NOT LISTED FOR SALE

2712 N Racine Ave Unit 1 Chicago, IL 60614

West DePaul Neighborhood

Estimated Value: $902,000 - $1,007,000

3 Beds
2.5 Baths
2,200 Sq Ft
$211/mo HOA Fee

Last Sold June 15, 2023

Last sale price $830,000 $377 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,171/month

28 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Sitting Room
  • Lincoln Park High School Rated A
  • Game Room
  • 4-minute walk to Supera Park

About This Home

As of June 2023

This beautifully renovated duplex condo in North Lincoln Park offers a luxurious living experience with ample space and high-end finishes. Featuring 3 large bedrooms, 2.5 bathrooms, and over 9-foot ceilings, the unit feels like a single family home complete with a private covered deck. The interior has been thoughtfully designed and updated with top-of-the-line finishes including new hardwood floors, custom cabinetry, stainless steel appliances and quartz countertops in the kitchen. The unit also includes a new powder room and a stunning primary bathroom with a soaking tub, walk-in shower, and dual vanities complete with Rejuvenation lighting and Restoration Hardware mirrors. Additional updates include a fireplace in both living spaces new radiant heated floors on the lower level, a floor-to-ceiling 250 bottle temperature-controlled wine cabinet, an onyx-topped bar and custom closet designs Throughout. The unit also comes with a garage spot included in the price. Enjoy easy access to retail, restaurants, the Southport Corridor, Lake Michigan, and more from this ideal location in Lincoln Park. Don't miss out on this must-see home! The seller for this unit has a $356,000 mortgage at 2.875% which is ASSUMABLE to a buyer!!!

Last Agent to Sell the Property

Vincent Anzalone

Baird & Warner License #475167321 Listed on: 03/28/2023

Baird & Warner

Co-Listed By

Julie Nerenberg

Baird & Warner License #475189635

Last Buyer's Agent

Charles Arnold

Keller Williams ONEChicago License #475189470

Keller Williams ONEChicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,194

Year Built

  • Built in 2003 | Remodeled in 2020

Lot Details

  • 3,093

HOA Fees

  • $211 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • 3-Story Property
  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • Sitting Room
  • Dining Room
  • Game Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Agassiz Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, scavenger
  • 3 Units
  • 2 Bed 2 Bath W/Gar Parking

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,194

Year Built

Built in 2003 | Remodeled in 2020

Lot Details

0

HOA Fees

$211 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: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2020
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • LivingArea: 2200
  • Room Type: Deck, Sitting Room, Game Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 899000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 211
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Self Managed
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger

Schools

  • Elementary School: Agassiz Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Agassiz Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: CONDO
  • 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: 0

Tax Info

  • Tax Annual Amount: 11194.44
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Jun 12, 2023
Sold by
Marquardt Thomas Richard and Marquardt Jennifer Dawn
Bought by
Chandrasekaran Bharath
Seller's Agent
Vincent Anzalone
Baird & Warner
Buyer's Agent
Charles Arnold
Keller Williams ONEChicago
List Price
$899,000
Sold Price
$830,000
Premium/Discount to List
-$69,000
-7.68%
Views
38
Current Estimated Value
$943,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,310
Avg. Annual Appreciation
4.61%
Original Mortgage
$664,000
Outstanding Balance
$646,507
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$273,369

Purchase Details

Closed on
Oct 12, 2008
Sold by
Marquardt Gretchen Colleen
Bought by
Marquardt Thomas Richard

Purchase Details

Closed on
Apr 17, 2002
Sold by
Prairie Bank & Trust Company
Bought by
Marquardt Thomas R and Marquardt Gretchen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,800
Interest Rate
6.62%
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
Chandrasekaran Bharath $830,000 Proper Title
Marquardt Thomas Richard -- None Available
Marquardt Thomas R $503,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandrasekaran Bharath $664,000
Previous Owner Marquardt Thomas R $402,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $830,000 -7.7% $377 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $899,000 -- $409 / 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 $11,749 $83,000 $22,531 $60,469
2023 $11,432 $59,000 $18,170 $40,830
2022 $11,432 $59,000 $18,170 $40,830
2021 $11,194 $58,999 $18,170 $40,829
2020 $12,964 $61,297 $8,721 $52,576
2019 $12,678 $66,529 $8,721 $57,808
2018 $12,463 $66,529 $8,721 $57,808
2017 $10,791 $53,502 $7,752 $45,750
2016 $10,216 $53,502 $7,752 $45,750
2015 $9,323 $53,502 $7,752 $45,750
2014 $8,960 $50,860 $6,571 $44,289
2013 $8,772 $50,860 $6,571 $44,289
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11737618

Midwest Real Estate Data (MRED)

APN: 14-29-306-046-1001