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!
Active
$134,900
4734 S Racine Ave, Chicago, IL 60609
5beds
--sqft
Multi Family
Built in 1888
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two car garageDeep lot
- 20 days |
- 1,196 |
- 77 |
Zillow last checked:
Listing updated:
Listed by:
Ryan Smith (708)246-6300,
RE/MAX Premier
Source: MRED as distributed by MLS GRID,MLS#: 12662042
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 2
Lot
- Size: 3,000 Square Feet
Details
- Parcel number: 20081070390000
- Zoning: MULTI
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Frame
Condition
- New construction: No
- Year built: 1888
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $150,000
- Annual tax amount: $745
- Date on market: 6/3/2026
- Ownership: Fee Simple
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/1999 | Sold | $50,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $15,000 +57.9% |
| 2023 | $745 +8.4% | $9,500 |
| 2022 | $688 -2.4% | $9,500 |
| 2021 | $705 +128.9% | $9,500 +36.4% |
| 2020 | $308 -20.5% | $6,967 -14% |
| 2019 | $388 +2.3% | $8,102 |
| 2018 | $379 -65.8% | $8,102 -49.6% |
| 2017 | $1,107 -27% | $16,091 |
| 2016 | $1,517 -48.5% | $16,091 |
| 2015 | $2,949 +104% | $16,091 +28.9% |
| 2014 | $1,446 -0.4% | $12,484 |
| 2013 | $1,451 +22.6% | $12,484 |
| 2012 | $1,183 -1.2% | $12,484 -26.8% |
| 2011 | $1,198 -39.7% | $17,051 |
| 2010 | $1,986 +14.5% | $17,051 |
| 2009 | $1,733 +10.1% | $17,051 -3.6% |
| 2008 | $1,575 +88.3% | $17,694 |
| 2007 | $837 +0.8% | $17,694 |
| 2006 | $830 -5.1% | $17,694 +69.5% |
| 2005 | $875 +1.9% | $10,437 |
| 2004 | $859 +4.5% | $10,437 |
| 2003 | $822 -5.4% | $10,437 +56.7% |
| 2002 | $869 +8.2% | $6,660 |
| 2001 | $803 +79.2% | $6,660 |
| 2000 | $448 +0% | $6,660 +53.7% |
| 1999 | $448 | $4,332 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Back of the Yards
Nearby schools
GreatSchools rating
- 4/10Hamline Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Tilden Career Communty Academy High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Cook County
- Chicago
- 60609
- Back of the Yards
- 4734 S Racine Ave
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Nearby neighborhoods
Nearby zip codes
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