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About this home
Check out this beautifully rehabbed two-unit property located in a rapidly developing neighborhood! Perfect for an investor or owner-occupant, this move-in-ready property offers plenty of space and income potential. The second-floor unit is duplexed into the attic and features five bedrooms and two bathrooms. The first-floor unit offers two bedrooms and one bathroom. Both units include brand-new kitchens and bathrooms, along with new furnaces and hot-water tanks. Whether you're looking to house hack, expand your investment portfolio, or move right in, this property is ready for its new owner!
New City / Back of the Yards, located between Pershing Road and 55th Street, is a historic and industrial Chicago neighborhood with brick two-flats and rail-lined corridors. The neighborhood’s character concentrates around 47th Street and Ashland Avenue, where taquerias, corner bakeries, and long-running storefronts sit beside working warehouses. The Union Stock Yard Gate anchors the area’s legacy in the streetscape. Back of the Yards Coffee Co. adds a modern counterpoint in a straightforward, workshop-like setting. Davis Square Park and the broad lawns of Sherman Park frame everyday outdoor time among gridded blocks and freight routes.
Provided by Walk Score and Local Logic
Market insights
5043 S Racine Ave · $359,000
DAYS ON MARKET
80 days
The average home goes pending in 67 days.
SALE-TO-LIST
99.3%
Most homes are selling 1% below list price.
LIST PRICE
$359,000
Median list price in this area is $468,573. (31% higher than this home)
PRICE DROP
8 price drops
12% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
9 total rooms
Crawl space basement
Bedrooms
7 bedrooms total
Unit 1 (1st floor) — 2 bedrooms
Unit 2 (2nd floor) — 5 bedrooms
Bathrooms
3 full bathrooms total
Unit 1 — 1 full bathroom
Unit 2 — 2 full bathrooms
Kitchen
Stove
Refrigerator
Microwave
Heating & cooling
Natural gas forced-air heating
Exterior features
Lot dimensions approximately 25 x 125
Less than 0.25 acre lot
Home design
Two- to four-unit property
Fee simple ownership
Rehab completed in 2026
Parking
Detached garage (garage owned)
2 garage/total parking spaces
Construction
Aluminum siding
31–40 years old
Not built before 1978
Utilities
Lake Michigan water
Public sewer
Financial info
Special service area: No
Other
Two units in building
Property possession at closing
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Lot width
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Cook County
APN
20082140170000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Sep 15, 2026.
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
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
0% chance of strong winds in 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)
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17
39
25
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36
62
45
68
52
81
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85
71
81
68
78
62
68
52
52
40
37
25
Jan
Feb
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Apr
May
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Aug
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Oct
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Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 5043 S Racine Ave
$340,837
$18K under list price of $359K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $240K to $551K.