The Zeldovich approximation, 1st order Lagrangian perturbation theory, provides a good description of the clustering of matter and galaxies on large scales. The acoustic feature in the large-scale correlation function of galaxies imprinted by sound waves in the early Universe has been successfully used as a `standard ruler' to constrain the expansion history of the Universe. The standard ruler can be improved if a process known as density field reconstruction is employed. In this paper we develop the Zeldovich formalism to compute the correlation function of biased tracers in both real- and redshift-space using the simplest reconstruction algorithm with a Gaussian kernel and compare to N-body simulations. The model qualitatively describes the effects of reconstruction on the simulations, though its quantitative success depends upon how redshift-space distortions are handled in the reconstruction algorithm.