5245 Racine Avenue, New City, Chicago, Illinois 60609
$87,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 903 |
| Cost/Sqft: | $83 |
| Beds: | 2 |
| Baths: | 2 |
| Year Built: | 1895 |
| Property Taxes: | $323 |
| Days On Market: | 292 |
| Lot Size: | 0,00 |
Description
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.
Property Specifics
| Single Family | |
| — | |
| — | |
| 1895 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / Not Applicable | |
| — | |
| — | |
| — | |
| 12538330 | |
| 20084080180000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 28 Jan, 2026 | Sold | $87,000 | MRED MLS |
| 5 Jan, 2026 | Under contract | $74,900 | MRED MLS |
| 30 Dec, 2025 | Listed for sale | $74,900 | MRED MLS |
| 5 Aug, 2026 | Sold | $275,000 | MRED MLS |
| 28 Jun, 2026 | Under contract | $275,000 | MRED MLS |
| 18 Jun, 2026 | Listed for sale | $275,000 | MRED MLS |
Room Specifics
All Bedroom Info:
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: 1Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 3125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $323 |
| 2026 | $1,125 |
Contact Agent
Nearby Similar Homes
5247 May Street, Chicago, Illinois 60609
For Sale
$85,000
2 beds / 1.0 baths / 1,200 ft2
Single Family / Built: 1888
15
5135 May Street, Chicago, Illinois 60609
For Sale
$100,000
2 beds / 1.0 baths / 1,100 ft2
Single Family / Built: 1901
128
1208 51st Street, Chicago, Illinois 60609
For Sale
$130,000
3 beds / 2.0 baths / 966 ft2
Single Family / Built: 1884
73
1250 49th Place, Chicago, Illinois 60609
For Sale
$150,000
3 beds / 1.0 baths / 940 ft2
Single Family / Built: —
179
5308 Peoria Street, Chicago, Illinois 60609
For Sale
$179,900
2 beds / 1.1 baths / 1,141 ft2
Single Family / Built: 1910
165
839 54th Street, Chicago, Illinois 60609
For Sale
$219,000
3 beds / 1.2 baths / 1,200 ft2
Single Family / Built: 1879
60
Nearby Sold Comparables
5245 Racine Avenue, Chicago, Illinois 60609
Sold
$275,000
3 beds / 3.0 baths / 903 ft2
Single Family / Built: 1895
122
5252 May, Chicago, Illinois 60609
Sold
$49,900
3 beds / 1.0 baths / 0 ft2
Single Family / Built: —
7293
5252 May Street, Chicago, Illinois 60609
Sold
$7,300
3 beds / 1.0 baths / 1,008 ft2
Single Family / Built: 1888
5966
5230 May Street, Chicago, Illinois 60609
Sold
$238,000
4 beds / 2.0 baths / 3,125 ft2
Single Family / Built: 1905
844
5245 May Street, Chicago, Illinois 60609
Sold
$55,000
5 beds / 3.0 baths / 0 ft2
Single Family / Built: 1889
747
5247 May Street, Chicago, Illinois 60609
Sold
$40,000
2 beds / 1.0 baths / 1,200 ft2
Single Family / Built: 1890
1341
Contact Agent
Listing Provided By
Real Broker LLC
