. This home, which was built in 1896, sits on a 0.15 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $419,900.

Over 521 listings were sold over their listed price in November 2024 in Chicago, IL. In the same period over 845 listings were sold below the listed price and 254 listings were sold for the listed price. The number of homes for sale in Chicago, IL increased by 2.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $363,936, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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