Chicago, IL 60609 4942 S RACINE Avenue
$250,000



6 more







Presented By: Equity Realty
Home Details
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.
Presented By: Equity Realty
Interior Features for 4942 S RACINE Avenue
Bedrooms
Bedrooms Possible4
Total Bedrooms4
Bathrooms
Full Baths Building2
Half Baths Building
Total Baths2
Other Interior Features
BasementUnfinished, Full
Total Number of Units2
General for 4942 S RACINE Avenue
CityChicago
Construction MaterialsAluminum Siding, Vinyl Siding, Steel Siding, Brick
CountyCook
DirectionsRACINE (1200W) NORTH OR SOUTH TO PROPERTY (4942S)
Elementary School District299
HeatingNatural Gas, Forced Air
High School District299
MLS AreaCHI - New City
Middle/Junior School District299
ModificationTimestamp2025-08-12T14:24:01.714Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing, Immediate, Tenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount1594
Tax Year2023
Total Rooms8
TownshipSouth Chicago
Year Built1914
ZoningMULTI
Exterior for 4942 S RACINE Avenue
Lot Dimensions25 X 125
Parking FeaturesOn Site, Other
Total Parking4
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
