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.
Active
$250,000
4942 S Racine Ave, Chicago, IL 60609
4beds
--sqft
Est.:
Multi Family
Built in 1914
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Four on-site parking spacesSpacious apartmentsGenerous living spaceAmple storageFull unfinished basement
- 24 days
- on Zillow |
- 612 |
- 71 |
Zillow last checked: 7 hours ago
Listing updated: May 30, 2025 at 06:13am
Listing courtesy of:
Jonathan Gil 773-469-1677,
Equity Realty,
Natalia Gil 773-314-6788,
Equity Realty
Source: MRED as distributed by MLS GRID,MLS#: 12374272

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 4
- Parking features: On Site, Other
Lot
- Size: 3,125 Square Feet
- Dimensions: 25 X 125
Details
- Parcel number: 20081230420000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding, Steel Siding, Brick
Condition
- New construction: No
- Year built: 1914
- Major remodel year: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Annual tax amount: $1,594
- Date on market: 5/24/2025
- Ownership: Fee Simple
- Loading
- Loading