NOT LISTED FOR SALE

3047 N Racine Ave Unit 1 Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $730,000 - $828,418

3 Beds
2.5 Baths
2,400 Sq Ft
$250/mo HOA Fee

Last Sold November 25, 2019

Last sale price $579,000 $241 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,538/month

14 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Whirlpool Bathtub
  • Lincoln Park High School Rated A
  • Wood Flooring
  • Terrace

About This Home

As of November 2019

Huge, ultra cool duplex-down condo designed to the nines. Incredible space features an open concept floor plan while still encompassing a full size formal living room, dining room & gigantic lower level family room. Freshly designed & insta-worthy kitchen w/new stainless steel appliances & new open shelving. King size master suite w/walk in organized closet & huge bath boasts dual vanities jet tub & separate walk-in shower. Vast lower level family room/rec room with two story windows & plenty of space for a home office. Two additional bedrooms, full bath & large interior storage space round out the lower level. Great outdoor space includes a large custom patio with teak flooring and hanging flowers on lower level plus a very roomy & brand new back deck on the main level (access via hallway & master). Upper & lower level fireplaces! Wide plank contemporary maple wood flooring throughout the main level & newer comfy carpet in the lower level. Garage Parking included. Short walk to Belmont EL, walk to many caf s, restaurants, & parks. Level 1+ Agassiz School!! Don't like blue? No problem! Buyers choice to color change the lower kitchen cabinets.

Last Agent to Sell the Property

Juliana Yeager

@properties Christie's International Real Estate License #475125237 Listed on: 10/07/2019

@properties Christie's International Real Estate

Co-Listed By

Benjamin Yeager

@properties Christie's International Real Estate License #475125244

Last Buyer's Agent

Elizabeth Caya

Redfin Corporation

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,184

Year Built

  • Built in 1999 | Remodeled in 2014

Lot Details

  • 3,006

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Wood Flooring
  • Sump Pump

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Deck
  • Patio
  • Terrace

Schools

  • Agassiz Elementary School
  • Lincoln Park High School

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger
  • 3 Units
  • Association Phone (773) 575-5555

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,184

Year Built

Built in 1999 | Remodeled in 2014

Lot Details

0

HOA Fees

$250 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: 1999
  • 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: 2014
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2014

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Storage
  • LivingArea: 2400
  • Other Equipment: Humidifier, TV-Cable, Security System, Intercom, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Deck, Terrace, Walk In Closet, Deck, Storage
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 2400
  • Assessed Sq Ft: 2400
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2400
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 2400
  • Main Level Sq Ft: 1200
  • Lower Level Sq Ft: 1200

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 587000
  • Waterfront: No
  • Exterior Building Type: Brick,Block

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 250
  • Association Amenities: Bike Room/Bike Trails
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Management Company: Self
  • Management Contact Name: TBD
  • Management Phone: 773-575-5555
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger, Other

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 925

Tax Info

  • Tax Annual Amount: 11183.68
  • Tax Year: 2017
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Nov 15, 2019
Sold by
Lenard Kurt and Lenard Allison
Bought by
Marcus Zachary A and Mcdowell Gary S
Seller's Agent
Juliana Yeager
@properties Christie's International Real Estate
Buyer's Agent
Elizabeth Caya
Redfin Corporation
List Price
$587,000
Sold Price
$579,000
Premium/Discount to List
-$8,000
-1.36%
Current Estimated Value
$777,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,419
Avg. Annual Appreciation
4.80%
Original Mortgage
$485,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2014
Closed on
Jul 1, 2014
Sold by
Baxter Brian and Baxter Lesley
Bought by
Allison Lenard Kurt and Allison Lenard
Seller's Agent
Robert Picciariello
Prello Realty
Buyer's Agent
Nicholas Colagiovanni
Baird & Warner
List Price
$539,900
Sold Price
$512,500
Premium/Discount to List
-$27,400
-5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.30%
Original Mortgage
$410,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 5, 2006
Sold by
First Midwest Bank
Bought by
Baxter Brian and Baxter Lesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,750
Interest Rate
6.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 7, 2003
Sold by
Tabron Alfred F
Bought by
First Midwest Bank and Trut #7181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 3, 2003
Sold by
Melkus Paul A and Melkus Tonya L
Bought by
Tabron Alfred F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 2000
Sold by
Boyle Dominick and Boyle Joseph B
Bought by
Melkus Paul A and Melkus Tonya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,900
Interest Rate
8.27%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Marcus Zachary A $579,000 Proper Title Llc
Allison Lenard Kurt $512,500 Chicago Title Insurance Co
Baxter Brian $545,000 Ticor Title
First Midwest Bank -- --
Tabron Alfred F $460,000 Pntn
Melkus Paul A $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcus Zachary Alessandro $465,000
Closed Marcus Zachary A $485,000
Previous Owner Lenard Kurt $450,000
Previous Owner Allison Lenard Kurt $410,000
Previous Owner Baxter Brian $81,750
Previous Owner Baxter Brian $381,500
Previous Owner Tabron Alfred F $368,000
Previous Owner Melkus Paul A $352,500
Previous Owner Melkus Paul A $311,900
Previous Owner Boyle Dominick $722,000
Closed Melkus Paul A $38,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $579,000 -1.4% $241 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $587,000 +14.5% $245 / Sq Ft
07/15/2014 07/15/14 Sold $512,500 -3.1% $214 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
04/08/2014 04/08/14 Price Changed $529,000 -2.0% $220 / Sq Ft
03/18/2014 03/18/14 For Sale $539,900 -- $225 / 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 $12,382 $69,000 $21,054 $47,946
2023 $12,049 $62,000 $21,519 $40,481
2022 $12,049 $62,000 $21,519 $40,481
2021 $11,798 $61,999 $21,519 $40,480
2020 $11,610 $55,220 $8,228 $46,992
2019 $11,364 $59,989 $8,228 $51,761
2018 $11,850 $59,989 $8,228 $51,761
2017 $11,184 $51,952 $7,260 $44,692
2016 $10,405 $51,952 $7,260 $44,692
2015 $9,520 $51,952 $7,260 $44,692
2014 $8,294 $44,702 $5,959 $38,743
2013 $8,130 $44,702 $5,959 $38,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10540750

Midwest Real Estate Data (MRED)

APN: 14-29-207-052-1001