NOT LISTED FOR SALE

23 N Racine Ave Unit 405 Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $597,000 - $685,000

2 Beds
2 Baths
1,500 Sq Ft
1.73 Acres

Last Sold July 15, 2016

Last sale price $485,000 $323 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,040/month

Highlights

  • Attached Garage
  • Soaking Tub
  • Combination Dining and Living Room
  • Skinner Elementary School Rated A-
  • Resident Manager or Management On Site

About This Home

As of October 2021

Rarely available 2bed/ 2 bath duplex down in highly sought after West Loop building! Beautiful gated community with stunning landscaping. Updated kitchen with white cabinets, granite counters, stainless steel appliances and pantry for extra storage! Hardwood floors through. Living space features plenty of natural light. Custom window treatments. Walk in laundry room. Private gated patio space and attached car garage with tons of storage. Walk proximity to public transportation, restaurants, shopping and more!

Last Agent to Rent the Property

Chrissy Gallan

Westward360 RM License #475170576 Listed on: 08/30/2021

Last Renter's Agent

Marta Slobodyanyuk

Fulton Grace Realty License #475192687

Fulton Grace Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,866

Year Built

  • 1999

Lot Details

  • 1.73

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Soaking Tub
  • Combination Dining and Living Room

Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Community Details

Overview

  • 7 Units
  • Association Phone (312) 666-0149
  • Property managed by Hales Property Management, Inc.

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,866

Year Built

1999

Lot Details

0

Parking

1

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 3000
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999
  • Available Date: 2021-09-01

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub Type: Attached
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Directions: Racine 1/2 block North of Madison
  • Lot Size: COMMON
  • Special Features: None
  • Year Built: 1999

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Has Basement: Full, Walkout
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Dining Room Type: Office
  • Stories: 7

Exterior Features

  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Lot Features: Corner Lot, Fenced Yard, Landscaped
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Management: Manager Off-site
  • Management Company: Hales Property Management, Inc.
  • Management Phone: 312-666-0149
  • Amenities: None
  • Pets Allowed: Additional Pet Rent, Dogs OK
  • HOA Rent Includes: Water, Parking, Scavenger, Exterior Maintenance, Snow Removal

Schools

  • Elementary School: Skinner Elementary School
  • High School: Crane Technical Prep High School
  • Junior High Dist: 299
  • Middle Or Junior School: Skinner Elementary School

Multi Family

  • Units in Building: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Jul 14, 2016
Sold by
Hein Patrick Thomas and Hein Aucia
Bought by
Perrino Michael and Perrino Janice
Seller's Agent
David Mishel
Compass
Buyer's Agent
Kathy Murphy
Baird & Warner
List Price
$479,999
Sold Price
$485,000
Premium/Discount to List
$5,001
1.04%
Current Estimated Value
$624,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,958
Avg. Annual Appreciation
4.12%
Original Mortgage
$339,500
Outstanding Balance
$272,861
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$430,034

Purchase Details

Closed on
Jul 19, 2013
Sold by
Woznicki Diana L
Bought by
Hein Patrick Thomas and Gallegos Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2004
Sold by
Koenigsberger Michael and Koenigsberger Theresa
Bought by
Woznicki Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1998
Sold by
Washington Boulevard Llc
Bought by
Koenigsberger Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,900
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Perrino Michael $485,000 Old Republic Title
Hein Patrick Thomas $335,000 Fedelity National Title
Woznicki Diana L $321,000 Professional National Title
Koenigsberger Michael F $213,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perrino Michael $339,500
Previous Owner Hein Patrick Thomas $251,250
Previous Owner Woznicki Diana L $255,000
Previous Owner Woznicki Diana L $250,500
Previous Owner Woznicki Diana L $50,000
Previous Owner Woznicki Diana L $49,990
Previous Owner Woznicki Diana L $192,000
Previous Owner Koenigsberger Michael F $165,000
Previous Owner Koenigsberger Michael F $95,700
Previous Owner Koenigsberger Michael F $170,900
Closed Koenigsberger Michael F $21,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Rented -- -- --
09/14/2021 09/14/21 Under Contract -- -- --
08/30/2021 08/30/21 For Rent $3,000 0.0% --
07/15/2016 07/15/16 Sold $485,000 +1.0% $323 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $479,999 -- $320 / 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 $8,866 $52,789 $4,347 $48,442
2023 $8,643 $41,879 $2,384 $39,495
2022 $8,643 $41,879 $2,384 $39,495
2021 $8,449 $41,877 $2,383 $39,494
2020 $9,544 $42,701 $2,383 $40,318
2019 $9,421 $46,733 $2,383 $44,350
2018 $9,261 $46,733 $2,383 $44,350
2017 $7,112 $32,926 $2,103 $30,823
2016 $6,095 $32,926 $2,103 $30,823
2015 $5,553 $32,926 $2,103 $30,823
2014 $4,805 $28,468 $1,787 $26,681
2013 $5,178 $28,468 $1,787 $26,681
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11204622

Midwest Real Estate Data (MRED)

APN: 17-08-443-042-1005