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Listing provided courtesy of Equity RealtyMREDas Distributed by MLSGrid- MLS# 12600280MLS Provider

4942 S RACINE AvenueChicago, IL 60609

Multi-Family · 4 Beds
$260,000 Active

4942 S RACINE Avenue Overview

Time on Site:
97 days
Visits:
0

Motivated Seller! 2 flat features large apartments, 4 bedrooms, 2 bathrooms including a full, unfinished basement with 4 parking spaces. Perfect for an owner occupied buyer, or investor looking for cash flow. For an owner occupied buyer this building would be cheaper than paying rent since the income covers a portion of the mortgage and expenses.

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4942 S RACINE Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1914

Location/Region

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

Tax Information

  • Tax Annual Amount: $1,594.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20081230420000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 4
  • Bedrooms Possible: 4
  • Full Baths Building: 2

General Information

  • Basement: Unfinished, Full
  • Heating: Natural Gas, Forced Air
  • Rooms Total: 8

Exterior

Parking Information

  • Parking Features: Yes, Other
  • Parking Total: 4

Lot Information

  • Lot Size Dimensions: 25 X 125
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Aluminum Siding, Vinyl Siding, Steel Siding, Brick

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1120
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1

4942 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.

4942 S RACINE Avenue Monthly Cost

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Jeremy Woods
* 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.

4942 S RACINE Avenue Market Data

Based on the last 30 days in this zip code

$297,104
Average List Price
$204
Average Price per Square Foot
15
Properties Sold
81
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network

4942 S RACINE Avenue History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/22/2026Source: MRED Status Change
Re-activated
6/9/2026Source: MRED Status Change
Contingent
4/18/2026Source: MRED Status Change
Active
4/13/2026Source: MRED Status Change
Re-activated
3/30/2026Source: MRED Status Change
Contingent
3/29/2026Source: MRED Status Change
Active
3/24/2026Source: MRED Added to Database
March 24, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022