NOT LISTED FOR SALE

2852 N Racine Ave Unit 2 Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $672,000 - $741,000

2 Beds
2 Baths
-- Sq Ft
$153/mo HOA Fee

Last Sold May 14, 2021

Last sale price $575,000

Est. 22% increase in value since last sale

Current estimated payment $4,889/month

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • East or West Exposure
  • Lincoln Park High School Rated A
  • Garage
  • 4-minute walk to South Lakeview Park

About This Home

As of May 2021

Freshly painted cabinets and walls in this this luxury 2 bed, 2 bath condo! Beautiful hardwood floors and millwork throughout, two separate outdoor spaces and open concept living. Chef's kitchen features Viking appliances, granite countertops and 42" custom cabinets. Stunning living room centers around a fireplace flanked by built-in shelving. Living room opens to spacious and fully covered front balcony, creating an indoor/outdoor living and entertaining oasis. Master suite with large, organized walk in closet. Master bath houses a double vanity, radiant floors, whirlpool tub, and separate steam shower. Second bedroom with ample room for queen bed or perfect as a home office or nursery. Large back deck, entered from both the hallway and the master, completes this Lakeview home. Additional building storage and garage parking. Walk to restaurants, shops and transportation!

Last Agent to Sell the Property

Emily Smart LeMire

Compass License #475134752 Listed on: 09/30/2020

Compass

Co-Listed By

Lydia Fields

Compass

Last Buyer's Agent

Alexandre Stoykov

Compass License #471003645

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,116

Year Built | Renovated

  • 2011 | 2021

Lot Details

  • 3,311

HOA Fees

  • $153 per month

Home Design

  • Brick Exterior Construction

Parking

  • Garage
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Balcony
  • East or West Exposure

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,116

Year Built | Renovated

2011 | 2021

Lot Details

0

HOA Fees

$153 per month

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Rehab Year: 2021
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2011
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2011
  • Year Renovated: 2021

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X18, On Level: 2nd Level, Flooring: Hardwood
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: 2nd Level
  • Kitchen Type: Dimensions: 18X10, On Level: 2nd Level, Flooring: Hardwood
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 18X17, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Balcony, Dimensions: 18X9
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: E (East), W (West)

Garage/Parking

  • Parking: Garage
  • Garage On Site: Yes
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Storage
  • Assessment Association Fees: 153
  • Management Contact Name: Self
  • Management Phone: 999-999-9999

Fee Information

  • Management Company: Self

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14291270511002

Multi Family

  • Total Number Unitsin Building: 3
  • Number Stories: 3

Tax Info

  • Taxes: 5784.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
May 12, 2021
Sold by
Farmer Edward and Farmer Jeremy
Bought by
Mccormack Daniel and Bryant Shannon
Seller's Agent
Emily Smart LeMire
Compass
Buyer's Agent
Alexandre Stoykov
Compass
List Price
$549,000
Sold Price
$575,000
Premium/Discount to List
$26,000
4.74%
Current Estimated Value
$699,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,270
Avg. Annual Appreciation
4.28%
Original Mortgage
$325,000
Outstanding Balance
$296,438
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$391,809

Purchase Details

Listed on
Jul 9, 2015
Closed on
Aug 14, 2015
Sold by
Bauer Tyson and Baker Elizabeth
Bought by
Farmer Edward and Fazmer Jeremy
Seller's Agent
Paul Solitro
Baird & Warner
Buyer's Agent
Emily Smart LeMire
Compass
List Price
$525,000
Sold Price
$512,000
Premium/Discount to List
-$13,000
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$384,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2011
Sold by
Berrings Builders Llc
Bought by
Bauer Tyson and Baker Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Mccormack Daniel $575,000 Proper Title Llc
Farmer Edward $512,000 Proper Title Llc
Bauer Tyson $430,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormack Daniel $325,000
Previous Owner Farmer Edward $384,000
Previous Owner Bauer Tyson $387,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $575,000 +4.7% --
05/14/2021 05/14/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $549,000 0.0% --
01/01/2019 01/01/19 Rented $2,900 0.0% --
12/12/2018 12/12/18 Under Contract -- -- --
12/03/2018 12/03/18 For Rent $2,900 0.0% --
08/25/2015 08/25/15 Sold $512,000 -2.5% --
07/21/2015 07/21/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $525,000 -- --
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 $11,116 $63,041 $14,801 $48,240
2023 $10,814 $56,000 $14,886 $41,114
2022 $10,814 $56,000 $14,886 $41,114
2021 $10,591 $55,999 $14,886 $41,113
2020 $9,811 $47,142 $5,784 $41,358
2019 $9,600 $51,213 $5,784 $45,429
2018 $9,438 $51,213 $5,784 $45,429
2017 $9,544 $47,709 $5,103 $42,606
2016 $9,055 $47,709 $5,103 $42,606
2015 $8,262 $47,709 $5,103 $42,606
2014 $7,641 $43,753 $4,253 $39,500
2013 $7,958 $43,753 $4,253 $39,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11034556

Midwest Real Estate Data (MRED)

APN: 14-29-127-051-1002