159 N Racine Ave Chicago, IL 60607
West Loop Neighborhood
2
Beds
3
Baths
2,500
Sq Ft
5,793
Sq Ft Lot
About This Home
This home is located at 159 N Racine Ave, Chicago, IL 60607. 159 N Racine Ave is a home located in Cook County with nearby schools including Skinner Elementary School, Wells Community Academy High School, and Rauner College Prep.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 1, 2021
Sold by
Racine Llc
Bought by
167 Racine Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,138,000
Outstanding Balance
$9,129,202
Interest Rate
2.7%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 4, 2016
Sold by
Albany Bank & Trust Company Na
Bought by
159 N Racine Llc
Purchase Details
Closed on
Nov 3, 2003
Sold by
Lasalle Bank Na
Bought by
Greenberg Richard and Wexner Richard
Purchase Details
Closed on
Jan 16, 2003
Sold by
North Star Trust Co
Bought by
Albany Bank & Trust Co and Trust #11-4827
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
5.96%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 167 Racine Llc | $10,400,000 | Chicago Title | |
| 159 N Racine Llc | -- | Attorney | |
| Greenberg Richard | -- | Ctic | |
| Albany Bank & Trust Co | -- | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 167 Racine Llc | $10,138,000 | |
| Previous Owner | Albany Bank & Trust Co | $1,600,000 |
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 |
|---|---|---|---|---|
| 2025 | $59,469 | $282,895 | $58,000 | $224,895 |
| 2024 | $59,469 | $282,895 | $58,000 | $224,895 |
| 2023 | $57,971 | $280,891 | $11,600 | $269,291 |
| 2022 | $57,971 | $280,891 | $11,600 | $269,291 |
| 2021 | $56,670 | $280,891 | $11,600 | $269,291 |
| 2020 | $32,283 | $144,438 | $11,600 | $132,838 |
| 2019 | $29,116 | $144,438 | $11,600 | $132,838 |
| 2018 | $28,624 | $144,438 | $11,600 | $132,838 |
| 2017 | $23,130 | $107,078 | $9,860 | $97,218 |
| 2016 | $21,447 | $107,078 | $9,860 | $97,218 |
| 2015 | $19,622 | $107,078 | $9,860 | $97,218 |
| 2014 | $16,804 | $90,568 | $9,860 | $80,708 |
| 2013 | $16,472 | $90,568 | $9,860 | $80,708 |
Source: Public Records
Map
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