2852 N Racine Ave Unit 3 Chicago, IL 60657
Lakeview NeighborhoodEstimated Value: $736,000 - $784,000
2
Beds
2
Baths
--
Sq Ft
$176/mo
HOA Fee
Highlights
- Bar or Lounge
- Rooftop Deck
- Living Room with Fireplace
- Lincoln Park High School Rated A
- Open Floorplan
- 4-minute walk to South Lakeview Park
About This Home
As of April 2024Welcome to 2852 N Racine Ave #3, Chicago, IL. 60657-an extraordinary urban residence seamlessly bridging Lakeview and Lincoln Park. This stunning luxury penthouse offers a remarkable 5 private outdoor spaces, including a meticulously crafted rooftop oasis spanning the entire building, offering a combined total of 2611 sqft of indoor and outdoor spaces. Your low monthly HOA covers Water, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, and Snow Removal. This 2-bedroom, 2-bath residence boasts an additional lofted office/flex space on the upper level. Custom millwork, ceilings, wainscoting, and gleaming hardwood floors create an inviting atmosphere, complemented by a gas fireplace and built-in cabinetry in the capacious living room. The chef's kitchen features Viking and Bosch appliances, granite countertops, and custom cabinets-a culinary dream. Luxuriate in spa-like limestone bathrooms with a steam shower, whirlpool, radiant heated floor, and dual vanities. The thoughtful design extends to custom-built closets and modern conveniences like surround sound throughout entire home and a Nest thermostat system. Step onto the expansive main-level front deck for outdoor enjoyment. The primary bedroom boasts its own substantial deck, while another extended main-level private deck offers space for a lush garden or dog run. Yet, the true piece de resistance awaits upstairs-two expansive private roof decks (east and west), lavishly upgraded with a built-in grill, sink, refrigerator, ice maker, see-through gas fireplace, flat-screen TV, and speaker system. Glass wind shields, an extended roof with skylights, and custom lighting ensure year-round entertainment with stunning Chicago skyline views. Even the garage parking offers a remarkable bonus-it's pre-wired for your Tesla! All light fixtures were upgraded in 2018. New garage sensor from 2023. Hot water heater from 2019. Positioned at the crossroads of Lincoln Park and Lakeview, this residence is steps from premier shopping, dining, nightlife, and public transportation in a well-run, self-managed building. The seller might consider the option of leasing back the unit if the buyers currently have an existing lease and do not intend to relocate until later. Don't miss the opportunity to experience this extraordinary home-schedule your showing today.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $14,398
Year Built
- Built in 2011 | Remodeled in 2018
Lot Details
- 3,311
HOA Fees
- $176 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Home Design
- Half Duplex
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3-Story Property
- Open Floorplan
- Wet Bar
- Bookcases
- Historic or Period Millwork
- Ceiling Fan
- Gas Log Fireplace
- Blinds
- Living Room with Fireplace
- 2 Fireplaces
- Combination Dining and Living Room
- Loft
- Storage
- Wood Flooring
- Intercom
Kitchen
- Built-In Oven
- Gas Oven
- Gas Cooktop
- Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Whirlpool Bathtub
- Steam Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Balcony
- Rooftop Deck
- Patio
- Outdoor Fireplace
- Fire Pit
- Outdoor Grill
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
- Lake Michigan Water
Community Details
Overview
- Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 3 Units
- Duplex Up Penthouse
Amenities
- Bar or Lounge
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Security
- Storm Screens
- Carbon Monoxide Detectors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 21, 2023
Closed on
Apr 8, 2024
Sold by
Stelter Robert J
Bought by
Haas John and Haas Stephanie
Seller's Agent
Chih-Hao Yang
Fulton Grace Realty
Buyer's Agent
Melinda Jakovich-Lagrange
Compass
List Price
$760,000
Sold Price
$720,000
Premium/Discount to List
-$40,000
-5.26%
Total Days on Market
140
Views
140
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
$46,679
Avg. Annual Appreciation
5.66%
Original Mortgage
$250,000
Outstanding Balance
$247,004
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$519,675
Purchase Details
Closed on
May 26, 2017
Sold by
Grassi Laura L
Bought by
Stelter Robert J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Aug 1, 2014
Closed on
Aug 28, 2014
Sold by
Buono Chaney Jared P and Buono Chaney Linda
Bought by
Grassi Laura L and Second Restatement Of Declaration Of Tru
Seller's Agent
John Irwin
Baird & Warner
Buyer's Agent
John Irwin
Baird & Warner
List Price
$735,000
Sold Price
$710,000
Premium/Discount to List
-$25,000
-3.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%
Purchase Details
Closed on
Apr 29, 2011
Sold by
Berrings Builders Llc
Bought by
Buono Chaney Jared P and Buono Chaney Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,700
Interest Rate
3.75%
Mortgage Type
New Conventional
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
Similar Homes in Chicago, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Haas John | $720,000 | Citywide Title | |
| Stelter Robert J | $730,000 | Attorneys Title Guaranty Fun | |
| Grassi Laura L | $674,000 | None Available | |
| Buono Chaney Jared P | $545,000 | Cti |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Haas John | $250,000 | |
| Previous Owner | Stelter Robert J | $584,000 | |
| Previous Owner | Chaney Jared P | $401,500 | |
| Previous Owner | Buono Chaney Jared P | $408,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2024 04/08/24 | Sold | $720,000 | -5.3% | -- |
| 02/08/2024 02/08/24 | Pending | -- | -- | -- |
| 09/21/2023 09/21/23 | For Sale | $760,000 | +7.0% | -- |
| 08/28/2014 08/28/14 | Sold | $710,000 | -3.4% | -- |
| 08/08/2014 08/08/14 | Pending | -- | -- | -- |
| 08/01/2014 08/01/14 | For Sale | $735,000 | -- | -- |
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 | $14,398 | $78,456 | $18,420 | $60,036 |
| 2023 | $14,398 | $70,000 | $18,526 | $51,474 |
| 2022 | $14,398 | $70,000 | $18,526 | $51,474 |
| 2021 | $14,076 | $69,999 | $18,526 | $51,473 |
| 2020 | $13,070 | $58,669 | $7,198 | $51,471 |
| 2019 | $12,805 | $63,735 | $7,198 | $56,537 |
| 2018 | $12,590 | $63,735 | $7,198 | $56,537 |
| 2017 | $12,782 | $59,375 | $6,351 | $53,024 |
| 2016 | $11,892 | $59,375 | $6,351 | $53,024 |
| 2015 | $10,880 | $59,375 | $6,351 | $53,024 |
| 2014 | $10,103 | $54,452 | $5,293 | $49,159 |
| 2013 | $9,903 | $54,452 | $5,293 | $49,159 |
Source: Public Records
Agents Affiliated with this Home
-
Chih-Hao Yang
Seller's Agent in 2024
Chih-Hao Yang
Fulton Grace
(217) 819-8009
1 in this area
134 Total Sales
-
Melinda Jakovich-Lagrange
Buyer's Agent in 2024
Melinda Jakovich-Lagrange
Compass
(312) 953-3425
1 in this area
61 Total Sales
-
Frank Jeffery
Buyer Co-Listing Agent in 2024
Frank Jeffery
Compass
(773) 972-0400
1 in this area
35 Total Sales
-
John Irwin
Seller's Agent in 2014
John Irwin
Baird Warner
(773) 294-8664
5 in this area
48 Total Sales
-
B
Seller Co-Listing Agent in 2014
Bess Ellis
Baird Warner
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11950548
APN: 14-29-127-051-1003
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