Sold
Last Sold Price
4 beds
4840 S Racine Ave, Chicago, IL 60609
Multi FamilyProperty Type
3,125 sq ftLot Size
1899Year Built
2 carsParking Spaces

Description

Wow Incredible cash cow 4 legal units with attic and basement Incredible value Price below market for quick sale Each unit could be easily converted to 2bdrm 1bth each 2 vacant units and possibleWow Incredible cash cow 4 legal units with attic and basement Incredible value Price below market for quick sale Each unit could be easily converted to 2bdrm 1bth each 2 vacant units and possible

    Sold By Chicagoland Brokers, Inc.

    • Listed by: Ola Sanni 708.407.4942 centurion2110@gmail.com • Centurion Realty & Estates Inc
    Listing closed: 08/09/2023 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11759035

    Recent comparable sales

    Median sold price

    $275,000

    Avg days on market

    60

    Sale-to-list ratio

    89.8%

    Chicago, IL

    9 comparable properties found

    $340,000 | 5201 South Green Street, Chicago, IL 60609
    1/43
    1

    $340,000

    Sold 03/03/25

    4
    Bedrooms
    Unavailable
    Square Feet
    0.08
    Acres
    a view of a house with wooden fence
    1/32
    2

    $65,000

    Sold 04/21/25

    4
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $125,000 | 1737 West 47th Street, Chicago, IL 60609
    1/26
    3

    $125,000

    Sold 11/17/25

    4
    Bedrooms
    2,400
    Square Feet
    0.07
    Acres
    $75,000 | 2016 West 51st Street, Chicago, IL 60609
    1/14
    4

    $75,000

    Sold 07/06/26

    4
    Bedrooms
    1,200
    Square Feet
    0.07
    Acres
    $450,000 | 5310 South Wood Street, Chicago, IL 60609
    1/24
    5

    $450,000

    Sold 08/12/26

    4
    Bedrooms
    2,964
    Square Feet
    0.07
    Acres
    a view of a house with a deck
    1/18
    6

    $323,000

    Sold 09/08/25

    4
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $115,100 | 7241 South Yale Avenue, Chicago, IL 60621
    1/26
    7

    $115,100

    Sold 07/30/26

    4
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $275,000 | 5626 South Hermitage Avenue, Chicago, IL 60636
    1/27
    8

    $275,000

    Sold 07/25/25

    4
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    9

    $619,000

    Sold 06/09/25

    4
    Bedrooms
    4
    Bathrooms
    2,583
    Square Feet
    0.07
    Acres

    Location

    Add your commute

    Payment Calculator

    Get preapproved with
    OriginPoint Mortgage or Rocket Mortgage1

    $807 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $671

    Property Taxes

    $136

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

    Know your buying power with a preapproval and custom rate in minutes

    Rocket Mortgage1

    Property Information for 4840 South Racine Avenue

    Property Details
    • Taxes: $1,636 / year
    • MLS Type: Two to Four Units / 4 Flat
    • County: Cook County
    • Area: CHI - New City
    • Township: Lake
    • Ownership: Fee Simple
    • Num Of Cars: 2.0
    • Heat/Fuel: Forced Air
    Building Information
    • Residences: 4
    • Year Built: 1899
    • Lot Size: 0.07 AC / 3,125 SF
    General Information
    School Information
    • Elementary School District: 299
    • High School District: 299
    • Middle Or Junior School District: 299
    Addtl Parking Information
    • Parking: Space/s
    • Parking On Site: true
    • Parking Ownership: Owned
    Property Information
    Interior Features
    • Num Of Rooms: 12
    • Bedrooms Total: 4
    • Bedrooms (Below Grade): 0
    • Basement Type: Full
    • Bedrooms Possible: 4
    • Basement Description: Unfinished
    • # Full Baths in Building: 4
    • # Half Baths in Building: 0
    • Num of Baths: 4.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Lake Michigan
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 100+ Years
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 25 X 125
    • Total # Units in Building: 4.0
    • Waterfront: No
    • Exterior Building Type: Frame
    • General Information: None
    • North Coordinate: 0
    • South Coordinate: 4840
    • East Coordinate: 0
    • West Coordinate: 1150
    • 3 Br Un In Bldg: No
    Property and Assessments
    • Public Document Count: 0
    • Photos Count: 15
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Unit 1
    • Unit Type Actual Rent: $.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 1
    • Lease Expiration Date: 0
    Unit 2
    • Unit Type Actual Rent: $.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 0
    Unit 3
    • Unit Type Actual Rent: $.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 3
    • Lease Expiration Date: 0
    Unit 4
    • Unit Type Actual Rent: $.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 4
    • Lease Expiration Date: 0

