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Duplex with Unfinished Basement
For Sale
$260,000

4942 S RACINE Avenue, Chicago, IL 60609

Two-flat duplex with four bedrooms, two bathrooms, a full unfinished basement, and four parking spaces.

Days on Market131

Property Features for 4942 S RACINE Avenue

General Information

Standard status Active
Total Parking Spaces 4
Property subtype MULTI_FAMILY

Building Details

Year Built 1914
Listing Agency: Equity Realty
Listed By: Jonathan Gil · License #471012042
Source: Harkinsandassociates
Added: Mar 24 Changed: Jul 31 Last Checked: Aug 1 at 11:13AM

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 Equity Realty

Investment Insights

Based on property information with market context.

This duplex is set up as a two-flat building with large apartments. The layout includes four bedrooms and two bathrooms, along with a full, unfinished basement. The property also provides four parking spaces, supporting day-to-day access for tenants or an owner-occupied household.

Built in 1914, the building offers a structure suited to buyers looking for a duplex configuration with additional storage or expansion space in the basement level.

The unit configuration and basement setup make the property straightforward to evaluate for owner occupancy or income use, with the duplex format providing two separate apartment spaces.

Key Highlights

  • Two‑flat duplex with large apartments
  • Four bedrooms and two bathrooms
  • Full unfinished basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Accounting Firm Gym & Fitness 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

964
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 - Two-flat duplex with four bedrooms, two bathrooms, a full unfinished basement, and four parking spaces.
Where is this duplex located?
The property is located at 4942 S RACINE Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two‑flat duplex with large apartments; Four bedrooms and two bathrooms; Full unfinished basement
More about this property
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