2842 N Racine Ave Unit 3 Chicago, IL 60657
Lakeview NeighborhoodEstimated Value: $594,000 - $848,000
2
Beds
2
Baths
1,390
Sq Ft
$156/mo
HOA Fee
Highlights
- Sauna
- Heated Floors
- Balcony
- Lincoln Park High School Rated A
- Deck
- 4-minute walk to South Lakeview Park
About This Home
As of August 2020Luxury Penthouse with transitional finishes in a prime Lincoln Park sought after location. The unit features oak hardwood floors throughout, an open custom kitchen with Sub-Zero& Wolf appliances, 2 bdrm 2 bathrooms plus Den with wet bar, granite counters and tile backsplash, natural stone baths, master with air-jet tub, steam shower and heated flooring, crown molding, 3 private decks including an amazing roof deck with sweeping skyline views, roof deck size approximately 1200 sqft. A very unique property on coveted Racine Ave, steps to parks, shopping, restaurants, and public transportation.
Last Agent to Sell the Property
John Michaels
Kale Realty License #475166804 Listed on: 05/15/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,098
Year Built
- 2011
Lot Details
- East or West Exposure
HOA Fees
- $156 per month
Parking
- Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Slab Foundation
- Asphalt Rolled Roof
Interior Spaces
- Primary Bathroom is a Full Bathroom
- Wet Bar
- Sauna
- Kitchen Island
- Laundry on main level
Flooring
- Wood
- Heated Floors
Outdoor Features
- Balcony
- Deck
Utilities
- Central Air
- Heating System Uses Gas
- Lake Michigan Water
- Cable TV Available
Community Details
- Pets Allowed
Listing and Financial Details
- $1,800 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2020
Closed on
Jul 29, 2020
Sold by
Bega Danielle and Bega Danny
Bought by
Vanderweele Meagan and Metzger Patrick
Seller's Agent
John Michaels
Kale Realty
Buyer's Agent
Nolan Code
@properties Christie's International Real Estate
List Price
$674,900
Sold Price
$640,000
Premium/Discount to List
-$34,900
-5.17%
Total Days on Market
39
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
$90,185
Avg. Annual Appreciation
2.74%
Original Mortgage
$510,400
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 14, 2013
Closed on
Jun 6, 2013
Sold by
Minor James and Minor Kathryn
Bought by
Bega Danielle and Bega Danny
Seller's Agent
Dan Spain
Coldwell Banker Realty
Buyer's Agent
Vivian Israel
IVS Real Estate & Development, Inc.
List Price
$574,900
Sold Price
$568,000
Premium/Discount to List
-$6,900
-1.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%
Purchase Details
Closed on
May 20, 2011
Sold by
Impressionist Homes On Racine Llc
Bought by
Minor James and Minor Kathryn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Vanderweele Meagan | $640,000 | North American Title Company | |
| Bega Danielle | $568,000 | Multiple | |
| Minor James | $535,000 | Near North National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vanderweele Meagan | $510,400 | |
| Previous Owner | Minor James | $270,000 | |
| Previous Owner | Minor James | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2020 08/03/20 | Sold | $640,000 | -1.5% | $460 / Sq Ft |
| 06/23/2020 06/23/20 | Pending | -- | -- | -- |
| 06/17/2020 06/17/20 | Price Changed | $650,000 | -3.7% | $468 / Sq Ft |
| 06/10/2020 06/10/20 | For Sale | $674,900 | 0.0% | $486 / Sq Ft |
| 06/09/2020 06/09/20 | Price Changed | $674,900 | +5.5% | $486 / Sq Ft |
| 06/02/2020 06/02/20 | Off Market | $640,000 | -- | -- |
| 05/15/2020 05/15/20 | For Sale | $675,000 | +18.8% | $486 / Sq Ft |
| 06/10/2013 06/10/13 | Sold | $568,000 | -1.2% | $445 / Sq Ft |
| 03/19/2013 03/19/13 | Pending | -- | -- | -- |
| 03/14/2013 03/14/13 | For Sale | $574,900 | -- | $451 / 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 | $13,098 | $68,337 | $18,524 | $49,813 |
| 2023 | $13,098 | $67,100 | $18,630 | $48,470 |
| 2022 | $13,098 | $67,100 | $18,630 | $48,470 |
| 2021 | $12,823 | $67,099 | $18,630 | $48,469 |
| 2020 | $13,146 | $59,011 | $7,239 | $51,772 |
| 2019 | $12,880 | $64,107 | $7,239 | $56,868 |
| 2018 | $12,676 | $64,169 | $7,239 | $56,930 |
| 2017 | $12,227 | $56,799 | $6,387 | $50,412 |
| 2016 | $11,376 | $56,799 | $6,387 | $50,412 |
| 2015 | $10,408 | $56,799 | $6,387 | $50,412 |
| 2014 | $9,931 | $53,526 | $5,322 | $48,204 |
| 2013 | $9,735 | $53,526 | $5,322 | $48,204 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
John Michaels
Kale Realty
(630) 748-9678
-
Nolan Code
Buyer's Agent in 2020
Nolan Code
@ Properties
(630) 639-7633
1 in this area
11 Total Sales
-
Dan Spain
Seller's Agent in 2013
Dan Spain
Coldwell Banker Realty
(708) 579-2512
4 Total Sales
-
Vivian Israel
V
Buyer's Agent in 2013
Vivian Israel
IVS Real Estate & Development, Inc.
(847) 421-0990
8 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10715687
APN: 14-29-127-052-1003
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