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$149,900
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Property Description
Bring your vision! High ARV. Great property. So much potential here. 1st and 2nd floor 3 bedrooms each. Finished 3rd floor. Unfinished basement with a high ceiling. Forced-air heating for each apartment, 2 separate systems. 2 furnaces and 2 hot water heaters. Great location, 2 blocks away from the beautiful Sherman Park. 3 blocks away from the Stockyards Industrial Park, strong rental demand.
Full Property Details
Full Property Details for 5027 S Racine Ave
General
- Sold For: $149,900
- Taxes: $2,210 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12706406
- Added to Site: 52 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Parking
- Total Spaces: 2
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: Drive east on West 47th St. Right to South Racine Ave. Left to West 50th St. Turn right. Property is on the right.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: Unfinished, Full
- Year Built: 1885
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 25 x 125
Financial Considerations
- Assessment Year: 1885
- Tax Amount: $2,210
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: Standard
- Property ID: 20082140100000
Listed by Beycome Brokerage Realty LLC
Sold by Redfin Corporation
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Schools
Schools serving 5027 S Racine Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Sherman School of Excellence 1000 West 52nd Street, Chicago, IL 60609 | PK-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 5027 S Racine Ave
Date
Details
Price
Change
Source
8/21/2026
Sold
$149,900
—
MLS
7/24/2026
Price Reduced
$149,900
-6.31%
MLS
7/15/2026
Listed
$160,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5027 S Racine Avenue, Chicago, IL 60609 (MLS# 12706406) is a Multi-Family property that was sold at $149,900 on August 21, 2026. Want to learn more about 5027 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.

