Beautiful Remodeled Red Brick Home Directly across from Historical Sherman Park. This 3 BR, 3 Bath has some updated electrical, plumbing. Also central heating, central air, furnace, water heater, Stainless Steel appliances, windows, doors, energy efficient spray foam insulation, and a HUGE picture window that overlooks Sherman Park. This project is done and move in ready!
Single-familyProperty Type
1895Year Built
3,125 sq ftLot Size
$305Price/Sq.Ft.
2 car garageParking
Listed by Anthony Lucio• Keller Williams Preferred Realty
Est. $1,445 per month, based on comparable rentals
Sale and tax history for 5245 S Racine Ave
Sale History
Tax History
Date
Event
Price
MRED as Distributed by MLS Grid #12681643
Aug 5, 2026
Sold (MLS) (Closed)
$275,000
$305/sq ft
MRED as Distributed by MLS Grid #12538330
Jan 28, 2026
Sold (MLS) (Closed)
$87,000
$96/sq ft
Jan 26, 2026
Pending
—
Jan 9, 2026
Contingent (Contingent - Continue to Show)
—
Dec 30, 2025
Listed (Active)
$74,900
$83/sq ft
+1
Unlock value and long term upside with this strategically located investment property in the heart of Chicago's South Side. Situated in the New City / Back of the Yards area this home presents a strong value add opportunity for investors seeking appreciation redevelopment potential or long term portfolio growth. A brand new roof has already been completed removing a major capital expense and adding immediate value for the next owner a significant advantage for investors planning renovations or long term holds. Bring your vision run the numbers and capitalize on an opportunity in an established Chicago neighborhood with strong long term potential.
Public Records
Jul 14, 1992
Sold
$16,500
$18/sq ft
Public Records
Oct 6, 1978
Sold
$12,000
$13/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$323 (+17.0%)
$2,031 + $5,468
$7,499
2022
$276 (−50.0%)
$2,031 + $5,468
$7,499
2020
$552 (−3.3%)
$2,031 + $3,550
$5,581
2019
$571 (+1.9%)
$2,031 + $4,240
$6,271
2018
$560 (−58.4%)
$2,031 + $4,240
$6,271
2017
$1,346 (−5.8%)
$1,875 + $7,751
$9,626
2016
$1,428 (+11.3%)
$1,875 + $7,751
$9,626
2015
$1,283 (+7.6%)
$1,875 + $7,751
$9,626
2014
$1,192 (+51.3%)
$1,718 + $7,277
$8,995
2013
$788 (−32.4%)
$1,718 + $7,277
$8,995
2012
$1,166 (−27.7%)
$1,718 + $7,277
$8,995
2011
$1,614 (−0.4%)
$2,187 + $7,773
$9,960
2010
$1,621 (+266.2%)
$2,187 + $7,773
$9,960
2009
$443 (−45.0%)
$2,187 + $7,773
$9,960
2008
$804 (+78.2%)
$3,624 + $8,696
$12,320
2007
$451
$3,624 + $8,696
$12,320
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
3,125 Sq. Ft.
Year renovated
—
Sq. Ft.
903
Year built
1895
Style
Single Family Residential
County
Cook County
APN
20084080180000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 28, 2026.
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
Parking
Parking Information
# of Garage Spaces: 2
# of Parking (Total): 2
Parking Features: Detached, Garage
Interior
Bathroom Information
# of Baths (Full): 3
Basement Bathrooms (Y/N): Yes
Bedroom Information
# of Bedrooms: 3
# of Bedrooms Possible: 3
Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 9 x 11
Flooring: Laminate
Room Information
Room Type: Bedroom 3
Level: Main
Dimensions: 9 x 12
Flooring: Laminate
Room Information
Room Type: Bedroom 4
Room Information
Room Type: Dining Room
Level: Main
Dimensions: 10 x 12
Flooring: Laminate
Room Information
Room Type: Family Room
Level: Main
Dimensions: 11 x 17
Flooring: Laminate
Room Information
Room Type: Kitchen
Level: Main
Dimensions: 10 x 14
Flooring: Laminate
Room Information
Room Type: Laundry
Level: Lower
Dimensions: 10 x 10
Room Information
Room Type: Living Room
Level: Main
Dimensions: 10 x 14
Flooring: Laminate
Room Information
Room Type: Master Bedroom
Level: Second
Dimensions: 13 x 13
Flooring: Laminate
Bath: Full
Additional Rooms Information
Basement: Unfinished, Full, Daylight
Laundry Features: Gas Dryer Hookup, In Unit
Interior Features
# of Rooms: 7
Exterior
Building Information
Living Area Source: Estimated
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Construction Materials: Brick
Aprox. Total Finished Sq Ft: 1,400
Property Information
Property Type: Detached Single
Property Type: 2 Stories
Main Sq Ft: 900
Ownership: Fee Simple
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): Yes
Rehab Year: 2026
Total Finished/Unfinshed Sq Ft: 1,900
Total Sq Ft: 1,400
Unfinished Lower Sq Ft: 500
Upper Sq Ft: 500
Parcel Number: 20084080180000
Lot Information
Dimensions: 25 x 125
Lot Size: Less Than .25 Acre
Financial
Tax Information
Tax Annual Amount: $1,125
Tax Year: 2024
Financial Information
Finance Code: FHA
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan, Public
Sewer: Public Sewer
Electric: Circuit Breakers
Heating & Cooling
Heating: Forced Air
Location
Community Information
Community Features: Park, Sidewalks, Street Lights, Street Paved
Homeowners Association Information
Master Association Fee Frequency: Not Required
School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Location Information
Township: Lake
Corporate Limits: Chicago
Directions: South of Racine Avenue and 52nd Street
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 903
Stories: 1.0
Lot Size: 3,125 square feet
Style: Single Family Residential
Year Built: 1895
Year Renovated: —
County: Cook County
APN: 20084080180000
Home facts updated by county records on Aug 28, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing, Immediate
Some Photos Virtually Staged?: No
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 • 0.9mi
1/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk 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, 14 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)
31
17
39
25
54
36
62
45
68
52
81
65
85
71
81
68
79
63
68
52
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$281,000 – $340,000
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