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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Chicago, IL.
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
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Bronzeville Classical Elementary School
8 W Root St
Distance between this listing and this school1.88 miles
Public District Grades KG-4
6
/10
Shields Elementary School
4250 S Rockwell St
Distance between this listing and this school2.04 miles
Public District Grades PK-4
6
/10
N. Greene Elementary School
3525 S Honore St
Distance between this listing and this school2.06 miles
Public District Grades KG-5
Nearby Schools
3
/10
Sherman Elementary School
1000 W 52nd St
Distance between this listing and this school0.28 miles
Public District Grades PK-8
2
/10
Hamline Elementary School
4747 S Bishop St
Distance between this listing and this school0.47 miles
Public District Grades KG-8
4
/10
Libby Elementary School
5300 S Loomis Blvd
Distance between this listing and this school0.49 miles
Public District Grades KG-8
Nearby Schools
1
/10
Richards Career Academy High School
5009 S Laflin St
Distance between this listing and this school0.37 miles
Public District Grades 9-12
1
/10
Tilden Career Community Academy High School
4747 S Union Ave
Distance between this listing and this school0.73 miles
Public District Grades 9-12
7
/10
Back of the Yards International Baccalaureate High School
2111 W 47th St
Distance between this listing and this school1.25 miles
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.
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.