NOT LISTED FOR SALE

1033 S Racine Ave Unit 1S Chicago, IL 60607

Little Italy Neighborhood

Estimated Value: $459,000 - $855,000

4 Beds
3 Baths
2,800 Sq Ft
$262/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $780,000 $279 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,631/month

6 Days on Market

Highlights

  • Heated Floors
  • End Unit
  • Stainless Steel Appliances
  • Deck
  • Steam Shower
  • 3-minute walk to Maxwell Street Community Garden

About This Home

As of February 2024

Welcome to 1033 S Racine #1S, a remarkable, modern 4-bedroom, 3-bath duplex nestled in the vibrant and historic Little Italy neighborhood of Chicago. The main level of this beautifully designed residence features an open floor plan that seamlessly connects living, dining, and kitchen. The chef-inspired kitchen is anchored with an oversized island, perfect for entertaining. Tons of high-end updates including designer light fixtures, gold hardware, custom drapes, motorized shades, wallpaper and so much more. The main level features two bedrooms including a primary bedroom with a spacious walk-in closet and a spa-like bath. On the lower-level you will find two additional bedrooms, a laundry room, a third full bath and a generously sized family room. Family room includes a custom media wall and a dry bar with a beverage cooler. This residence includes two outdoor areas perfect for grilling, along with one garage parking spot. Situated in one of Chicago's most desirable neighborhoods, you'll be close to the University of Illinois at Chicago, the Medical District, and the bustling West Loop. Plenty of dining options, shops, and nightlife within a short walk and easy access to public transportation and major highways for commuting. Schedule your showing today!

Last Agent to Sell the Property

Darrell Scott

Compass License #475156044 Listed on: 01/03/2024

Compass

Last Buyer's Agent

Darrell Scott

Compass License #475156044 Listed on: 01/03/2024

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,620

Year Built

  • Built in 2015

Lot Details

  • End Unit

HOA Fees

  • $321 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Half Duplex
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,800 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Dry Bar
  • Electric Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Steam Shower
  • Shower Body Spray

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Deck

Schools

  • Smyth Elementary School
  • Wells Community Academy Senior H High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 8 Units
  • Association Phone (773) 645-4455

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,620

Year Built

Built in 2015

Lot Details

0

HOA Fees

$321 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex,Condo,Condo-Duplex
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: 1/2 Duplex,Condo,Condo-Duplex
  • Year Built: 2015
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full, English
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Interior Amenities: Bar-Dry, Hardwood Floors, Heated Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)
  • LivingArea: 2800
  • Other Equipment: Humidifier, Intercom, CO Detectors
  • Room Type: Balcony/Porch/Lanai, Walk In Closet
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Steam Shower,Double Sink,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Deck, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 799000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Block,Stone

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete,Off Alley,Heated
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 321
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self managed
  • Management Contact Name: Self managed
  • Management Phone: 773-645-4455
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: Smyth Elementary School
  • High School: Wells Community Academy Senior H
  • Middle/Junior School: Smyth Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 14620
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Jan 31, 2024
Sold by
Pak Jaeyoung and Pak Cassidy
Bought by
Woodard Bradley C and Guillen Mariam
Seller's Agent
Darrell Scott
Compass
Buyer's Agent
Darrell Scott
Compass
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Views
151
Current Estimated Value
$734,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,127
Avg. Annual Appreciation
-4.58%
Original Mortgage
$390,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2020
Closed on
Jan 29, 2021
Sold by
Robles Francisco and Thomas Jamie
Bought by
Pak Jaeyoung and Welter Cassidy
Seller's Agent
Grigory Pekarsky
Vesta Preferred LLC
Buyer's Agent
Vasiliki Kanavos
Compass
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Original Mortgage
$657,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Woodard Bradley C $780,000 Fidelity National Title
Pak Jaeyoung $730,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodard Bradley C $388,380
Closed Woodard Bradley C $390,000
Previous Owner Pak Jaeyoung $657,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2024 02/08/24 Sold $780,000 -2.4% $279 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $799,000 +9.5% $285 / Sq Ft
02/01/2021 02/01/21 Sold $730,000 -1.4% $261 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/17/2020 08/17/20 Price Changed $740,000 -1.3% $264 / Sq Ft
07/06/2020 07/06/20 For Sale $750,000 +10.3% $268 / Sq Ft
09/16/2016 09/16/16 Sold $680,000 -2.7% $243 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $699,000 -- $250 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,047 $78,693 $6,774 $71,919
2023 $15,643 $75,797 $4,113 $71,684
2022 $15,643 $75,797 $4,113 $71,684
2021 $14,620 $75,795 $4,112 $71,683
2020 $13,726 $64,512 $4,112 $60,400
2019 $12,313 $64,512 $4,112 $60,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11954535

Midwest Real Estate Data (MRED)

APN: 17-17-426-075-1001