OFF MARKET

Off market apr 2024 for $155K

$350,457

Est. refi paymentEst. refi $1,062/mo

•

2 ba

•

2,733

sq ft

5029 S Racine Ave #3, Chicago, IL 60609

About this home

Perfect investment opportunity with the gross income of $29400 per year. Rehabbed 3 unit property rented out. Brick building with strong foundation. Great location. Close to highway and CTA train. CTA bus stops beside the property. Close to shopping malls, restaurants and schools. Huge fenced backyard for 4 cars. Recently repaired and sealed roof, new water heater, updated tuck-pointing, stained porch, exterior painting finished. Clean from violations. Tiles in bathrooms and kitchens, laminate flooring, secured - those features make the property attractive. Easy to find tenants. The listing agent is affiliated with the owner of the property.

Multi-familyProperty Type

1896Year Built

6,300 sq ftLot Size

$128Est. Price/Sq.Ft.

4 spacesParking

Listed by Anna Makowski • United Real Estate - Chicago

Bought with Carlos Rivera • Citywide Realty LLC

Source:MRED as Distributed by MLS Grid #09484155

Redfin Estimate

$350,457

$195K since sold in April 2024$2,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.7% higher than the average sale price ($338K) of 6 comparable homes.

SOLD APR 20, 2026
$469,000
A
7 beds4 baths— sq ft
5125 S Elizabeth St, Chicago, IL 60609
SOLD JUL 7, 2026
$393,000
B
7 beds2 baths— sq ft
5233 S Racine St, Chicago, IL 60609
SOLD APR 9, 2026
$400,000
C
8 beds3.5 baths— sq ft
5427 S Aberdeen St, Chicago, IL 60609
BOUGHT WITH REDFIN AUG 21, 2026
$149,900
D
6 beds2 baths— sq ft
5027 S Racine Ave, Chicago, IL 60609
SOLD JAN 29, 2026
$255,000
E
5 beds2 baths2,520 sq ft
845 W 50th Pl, Chicago, IL 60609
SOLD JUL 20, 2026
$360,000
F
10 beds4 baths— sq ft
5628 S Justine St, Chicago, IL 60636

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Sell

$214,661

Est. take-home

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Est. cash available

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Market trends in New City / Back of the Yards, IL

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.6%

0.3% MoM

Median sale price

$235K

$66 MoM

Avg. days on market

57d

3 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 2 HRS AGO
$65,000
3 beds1 bath1,161 sq ft
5140 S Emerald Ave, Chicago, IL 60609
NEW 5 HRS AGO
$199,999
3 beds2 baths969 sq ft
2133 W 49th Pl, Chicago, IL 60609
FOR SALE BY OWNER
$185,000
4 beds2 baths1,764 sq ft
5041 S Loomis St, Chicago, IL 60609
VIDEO TOUR
$470,000
9 beds4 baths— sq ft
5005 S Paulina St, Chicago, IL 60609
EARLY ACCESS
$624,700
4 beds3.5 baths2,600 sq ft
3761 S Morgan St Unit A, Chicago, IL 60609
$424,900
4 beds2 baths2,600 sq ft
628 W 43rd Pl, Chicago, IL 60609
$419,900
11 beds4 baths— sq ft
4319 S Paulina St, Chicago, IL 60609
$225,000
4 beds2.5 baths1,825 sq ft
3517 S Damen Ave, Chicago, IL 60609
$625,000
7 beds4 baths— sq ft
3700 S Honore St, Chicago, IL 60609
3D WALKTHROUGH
$399,900
4 beds2 baths— sq ft
5409 S Paulina St, Chicago, IL 60609
See all

