2842 N Racine Ave Unit 1 Chicago, IL 60657
Lakeview NeighborhoodEstimated Value: $1,005,543 - $1,087,000
3
Beds
2.5
Baths
2,500
Sq Ft
$190/mo
HOA Fee
Highlights
- 1 Car Detached Garage
- Living Room
- Central Air
- Lincoln Park High School Rated A
- Laundry Room
- 4-minute walk to South Lakeview Park
About This Home
As of August 2019Custom finishes throughout this high-end duplex down which truly lives like a single family home. Rare floor plan in full masonry solid building. Home features wide plank oak flooring, detailed millwork, solid panel doors, two fireplaces, premium windows, first floor sound system, wired lower level. Custom built-ins, window treatments, closets and cabinetry! Beautiful white kitchen with 48" soft close drawers and doors, Subzero & Wolf appliances and white quartz counters. Master suite includes 2 walk-in closets, a natural stone master bath with double vanity, heated floors, separate air tub and oversized steam shower. 3 Private decks including garage roof deck complete with pergola! Incredible entertaining opportunities.
Last Buyer's Agent
Andrew Gruesser
Kass Management Services Inc License #475154266
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $15,927
Year Built
- Built in 2011
Lot Details
- 3,354
HOA Fees
- $190 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,500 Sq Ft Home
- 3-Story Property
- Family Room
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Finished Basement
- English Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- Agassiz Elementary School
- Lincoln Park High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
Overview
- Association fees include insurance, exterior maintenance, lawn care, scavenger, snow removal
- 3 Units
- George Association, Phone Number (630) 362-1941
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2019
Closed on
Aug 16, 2019
Sold by
Gallagher Denise V and Gallagher Richard M
Bought by
Wilson Timothy D and Moore Melissa
Seller's Agent
George Kokkonas
33 Realty
Buyer's Agent
Andrew Gruesser
Kass Management Services Inc
List Price
$924,900
Sold Price
$905,000
Premium/Discount to List
-$19,900
-2.15%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,136
Avg. Annual Appreciation
3.27%
Original Mortgage
$90,500
Outstanding Balance
$76,845
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,013,033
Purchase Details
Listed on
Jul 13, 2015
Closed on
Aug 18, 2015
Sold by
Goodfellow James C and Nowicki Kristen
Bought by
Gallagher Denise V and Gallagher Richard M
Seller's Agent
Tim Sheahan
Compass
Buyer's Agent
George Kokkonas
33 Realty
List Price
$849,900
Sold Price
$850,000
Premium/Discount to List
$100
0.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.57%
Original Mortgage
$595,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 12, 2011
Sold by
Impressionist Homes On Racine Llc
Bought by
Goodfellow James C and Nowicki Kristen
Similar Homes in Chicago, IL
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wilson Timothy D | $905,000 | Chicago Title | |
| Gallagher Denise V | $850,000 | North American Title Company | |
| Goodfellow James C | $730,000 | Near North National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wilson Timothy D | $90,500 | |
| Open | Wilson Timothy D | $724,000 | |
| Previous Owner | Gallagher Denise V | $595,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2019 08/26/19 | Sold | $905,000 | -2.2% | $362 / Sq Ft |
| 06/25/2019 06/25/19 | Pending | -- | -- | -- |
| 06/13/2019 06/13/19 | For Sale | $924,900 | +8.8% | $370 / Sq Ft |
| 08/21/2015 08/21/15 | Sold | $850,000 | 0.0% | $340 / Sq Ft |
| 07/15/2015 07/15/15 | Pending | -- | -- | -- |
| 07/13/2015 07/13/15 | For Sale | $849,900 | -- | $340 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $18,305 | $89,014 | $24,129 | $64,885 |
| 2023 | $18,305 | $89,000 | $24,267 | $64,733 |
| 2022 | $18,305 | $89,000 | $24,267 | $64,733 |
| 2021 | $17,897 | $88,999 | $24,267 | $64,732 |
| 2020 | $17,123 | $76,865 | $9,429 | $67,436 |
| 2019 | $16,777 | $83,504 | $9,429 | $74,075 |
| 2018 | $18,106 | $91,662 | $9,429 | $82,233 |
| 2017 | $15,927 | $73,985 | $8,320 | $65,665 |
| 2016 | $14,818 | $73,985 | $8,320 | $65,665 |
| 2015 | $13,557 | $73,985 | $8,320 | $65,665 |
| 2014 | $12,460 | $69,722 | $6,933 | $62,789 |
| 2013 | $12,681 | $69,722 | $6,933 | $62,789 |
Source: Public Records
Agents Affiliated with this Home
-
George Kokkonas
Seller's Agent in 2019
George Kokkonas
33 Realty
(630) 362-1941
9 Total Sales
-
A
Buyer's Agent in 2019
Andrew Gruesser
Kass Management Services Inc
-
Tim Sheahan
Seller's Agent in 2015
Tim Sheahan
Compass
(312) 733-7201
22 in this area
587 Total Sales
-
Brendan O'Malley
B
Seller Co-Listing Agent in 2015
Brendan O'Malley
Compass
(773) 818-6656
7 in this area
76 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10398863
APN: 14-29-127-052-1001
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