NOT LISTED FOR SALE

10611 S Racine Ave Chicago, IL 60643

Washington Heights Neighborhood

Estimated Value: $119,000 - $166,000

3 Beds
1 Bath
912 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $5,500 $6 Per Sq Ft

Est. 2,373% increase in value since last sale

Current estimated payment $798/month

68 Days on Market

About This Home

As of February 2016

3 bedroom 1 bath bungalow ready for your ideas! The property has a nicely sized fenced yard with no neighbor on one side. Walkout unfinished basement, 2 bedrooms on main floor with living room, dining room, fronch room, kitchen, storage closet. Upper level has storage and 3rd bedroom. Property is being sold as-is, SELLER DOES NOT pay for customary closing costs including title policy, escrow fees, survey or transfer stamps. Buyer responsible for any city required inspections or permits. Property was built before 1978 and lead based paint potentially exists. Property is being sold cash only.

Last Agent to Sell the Property

Andrew Preze

RE/MAX Professionals License #475118228 Listed on: 11/13/2015

RE/MAX Professionals

Co-Listed By

Theresa Preze

RE/MAX Professionals License #475118184

Last Buyer's Agent

Alexandria Pope

Land Inheritance Realty & Development Ltd. License #471010125

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $740

Year Built

  • 1895

Lot Details

  • 9,148

Home Design

  • Frame Construction

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Unfinished Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$740

Year Built

1895

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1895
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1895

Interior Features

  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X12, On Level: Main Level
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 15X11, On Level: Main Level
  • Kitchen Type: Dimensions: 13X11, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X10, On Level: Main Level
  • Bedroom 2: Dimensions: 10X09, On Level: Main Level
  • Bedroom 3: Dimensions: 10X10, On Level: 2nd Level
  • Estimated Sq Ft: 912
  • Family Room: Dimensions: 9X12, On Level: Main Level

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Acreage: 0.2124

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 50 X 175
  • Parcel Identification Number: 25172230050000

Tax Info

  • Taxes: 1213.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Lester Raymond
Bought by
Ten Doors Llc
Current Estimated Value
$136,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Outstanding Balance
$55,464
Interest Rate
3.22%
Mortgage Type
Commercial
Estimated Equity
$95,237

Purchase Details

Closed on
Jan 14, 2022
Sold by
Lester Raymond
Bought by
Ten Doors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Outstanding Balance
$55,464
Interest Rate
3.22%
Mortgage Type
Commercial
Estimated Equity
$95,237

Purchase Details

Listed on
Nov 13, 2015
Closed on
Jan 26, 2016
Sold by
Secretary Of Veterans Affairs
Bought by
Lester Raymond
Seller's Agent
Andrew Preze
RE/MAX Professionals
Buyer's Agent
Alexandria Pope
Land Inheritance Realty & Development Ltd.
List Price
$12,000
Sold Price
$5,500
Premium/Discount to List
-$6,500
-54.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.33%

Purchase Details

Closed on
Nov 10, 2014
Sold by
Jacobs Cedric
Bought by
The Secretary Of Veterans Affairs

Purchase Details

Closed on
Feb 19, 1998
Sold by
Norris Hubert L
Bought by
Jacobs Cedric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.08%
Mortgage Type
VA

Purchase Details

Closed on
Mar 9, 1994
Sold by
Buoscio F Ronald and Gabriel Ramon C
Bought by
Norris Hubert L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ten Doors Llc -- --
Ten Doors Llc -- --
Ten Doors Llc -- --
Lester Raymond $5,500 Attorney
The Secretary Of Veterans Affairs -- None Available
Jacobs Cedric $50,000 Professional National Title
Norris Hubert L $9,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ten Doors Llc $59,500
Previous Owner Jacobs Cedric $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $5,500 -42.1% $6 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
12/16/2015 12/16/15 Price Changed $9,500 -20.8% $10 / Sq Ft
11/13/2015 11/13/15 For Sale $12,000 -- $13 / 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 $740 $8,800 $5,550 $3,250
2023 $721 $3,500 $2,019 $1,481
2022 $721 $3,500 $2,019 $1,481
2021 $705 $3,497 $2,016 $1,481
2020 $1,720 $7,702 $5,087 $2,615
2019 $1,705 $8,464 $5,087 $3,377
2018 $1,676 $8,464 $5,087 $3,377
2017 $2,181 $10,110 $4,625 $5,485
2016 $1,528 $10,110 $4,625 $5,485
2015 $1,375 $10,110 $4,625 $5,485
2014 $1,250 $9,288 $4,162 $5,126
2013 $1,214 $9,288 $4,162 $5,126
Source: Public Records

Agents Affiliated with this Home

  • Andrew Preze

    Seller's Agent in 2016

    Andrew Preze

    RE/MAX

    (630) 679-5424

    36 Total Sales

    Andrew Preze
    Section Image
  • Theresa Preze

    Seller Co-Listing Agent in 2016

    Theresa Preze

    RE/MAX

    (630) 759-2850

    24 Total Sales

    Theresa Preze
    Section Image

  • A

    Buyer's Agent in 2016

    Alexandria Pope

    Land Inheritance Realty & Development Ltd.

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09085777

Midwest Real Estate Data (MRED)

APN: 25-17-223-005-0000

Illinois Cook County Chicago 60643 Washington Heights

10611 S Racine Ave, Chicago, IL

This home is located at 10611 S Racine Ave, Chicago, IL 60643 since 13 November 2015 and is currently estimated at $136,018, approximately $149 per square foot. This property was built in 1895. 10611 S Racine Ave is a home located in Cook County with nearby schools including Mount Vernon Elementary School, Julian High School, and United Educational Cultural Academy.

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