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Two-Unit Building with Garage
For Sale
$120,000

4734 S Racine Avenue, Chicago, IL 60609

Forced-air heating and an unfinished basement add functional flexibility to the residential layout.

Property SizeContact for details
Days on Market18

Property Features for 4734 S Racine Avenue

General Information

Standard status Active
Property subtype Multi-Family

Amenities

Forced Air

Building Details

Year Built 1888
Listing Agency: RE/MAX Premier
Listed By: Ryan Smith · License #475150650
Source: Kw
Added: Aug 15 Changed: Aug 31 Last Checked: Aug 31 at 1:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Premier

Investment Insights

Based on property information with market context.

Built in 1888, this duplex includes two residential units with generous living arrangements. The first-floor unit has two bedrooms, while the second-floor unit has three bedrooms. Each unit includes a formal living room connected to a formal dining room, with eastern exposure bringing natural light into the living areas. Forced-air heating serves the building.

An unfinished basement offers additional space and may be duplexed into the main-level unit. The property also includes a deep lot and a two-car garage. Located on S Racine Avenue in Chicago, the building is near the Red Line and Dan Ryan.

Key Highlights

  • Two‑unit duplex with a 2‑bedroom first‑floor unit and 3‑bedroom second‑floor unit
  • Formal living and dining rooms in both units
  • Eastern exposure provides natural light to the living areas

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,030
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Forced-air heating and an unfinished basement add functional flexibility to the residential layout.
Where is this duplex located?
The property is located at 4734 S Racine Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Two‑unit duplex with a 2‑bedroom first‑floor unit and 3‑bedroom second‑floor unit; Formal living and dining rooms in both units; Eastern exposure provides natural light to the living areas
More about this property
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