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$225,000
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Property Description
*TOP UNIT IS VACANT* Welcome to New City! This move-in ready 2-unit property offers the perfect combination of flexibility, value, and income potential for both owner-occupants and savvy investors. Unit 1 features 4 bedrooms and 1 full bathroom with a bright and open living and dining room combo, a cozy kitchen, and a versatile layout with one bedroom on the main level and three additional bedrooms in the basement, creating an ideal duplex-style setup. Unit 2 has been recently updated and is fully turnkey, offering 2 bedrooms, 1 full bathroom, a full kitchen, and a spacious combined living and dining area. The property also includes a generous backyard and a carport for added convenience, all while being ideally located near parks, schools, and public transportation. Whether you're looking to live in one unit and generate rental income from the other or expand your investment portfolio, this is a standout opportunity in a growing neighborhood. schedule your showing today!
Full Property Details
Full Property Details for 5347 S Racine Ave
General
- Sold For: $225,000
- Taxes: $1,808 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12625358
- Added to Site: 50 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Location
- Area: CHI - New City
- County: Cook
- Driving Directions: 55TH ST EAST OR WEST TO RACINE NORTH TO ADDRESS
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Sherman Elementary School
- Middle School: Libby Elementary School
- High School: Tilden Achievement Academy High
- Private School: Tilden Achievement Academy High
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Finished, Full
- Foundation: Block, Stone
- Roof: Asphalt
- Year Built: 1891
- Built Before 1978: Yes
- Remodeled/Updated: 2026
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 124 x 25
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1891
- Tax Amount: $1,808.2
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20084150190000
Listed by Realty of America, LLC
Sold by EXIT Strategy Realty
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Schools
Schools serving 5347 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 | 1 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 5347 S Racine Ave
Date
Details
Price
Change
Source
6/03/2026
Sold
$225,000
2.32%
MLS
4/23/2026
Listed
$219,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5347 S Racine Avenue, Chicago, IL 60609 (MLS# 12625358) is a Multi-Family property that was sold at $225,000 on June 03, 2026. Want to learn more about 5347 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.

