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$120,000
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Property Description
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!
Full Property Details
Full Property Details for 4734 S Racine Ave
General
- Sold For: $120,000
- Taxes: $745 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12662042
- Added to Site: 85 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: 47th St East of Dan Ryan to Racine south to the property
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Aluminum Siding, Frame
- Exterior Const.: Aluminum Siding, Frame
- Basement Desc.: Unfinished, Full
- Year Built: 1888
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Standard Chicago Lot
- Lot Dimensions: 3000
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1888
- Tax Amount: $745
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: REO/Lender Owned
- Property ID: 20081070390000
Listed by RE/MAX Premier
Sold by Superior R.E. Services, Inc.
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Schools
Schools serving 4734 S Racine Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Hamline Elementary School 4747 South Bishop Street, Chicago, IL 60609 | K-8 | 0.3 mi |
Tilden Career Communty Academy High School 4747 South Union Avenue, Chicago, IL 60609 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4734 S Racine Ave
Date
Details
Price
Change
Source
8/26/2026
Sold
$120,000
-7.62%
MLS
6/28/2026
Price Reduced
$129,900
-3.71%
MLS
5/29/2026
Listed
$134,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4734 S Racine Avenue, Chicago, IL 60609 (MLS# 12662042) is a Multi-Family property that was sold at $120,000 on August 26, 2026. Want to learn more about 4734 S Racine Avenue? Do you have questions about finding other Multi-Family real estate for sale in New City? You can browse all New City real estate or contact a Coldwell Banker agent to request more information.

