Listing provided courtesy of RE/MAX PremierMREDas Distributed by MLSGrid- MLS# 12662042MLS Provider

4734 S Racine AvenueChicago, IL 60609

Multi-Family · 5 Beds
$129,900 Price Change

4734 S Racine Avenue Overview

Time on Site:
27 days
Visits:
1

Located in the highly sought after back of the yards community this jumbo two-unit building offers a pivot opportunity to a savvy buyer! Renovate the building, add value and live in one unit while renting the other out or use this as a straight investment property by renting both units while adding value, either way this is a win win situation! The building offers great size in both units with formal living room that features eastern exposure where tons of natural light shines in and flows effortlessly to a formal dining room! There are two bedrooms on the first-floor unit with three bedrooms on the second-floor unit. The basement is unfinished and can be duplexed into the main level unit while adding tons of equity upside! Having a deep lot with a two car garage is an added plus as well as being so close to the red line and Dan Ryan! Do not overlook the upside on this building in a market where you will rarely find value add multi units!

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4734 S Racine Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1888

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - New City
  • Township: Lake

Tax Information

  • Tax Annual Amount: $745.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20081070390000
  • Property Type: Residential Income
  • Special Listing Conditions: REO/Lender Owned
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 5
  • Bedrooms Possible: 5
  • Full Baths Building: 2

General Information

  • Basement: Unfinished, Full
  • Heating: Forced Air
  • Rooms Total: 11

Exterior

Parking Information

  • Parking Features: Yes, Garage Owned, Detached, Garage
  • Parking Total: 2

Lot Information

  • Lot Size Dimensions: 3000
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Aluminum Siding, Frame

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 1

4734 S Racine Avenue Neighborhood

Community

60609 (CHICAGO) Demographics

34
Median Age
7,786
Population Density (per sq. mile)
22%
College Educated
$40,324
Estimated Median Income
8,185
Estimated Total Home Owners
13,782
Estimated Total Renters
37% / 63%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4734 S Racine Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4734 S Racine Avenue Market Data

Based on the last 30 days in this zip code

$297,451
Average List Price
$205
Average Price per Square Foot
15
Properties Sold
80
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

4734 S Racine Avenue History

Date Event Value Agent
6/29/2026Source: MRED Price Reduction
$129,900 -3.7%
6/29/2026Source: MRED Status Change
Price Change
6/7/2026Source: MRED Status Change
Active
6/2/2026Source: MRED Added to Database
June 02, 2026