Provided by Redfin

Sale history for 5029 S Racine Ave #3

Date

Event

Price

Public Records

Apr 11, 2024

Sold

$155,000

$57/sq ft

MRED as Distributed by MLS Grid #11758677

Dec 31, 2023

Listing Removed

—

MRED as Distributed by MLS Grid #11648997

Feb 11, 2023

Listing Removed

—

Dec 12, 2022

Listing Removed

—

MRED as Distributed by MLS Grid #11419259

Jun 8, 2022

Listing Removed

—

MRED as Distributed by MLS Grid #11348100

May 9, 2022

Listing Removed

—

MRED as Distributed by MLS Grid #11114364

Jul 23, 2021

Listing Removed

—

MRED as Distributed by MLS Grid #09484155

Nov 2, 2017

Sold (MLS) (Closed Sale)

$167,000

$61/sq ft

Aug 24, 2017

Contingent

—

Aug 19, 2017

Relisted (Reactivated)

—

Jul 22, 2017

Listing Removed

—

May 6, 2017

Price Changed

$155,900

$57/sq ft

Jan 23, 2017

Listed (New)

$159,900

$59/sq ft

Public Records

May 10, 2013

Sold

$25,500

$9/sq ft

MRED as Distributed by MLS Grid #08131991

Feb 21, 2013

Sold (MLS) (Closed Sale)

$25,300

$9/sq ft

Jan 1, 2013

Pending

—

Nov 3, 2012

Price Changed (Price Change)

$35,000

$13/sq ft

Oct 17, 2012

Relisted (Reactivated)

—

Oct 15, 2012

Pending

—

Sep 22, 2012

Relisted (Reactivated)

—

Sep 1, 2012

Pending

—

Aug 6, 2012

Listed (New)

$45,000

$16/sq ft

MRED as Distributed by MLS Grid #07307183

Oct 13, 2009

Sold (MLS) (Closed Sale)

$15,200

$6/sq ft

Sep 9, 2009

Contingent

—

Aug 24, 2009

Listed (New)

$12,900

$5/sq ft

MRED as Distributed by MLS Grid #07000816

Aug 18, 2009

Listing Removed

—

Public Records

Dec 16, 2004

Sold

$255,000

$93/sq ft

Public Records

Dec 18, 2003

Sold

$50,000

$18/sq ft

Public Records

Jun 12, 1995

Sold

$40,000

$15/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$2,532 (+2.6%)

$1,890 + $15,110

$17,000

2022

$2,468 (+2.3%)

$4,095 + $7,905

$12,000

2021

$2,413 (+38.9%)

$4,095 + $7,905

$12,000

2020

$1,738 (−3.5%)

$4,095 + $3,706

$7,801

2019

$1,802 (+1.7%)

$4,095 + $4,872

$8,967

2018

$1,771 (−51.0%)

$4,095 + $4,872

$8,967

2017

$3,612 (+7.5%)

$3,780 + $12,998

$16,778

2016

$3,360 (+9.3%)

$3,780 + $12,998

$16,778

2015

$3,074 (+43.8%)

$3,780 + $12,998

$16,778

2014

$2,138 (+2.0%)

$3,464 + $8,064

$11,528

2013

$2,096 (+1.3%)

$3,464 + $8,064

$11,528

2012

$2,069 (−12.1%)

$3,464 + $8,064

$11,528

2011

$2,354 (−0.4%)

$4,410 + $10,118

$14,528

2010

$2,364 (+4.4%)

$4,410 + $10,118

$14,528

2009

$2,265 (−34.9%)

$4,410 + $10,118

$14,528

2008

$3,482 (+1.0%)

$6,048 + $18,225

$24,273

2007

$3,447

$6,048 + $18,225

$24,273

Tax history for 5029 S Racine Ave #3

Year

Property tax

Land + Additions

Assessment*

2023

$2,532 (+2.6%)

$1,890 + $15,110

$17,000

2022

$2,468 (+2.3%)

$4,095 + $7,905

$12,000

2021

$2,413 (+38.9%)

$4,095 + $7,905

$12,000

2020

$1,738 (−3.5%)

$4,095 + $3,706

$7,801

2019

$1,802 (+1.7%)

