$1,180,000
SOLD NOV 17, 2021

2614 N Racine Ave Unit 4 Chicago, IL 60614

West DePaul Neighborhood
3 Beds
2.5 Baths
2,200 Sq Ft
$390/mo HOA Fee

Recently Sold

$536 Per Sq Ft

4% Below List Price

20 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Great Room
  • Lincoln Park High School Rated A
  • Steam Shower
  • 2-minute walk to Supera Park

About This Home

As of October 2023

Remarkable one-of-a-kind 2,200 square foot full floor penthouse with unmatched outdoor space. This newer construction all brick home is flooded with natural light from unobstructed east, west and south views and has three bedrooms, two and a half baths. Expansive open chefs kitchen with island and breakfast bar features; stone countertops, new Italian glass tiled backsplash, Wolf double oven and cook top, 42 inch subzero fridge, beverage center and new Miele dishwasher. Kitchen pantry has custom pull out shelving. Large great room off kitchen with custom Plantation shutters walks out to a large deck perfect for entertaining and grilling. Separate formal dining room and living room with gas starter reflective glass fireplace opens to an east facing 350 square foot terrace overlooking tree lined Racine. Primary suite features multiple closets including a large walk-in. Primary bath boasts heated floors, steam shower, double vanity and oversized tub. Nicely sized second and third bedroom share full bath with walk in shower. New IPE roof top deck with custom planter boxes, irrigation system and pergola, was just completed in 2019 and has unobstructed south facing city skyline views. Tasteful crown molding and wainscoting throughout. Heated attached garage parking with snowmelt driveway and additional storage.

Last Agent to Sell the Property

Jeffrey Lowe

Compass License #475154506 Listed on: 09/21/2021

Compass

Last Buyer's Agent

Ashley Cox

Compass License #471019048

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,003

Year Built

  • Built in 2007

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Terrace

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

$18,003

Year Built

Built in 2007

Lot Details

0

HOA Fees

$390 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors
  • LivingArea: 2200
  • Room Type: Great Room, Walk In Closet, Deck, Terrace
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 1199000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 390
  • Association Fee Frequency: Monthly
  • 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
  • Special Assessments: U

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: 18002.6
  • Tax Year: 2020
  • 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
$1,311,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,979
Avg. Annual Appreciation
0.57%
Original Mortgage
$630,000
Outstanding Balance
$620,782
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$672,229

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
2.50%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,280,000 Chicago Title
Deed -- None Listed On Document
Deed -- Daniel O Hands Pc
Trustee Deed -- --
Warranty Deed $1,180,000 Near North National Title
Deed $992,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $630,000 New Conventional
Previous Owner $944,000 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $478,000 Adjustable Rate Mortgage/ARM
Previous Owner $524,000 New Conventional
Previous Owner $533,500 Unknown
Previous Owner $540,500 Unknown
Previous Owner $542,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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: 11220975

Midwest Real Estate Data (MRED)

APN: 14-29-310-054-1007