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$385,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 7 Total Beds
  • Updated 2 days ago
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Rare opportunity to own a well-maintained 2-unit property in Chicago-ideal for owner-occupants or investors! First-floor unit offers 2 bedrooms, 1 bath, plus a finished basement with 3 additional bedrooms (in-law setup). Second-floor unit features 2 bedrooms, 1 bath and has been recently updated with new kitchen (quartz countertops, appliances), updated bathroom, fresh paint, and lighting (2026). Recent improvements include new furnace (1st floor), front windows, and gutters (2025). Spacious backyard with exterior parking. Turnkey property with strong income potential-live in one unit and rent the other or add to your portfolio. Schedule your showing today!

Full Property Details for 5233 S Racine St

General

  • Price: $385,000
  • Taxes: $3,415 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12625645
  • Updated: 4/22/2026
  • Added to Site: 3 day(s) ago

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 7

Additional Information

  • Equipment: Carbon Monoxide Detectors, Ceiling Fan(s)
  • Other Features: Commuter Bus, Commuter Train, Interstate Access

Parking

  • Total Spaces: 4
  • Parking Features: Unassigned, Alley Access, Yes, Owned

Location

  • Area: CHI - New City
  • County: Cook
  • Township: South Chicago
  • Subdivision: Back of the Yards
  • Driving Directions: From Garfield Boulevard (55th St): Drive west on Garfield Blvd, then make a right (north) on Racine Ave. The property will be on your right-hand side. Drive east on 51st St, then make a right (south) on Racine Ave. Continue to the property, which will be on your left-hand side.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299
  • Elementary School: Sherman Elementary School
  • High School: Tilden Career Communty Academy S
  • Private School: Tilden Career Communty Academy S

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick, Frame
  • Exterior Const.: Brick, Frame
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Year Built: 1899
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 125

Financial Considerations

  • Assessment Year: 1899
  • Tax Amount: $3,415.65
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20084080130000

Listed by eXp Realty - Chicago North Ave

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Listing agent

— 5233 S Racine St —

  • eXp Realty - Chicago North Ave

(312) 206-0590

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5233 S Racine St

School District:Chicago Public School District 299
NameGradesDistance
Sherman School of Excellence
1000 West 52nd Street, Chicago, IL 60609
PK-80.2 mi
Tilden Career Communty Academy High School
4747 South Union Avenue, Chicago, IL 60609
9-120.9 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 5233 S Racine St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/22/2026
Listed
$385,000
41.03%
MLS
3/26/2024
Sold
$273,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5233 S Racine St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,371
3%
$6,499
—
2022
$1,337
2%
$6,499
—
2021
$1,307
-19%
$6,499
-11%
2020
$1,618
-4%
$7,264
-13%
2019
$1,678
2%
$8,350
—
2018
$1,649
-46%
$8,350
-41%
2017
$3,038
8%
$14,112
—
2016
$2,826
9%
$14,112
—
2015
$2,586
4%
$14,112
5%
2014
$2,493
2%
$13,437
—
2013
$2,444
1%
$13,437
—
2012
$2,411
—
$13,437
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by eXp Realty - Chicago North Ave

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5233 S Racine Street, Chicago, IL 60609 (MLS# 12625645) is a Multi-Family property with 2 units containing 7 bedrooms and 0 full bathrooms. 5233 S Racine Street is currently listed for $385,000 and was received on April 22, 2026. Want to learn more about 5233 S Racine Street? 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.

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