NOT LISTED FOR SALE

2614 N Racine Ave Unit 4 Chicago, IL 60614

West DePaul Neighborhood

Estimated Value: $1,254,000 - $1,528,000

3 Beds
2.5 Baths
-- Sq Ft
$405/mo HOA Fee

Last Sold October 26, 2023

Last sale price $1,280,000

Est. 8% increase in value since last sale

Current estimated payment $9,619/month

12 Days on Market

Highlights

  • Heated Driveway
  • Penthouse
  • Wood Flooring
  • Lincoln Park High School Rated A
  • Rooftop Deck
  • 2-minute walk to Supera Park

About This Home

As of October 2023

One-of-a-kind, full floor Lincoln Park penthouse with unparalleled outdoor space! This newer construction all brick home is flooded with natural light from unobstructed east, west and south exposures. The gorgeous and newly renovated home features a spacious and open floor plan with living room, dining room, stunning chef's kitchen, and a rare great room. The kitchen has been beautifully updated with a waterfall island, breakfast bar and seamless marble backsplash. The great room off of the kitchen steps out to a large rear deck perfect for entertaining and grilling. Separate formal dining room and living room opens to an east facing, 350 square foot terrace overlooking tree lined Lincoln Park. Primary suite features multiple custom closets including a large walk-in closet. Newly renovated primary bath boasts premium finishes throughout including heated floors, a steam shower, soaking tub, and custom millwork. Generously sized second and third bedrooms share a fully renovated marble bath with walk-in shower. Private ipe rooftop deck comes equipped with custom planter boxes, irrigation system and pergola and stunning unobstructed south facing skyline views. Heated, attached garage parking with snowmelt driveway and additional storage included. Steps to parks, shopping, restaurants, coffee, and all that Lincoln Park has to offer!

Last Agent to Sell the Property

Ashley Cox

Compass License #471019048 Listed on: 08/30/2023

Compass

Last Buyer's Agent

Susan Sondag

Baird & Warner License #475162684

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,512

Year Built

  • Built in 2005 | Remodeled in 2022

Lot Details

  • 6,229

HOA Fees

  • $405 Monthly HOA Fees

Parking

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

Home Design

  • Penthouse
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Skylights
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Terrace
  • Fire Pit
  • Pergola

Utilities

  • Forced Air Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 7 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,512

Year Built

Built in 2005 | Remodeled in 2022

Lot Details

0

HOA Fees

$405 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Penthouse
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 4
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2022

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • Room Type: Deck, Great Room, Terrace, Walk In Closet
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Roof Deck, Fire Pit, Other
  • List Price: 1300000
  • OtherStructures: Pergola
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Heated
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 405
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: N/A
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000X00000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • 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: 20512.17
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Oct 20, 2023
Sold by
Teocalli Llc
Bought by
Maniscalco Ryan and Maniscalco Jacqueline
Seller's Agent
Ashley Cox
Compass
Buyer's Agent
Susan Sondag
Baird & Warner
List Price
$1,300,000
Sold Price
$1,280,000
Premium/Discount to List
-$20,000
-1.54%
Views
12
Current Estimated Value
$1,379,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,800
Avg. Annual Appreciation
3.95%
Original Mortgage
$630,000
Outstanding Balance
$617,305
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$762,495

Purchase Details

Closed on
Mar 2, 2022
Sold by
Shaun And Tui Marion Family Trust
Bought by
Teocalli Llc

Purchase Details

Listed on
Sep 21, 2021
Closed on
Oct 24, 2021
Sold by
Frainey James and Berman Holly
Bought by
Marion Shaun D and Marion Tui A
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
Ashley Cox
Compass
List Price
$1,225,000
Sold Price
$1,180,000
Premium/Discount to List
-$45,000
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$944,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2007
Sold by
Standard Bank & Trust Co
Bought by
Frainey James and Berman Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,000
Interest Rate
6.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Maniscalco Ryan $1,280,000 Chicago Title
Teocalli Llc -- None Listed On Document
Teocalli Llc -- Daniel O Hands Pc
Teocalli Llc -- --
Marion Shaun D $1,180,000 Near North National Title
Frainey James $992,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maniscalco Ryan $630,000
Previous Owner Marion Shaun D $944,000
Previous Owner Frainey James $542,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2023 10/26/23 Sold $1,280,000 -1.5% --
09/12/2023 09/12/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $1,300,000 +10.2% --
11/17/2021 11/17/21 Sold $1,180,000 -3.7% $536 / Sq Ft View Prior Sale
10/12/2021 10/12/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $1,225,000 -- $557 / 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 $22,787 $115,074 $23,508 $91,566
2023 $22,214 $108,000 $18,958 $89,042
2022 $22,214 $108,000 $18,958 $89,042
2021 $20,512 $107,999 $18,958 $89,041
2020 $18,003 $86,397 $9,099 $77,298
2019 $17,600 $93,771 $9,099 $84,672
2018 $18,523 $93,771 $9,099 $84,672
2017 $16,067 $80,712 $8,088 $72,624
2016 $15,666 $80,712 $8,088 $72,624
2015 $14,309 $80,712 $8,088 $72,624
2014 $13,057 $72,943 $6,856 $66,087
2013 $12,788 $72,943 $6,856 $66,087
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11871973

Midwest Real Estate Data (MRED)

APN: 14-29-310-054-1007