NOT LISTED FOR SALE

2622 N Racine Ave Unit 1 Chicago, IL 60614

West DePaul Neighborhood

Estimated Value: $817,000 - $1,485,000

4 Beds
3 Baths
2,400 Sq Ft
$479/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $1,200,000 $500 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,572/month

16 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Whirlpool Bathtub
  • Senior Tax Exemptions
  • Lincoln Park High School Rated A
  • Detached Garage
  • 2-minute walk to Supera Park

About This Home

As of November 2021

Welcome to Lincoln Park! BRAND NEW LUXURY CONSTRUCTION. This 4 bedroom 2 1/2 bathroom duplex home expresses a modern and refined style. Entertainers Dream! Open floor plan extends all the way out to the rear terrace. Kitchen island spans 11 feet and features top of the line appliances including a Sub-Zero refrigerator, Bosch Microwave, and Wolf Stove. Natural oak on white kitchen cabinetry with brass handles and faucets complemented with quartz countertops. Refrigerator and Dishwasher paneled to match the cabinets for a seamless design. Floating shelves dry bar beverage center. Built in custom entertainment vanity. Natural oak hardwood floors throughout. Primary bedroom with walk-in closet includes an on-suite with Lafansia Italian ceramics, herringbone tile, dual undermount sinks, stand up RAIN shower, and FREE STANDING TUB. Heated floors throughout the lower level. Tilt and Turn Windows. Entryway & Mudroom Storage Bench. Premium millwork, coffered ceilings with lightweight concrete sound barriers between units with soundproofing mat. Pre-wired alarm and audio throughout. Cable modem and digital satellite ready. Security and intercom system. GARAGE ROOF RIGHTS INCLUDED. Outdoor terrace features porcelain decking with an outdoor fireplace with natural grill gas connection. Minutes to every amenity Chicago has to offer including Zoo's, Parks, Restaurants, Transportation, Great Schools, and Lake Michigan.

Last Agent to Sell the Property

Daniel Diaz

Baird & Warner License #475164958 Listed on: 09/20/2021

Baird & Warner

Co-Listed By

Joanna Diaz

Baird & Warner License #475171065

Last Buyer's Agent

Bruce Glazer

@properties Christie's International Real Estate License #475145475

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,048

Year Built

  • 2021

Lot Details

  • 3,093

HOA Fees

  • $150 per month

Parking

  • Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Duplex

Interior Spaces

  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Finished Basement

  • Walk-Up Access
  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Outdoor Fireplace

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,048

Year Built

2021

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo-Duplex
  • Property Sub Type: Condo-Duplex
  • Age: NEW Under Construction
  • 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
  • Co List Office Mls Id: MRD10013
  • Co List Office Phone: (773) 775-1855
  • Directions: From Fullerton head north on Racine to property. From Diversey head south on Racine to property.
  • Lot Size: COMMON
  • New Construction: Yes
  • Ownership: Condo
  • Special Features: NewHome
  • Year Built: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Wine Refrigerator, Range Hood
  • Has Basement: Full
  • Fireplace Features: Gas Log
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access,Walk-Up Access
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Dining Room,Exterior,Kitchen
  • Total Sq Ft: 0
  • Existing Basement/Foundation: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Bar-Dry, Hardwood Floors, Heated Floors, Storage, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Coffered Ceiling(s), Open Floorplan
  • Dining Room Type: Terrace, Utility Room-Lower Level, Walk In Closet
  • Stories: 3

Exterior Features

  • Exterior Building Type: Brick,Block
  • Lot Features: Sidewalks, Streetlights
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Self
  • Management Phone: 999-999-9999
  • Amenities: Storage, Sundeck, Ceiling Fan, Laundry, Covered Porch, Fencing, High Speed Conn., Patio, Private Laundry Hkup, Security, Security Lighting
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK

Fee Information

  • Association Fee Includes: Other

Schools

  • Junior High Dist: 299

Lot Info

  • 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

Multi Family

  • Units in Building: 3

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 3128.06
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 4, 2021
Sold by
Eirpol Llc
Bought by
Chicago Title Land Trust Company and Trust Number 8002387240
Seller's Agent
Daniel Diaz
Baird & Warner
Buyer's Agent
Bruce Glazer
@properties Christie's International Real Estate
List Price
$1,200,000
Sold Price
$1,200,000
Total Days on Market
16
Current Estimated Value
$1,148,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,157
Avg. Annual Appreciation
-1.20%

Purchase Details

Closed on
Jul 30, 2021
Sold by
Eirpol Llc
Bought by
Caniff Garrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2021
Sold by
Eirpol Llc
Bought by
Enright Madeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2020
Sold by
Martinez Justina and Justina Martinez Revocable Tru
Bought by
Eirpol Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,492,000
Interest Rate
3.25%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 28, 2004
Sold by
Martinez Guillermo and Martinez Justina
Bought by
Martinez Justina and Martinez Guillermo
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 Buyer Sale Price Title Company
Chicago Title Land Trust Company $1,200,000 Chicago Title
Caniff Garrett $680,000 Chicago Title Insurance Co
Enright Madeline $800,000 Chicago Title Insurance Co
Eirpol Llc $840,000 Affinity Title
Martinez Justina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicago Title Land Trust Compa $918,000
Previous Owner Caniff Garrett $510,000
Previous Owner Enright Madeline $640,000
Previous Owner Eirpol Llc $1,492,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $1,200,000 0.0% $500 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $1,200,000 -- $500 / 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 $24,048 $111,791 $24,618 $87,173
2023 $23,443 $113,981 $19,777 $94,204
2022 $23,443 $113,981 $19,777 $94,204
2021 $25,296 $125,795 $46,500 $79,295
2020 $14,638 $65,709 $22,320 $43,389
2019 $3,128 $87,575 $22,320 $65,255
2018 $3,081 $87,575 $22,320 $65,255
2017 $3,299 $63,623 $19,840 $43,783
2016 $11,886 $63,623 $19,840 $43,783
2015 $10,835 $63,623 $19,840 $43,783
2014 $8,101 $48,065 $16,740 $31,325
2013 $3,512 $48,065 $16,740 $31,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11224557

Midwest Real Estate Data (MRED)

APN: 14-29-310-035-0000