    Property History for 4840 South Racine Avenue

    DateEvent & SourcePriceAppreciation
    Aug 28, 2023

    Sold (Public Record)

    Public Record #1517182575

    $132,000
    Aug 9, 2023

    Sold

    MRED #11759035

    $132,000
    Jun 6, 2023

    Listed (Active)

    MRED #11759035

    $129,900
    DateEvent & SourcePrice
    08/28/2023

    Sold (Public Record)

    Public Record #1517182575

    $132,000
    08/09/2023

    Sold

    MRED #11759035

    $132,000
    06/06/2023

    Listed (Active)

    MRED #11759035

    $129,900

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 4840 South Racine Avenue

    Taxable ValueLand$1,800Additions$14,200Total$16,000
    Tax Record2023$1,796 ($150 / month)
    Home Facts
    Baths4Total Finished SqFt2,400 SqFtAbove Grade Finished SqFt2,400 SqFtStories2Lot Size3,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1898CountyCOOKAPN20-08-115-041

    Schools near 4840 South Racine Avenue

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 10 to 12
    Public - 9 to 12
    Charter - K to 8
    Rating
    School
    Distance
    Hamline Elementary School
    PublicPK to 8

    CICS Basil
    CharterK to 8

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

    Neighborhood Map and Transit

    Similar Homes

    New listings in 60609

    $675,000 | 3619 South Parnell Avenue, Chicago, IL 60609
    1/42
    New

    $675,000

    3
    Bedrooms
    2,100
    Square Feet
    0.07
    Acres
    $267,000 | 2323 West Pershing Road, Unit 616, Chicago, IL 60609
    1/30
    New

    $267,000

    2
    Bedrooms
    1,410
    Square Feet
    $295,000 | 5160 South Damen Avenue, Chicago, IL 60609
    1/13
    Open: 9/5 12:00PM - 02:00PM

    $295,000

    6
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $359,000 | 4505 South Justine Street, Chicago, IL 60609
    1/26
    Open: 9/5 10:00AM - 11:30AM

    $359,000

    6
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres
    $309,900 | 4002 South Western Avenue, Unit 3, Chicago, IL 60609
    1/28

    $309,900

    3
    Bedrooms
    Unavailable
    Square Feet
    $379,000 | 4550 South McDowell Avenue, Chicago, IL 60609
    1/29

    $379,000

    5
    Bedrooms
    2,312
    Square Feet
    0.06
    Acres
    $825,000 | 825 West 37th Place, Chicago, IL 60609
    1/34
    @properties Coming Soon

    $825,000

    4
    Bedrooms
    3,035
    Square Feet
    Unavailable
    Acres
    $625,000 | 539 West 44th Place, Chicago, IL 60609
    1/32
    Contingent

    $625,000

    4
    Bedrooms
    3,125
    Square Feet
    0.07
    Acres
    $425,000 | 638 West 47th Street, Chicago, IL 60609
    1/24

    $425,000

    4
    Bedrooms
    Unavailable
    Square Feet
    0.07
    Acres

    Nearby home values

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Centurion Realty & Estates Inc

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 08/09/2023 11:53 PM. 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.