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Price cut: $20,000
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Two to Four Units · Chicago, IL
$399,900$419,900
8 beds · 3 baths
5029 S Racine Avenue, Chicago, IL, 60609
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What’s special

Fantastic opportunity to build equity and expand your portfolio with this spacious multi-unit property in the Back of the Yards neighborhood! This property features 3 units: The first-floor unit boasts high ceilings, 4 generously sized bedrooms, a full bath, an eat-in kitchen, a spacious living room and a month-to-month tenant. The second-floor front unit includes 2 bedrooms, a full bath, a kitchen with granite countertops, new cabinets, and a living room. The second-floor rear unit offers 2 bedrooms, a full bath, an eat-in kitchen with granite countertops, newer cabinets, and laminate flooring. All units have their own forced air furnaces. Additional highlights include a large rear slab, perfect for exterior parking. Conveniently located near schools, parks, shopping, public transportation, and with easy access to the highway, this property is a smart investment!
— the listing agent’s description

The home

8 beds
3 baths
Built in 1896
0.15-acre lot
Two to Four Units
Brownstone

What it’ll cost

$2,532 taxes / yr
No HOA
Listed $419,900
Now $399,900
590 days on dwello

Estimated monthly payment

$2,454/mo
Principal & interest$2,126
Property taxes$211
Homeowners insurance$117
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Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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590 days on dwello
Price history
Price reduced
Jul 22, 2026
↓ $20,000$399,900
Listed for sale
Dec 10, 2024
$419,900
Now $20,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$2,532/yr
Assessed value
2025
County assessor
$17,000~$170,000 mkt
2024
$17,000~$170,000 mkt
2023
$12,000~$120,000 mkt
2022
$12,000~$120,000 mkt
2021
$12,000~$120,000 mkt
2020
$7,801~$78,010 mkt
2019
$8,967~$89,670 mkt
2018
$8,967~$89,670 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasForced AirSep Heating Systems - 2+Indv ControlsBrickStorm SewerDrivewayAlley Access

Schools nearby

Peace & Education Coalition Alternative High School · 0.2 mi
Sherman School of Excellence · 0.3 mi
Richards Career Academy · 0.3 mi
Libby Elementary School · 0.5 mi
Chavez Multi-Cultural Academy · 0.6 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Jose Leon · RE/MAX Partners
Listing last updated Jul 22, 2026 · data refreshed from the MLS Jul 22, 2026, 5:08 AM CT
Based on information submitted to the MLS GRID as of Jul 22, 2026, 5:08 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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