$4,095 + $4,872

$8,967

2018

$1,771 (−51.0%)

$4,095 + $4,872

$8,967

2017

$3,612 (+7.5%)

$3,780 + $12,998

$16,778

2016

$3,360 (+9.3%)

$3,780 + $12,998

$16,778

2015

$3,074 (+43.8%)

$3,780 + $12,998

$16,778

2014

$2,138 (+2.0%)

$3,464 + $8,064

$11,528

2013

$2,096 (+1.3%)

$3,464 + $8,064

$11,528

2012

$2,069 (−12.1%)

$3,464 + $8,064

$11,528

2011

$2,354 (−0.4%)

$4,410 + $10,118

$14,528

2010

$2,364 (+4.4%)

$4,410 + $10,118

$14,528

2009

$2,265 (−34.9%)

$4,410 + $10,118

$14,528

2008

$3,482 (+1.0%)

$6,048 + $18,225

$24,273

2007

$3,447

$6,048 + $18,225

$24,273

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

RT-4

Residential Two-Flat, Townhouse and Multi-Unit District

The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service

Property details

Interior

Basement Information
Basement Finish: Unfinished
Basement Type: Full

Bathroom Information
# of Full Baths: 2

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Electric

Room Information
# of Rooms: 14

Exterior

Exterior Information
Physical Condition: Average
Building Style Type: Multi-Family
Exterior Wall: Masonry
Building Type: Residential

Property Information
Subdivision Name: LEECHS RESUBD
Living Sq. Ft: 2,733
Building Sq. Ft: 1,500
# of Units: 2
# of Stories: 2
Stories Type: 2
Legal Description: L11 & L12 & L10 LEECHS SUBD RESUBD W10AC S20AC W1/2 NE1/4 S8 T38N R14E

Lot Information
# of Buildings: 1
Land Sq. Ft: 6,300
Legal Lot Number: 11
Acres: 0.1446
Zoning Code: 50
County Use Description: APARTMENTS 2-6

Utility Information
Sewer Type: Storm
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 6
Baths: 2.0
Sq. Ft.: 2,733
Stories: 2.0
Lot Size: 6,300 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1896
Year Renovated: —
County: Cook County
APN: 20082140110000

Home facts updated by county records on Oct 19, 2026

Around this home

Schools

Sherman School of Excellence

Public PreK-8 • Assigned • 0.3mi

3/10

Tilden Career Communty Academy High School

Public 9-12 • Assigned • 0.7mi

1/10

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

68/ 100

Moderate sunlight

Sunscore

This home receives average direct sun exposure in Chicago. There appears to be some shading by surrounding buildings, terrain, and vegetation.

7.9 hrs

3.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$333,000 – $404,000

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New listings for sale in 60609

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NEW 5 HRS AGO

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FOR SALE BY OWNER

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VIDEO TOUR

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EARLY ACCESS@PROPERTIES COMING SOON

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3761 S Morgan St Unit A, Chicago, IL 60609

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Home values near 5029 S Racine Ave #3

Data from public records.

Address	Redfin Estimate
5033 South Racine Ave, Chicago, IL 6 Beds \| 2 Baths \| 2266 Sq. Ft.	$311,204
5017 South Racine Ave, Chicago, IL 4 Beds \| 2 Baths \| 2604 Sq. Ft.	$299,493

Address	Redfin Estimate
5035 South Racine Ave, Chicago, IL - Beds \| 2 Baths \| 2266 Sq. Ft.	$277,325
5027 South Racine Ave, Chicago, IL 6 Beds \| 2 Baths \| - Sq. Ft.	$229,640

Address	Redfin Estimate
5021 South Racine Ave, Chicago, IL 2 Beds \| 1 Baths \| 988 Sq. Ft.	$148,366
5025 South Racine Ave, Chicago, IL 3 Beds \| 1 Baths \| 1260 Sq. Ft.	$174,355

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