Great opportunity for first-time homebuyers or investors! This solid 2-flat in Chicago is in move-in condition and offers excellent potential for rental income. Live in one unit while renting out the other, or rent both for a steady investment. Each unit features generous space. Conveniently located near public transportation, schools, and local amenities. AS-IS sale
Recently rehabbed 2 flat building with 2 bedrooms and 1 bath each. New windows, doors, carpet, kitchen and bathroom. Large attic, full basement. Metered separately, separate furnaces and hot water tanks. Building sold AS-IS. Conveniently located on Racine Ave., close to bus, and expressway. Possible seller financing.
MRED as Distributed by MLS Grid #08793451
Jan 3, 2015
Listing Removed
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MRED as Distributed by MLS Grid #08743444
Nov 27, 2014
Listing Removed
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As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
20081310260000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Mar 3, 2025.
RS-3
Residential Single-Unit (Detached House) District
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space
Property details
Parking
Parking Information
# of Parking (Total): 1
Parking On-Site: Yes
Parking: Space/s
Interior
Bathroom Information
# of Baths (Full): 2
Bedroom Information
# of Bedrooms: 4
# of Bedrooms Possible: 4
Additional Rooms Information
Basement: Full
Basement Description: Unfinished
Interior Features
# of Rooms: 8
Equipment
Ceiling Fan(s)
Unit Type 1 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Washer,Dryer,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors
Security Deposit: NA
Tenant Pays: Other
Lease Expiration Date: NA
Unit Type 2 Information
Floor Number: 2
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Microwave,Central Air Conditioner
Security Deposit: NA
Tenant Pays: Other
Lease Expiration Date: NA
Exterior
Building Information
# Of Units in Building: 2
Exterior Building Type: Vinyl Siding
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: School Bus Service,Commuter Bus
Parcel Number: 20081310260000
Lot Information
Dimensions: 25X125
Lot Size: Less Than .25 Acre
Financial
Tax Information
Tax Annual Amount: $119
Tax Year: 2022
Tax Exemptions: Homeowner,Senior
Financial Information
Finance Code: Conventional
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan, Public
Sewer: Public Sewer
Heating & Cooling
Heating: Forced Air
Location
School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Location Information
Township: Lake
Corporate Limits: Chicago
Directions: Starting from the intersection of I-55 (Stevenson Expy) and S Ashland Ave: Head S on Ashland Ave. Turn W onto W 50th St. Head W until you reach S Racine Ave. Turn S onto S Racine Ave. The property is located on the W side at 5020 S Racine Ave.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: 20081310260000
Home facts updated by county records on Mar 2, 2025
Other
Listing Information
Holds Earnest Money: No
Possession: Closing
Some Photos Virtually Staged?: No
Around this home
Schools
K - 12
Preschool & daycare
Libby Elementary School
Public PreK-8 • Assigned • 0.4mi
5/10
Richards Career Academy High School
Public 9-12 • Assigned • 0.3mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60609
Average low and high temperatures (°F)
31
17
39
25
54
36
62
45
68
52
81
65
85
71
81
68
78
62
66
53
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$297,000 – $359,000
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