4942 S Racine Avenue, Chicago IL 60609
Property Description
Motivated Seller! 2 flat features large apartments, 4 bedrooms, 2 bathrooms including a full, unfinished basement with 4 parking spaces. Perfect for an owner occupied buyer, or investor looking for cash flow. For an owner occupied buyer this building would be cheaper than paying rent since the income covers a portion of the mortgage and expenses.
Features & Information
Key Details
- List Price $245,000
- Property Taxes $1,594
- Year Built 1914
- Status Price Change
- List Market Time 170
Units
-
Unit 1
- Floor 1
- Rooms 4
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator
- Rent $1,120/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 12/26
-
Unit 2
- Floor 2
- Rooms 4
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator
- Tenant Pays Electric,Gas,Heat
- Lease Expires VAC
Exterior Features
-
Parking
- # of Cars: 4
Building Information
- Number of Units 2
- Age of Building 100+ Years
Location
- County Cook
- Township South Chicago
- Corporate Limits Chicago
- Directions to Property Racine (1200w) North Or South To Property (4942s)
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 1594
- Tax Year 2023
- Parcel Identification Number 20081230420000
Listed by Jonathan Gil for Equity Realty | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/13/2026 10:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Back of the Yards
The Back-of-the-Yards neighborhood is one of the original communities of the American Industrial Revolution. This was the site of radical social change that moved the country forward with progress in labor relations and how society views laborers. The slaughterhouses and harsh working conditions attracted both reformers and authors who acted as advocates for the everyman. Now the neighborhood is an intriguing place to explore, with a plethora of parks and a strong, diversified community that is expanding on its industrial base. Classic Chicago bungalows are joined by other single-family homes and some condominium conversions to give homeowners a wide range of real estate to choose from. Specialty grocery stores and an international selection of restaurants round out the backdrop of Chicago's Back-of-the-Yards neighborhood.
Mortgage Calculator
- List Price${ formatCurrency(listPrice) }
- Taxes${ formatCurrency(propertyTaxes) }
- Assessments${ formatCurrency(assessments) }
- List Price
- Taxes
- Assessments
Estimated Monthly Payment
${ formatCurrency(monthlyTotal) } / month
- Principal & Interest${ formatCurrency(monthlyPrincipal) }
- Taxes${ formatCurrency(monthlyTaxes) }
- Assessments${ formatCurrency(monthlyAssessments) }
All calculations are estimates for informational purposes only. Actual amounts may vary.