NOT LISTED FOR SALE

3131 N Racine Ave Unit 1F Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $622,000 - $684,000

1 Bed
2 Baths
-- Sq Ft
$175/mo HOA Fee

Last Sold September 18, 2023

Last sale price $572,000

Est. 14% increase in value since last sale

Current estimated payment $4,538/month

1 Day on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Stainless Steel Appliances
  • Lincoln Park High School Rated A
  • End Unit
  • 1 Car Detached Garage

About This Home

As of September 2023

Sunny and spacious duplex down on an extra wide lot! Main floor features an open floor plan with hardwood floors, an updated wood burning fireplace and a Juliette balcony that overlooks the private front patio. The updated kitchen is open to the living area and features high end appliances including a Fisher & Paykel refrigerator, GE range, built in microwave and newer dishwasher (2021). Tons of counterspace, updated tile backsplash and a deep stainless steel sink make this kitchen a dream for any cook. Completing the first floor is a bedroom with built in Murphy bed and an attached full bathroom that was remodeled in 2022 and includes whirlpool tub and is also accessible from the kitchen. The lower level family room leads to two more bedrooms and a shared hall bathroom. Laundry is conveniently located just down the hall from the bedrooms and has a newer washer (2019) and dryer (2021). Gated brick paver patio in front of the building is private to this unit. One garage parking space and extra storage in the attic included. New HVAC & water heater in 2018. Open lot on one side of the building provides tons of extra natural light. Amazing Lakeview location blocks to Southport Corridor, Brown & Red Lines. Minutes to Wrigley Field, the lake front and all the city has to offer.

Last Agent to Sell the Property

Layching Quek

Redfin Corporation License #475136259 Listed on: 08/17/2023

Redfin Corporation

Last Buyer's Agent

Meghan Healy

Healy Real Estate License #475183821

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,255

Year Built

  • Built in 1997

Lot Details

  • 4,530

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Schools

  • Harriet Tubman Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Brick Porch or Patio
  • End Unit

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance
  • 4 Units
  • Kathy Jensen Association, Phone Number (773) 757-8864

Amenities

  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,255

Year Built

Built in 1997

Lot Details

0

HOA Fees

$175 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Condo-Duplex
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Condo-Duplex
  • Year Built: 1997
  • Age: 26-30 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): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Laundry Hook-Up in Unit, Walk-In Closet(s)
  • Other Equipment: Sump Pump
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • ExteriorFeatures: Brick Paver Patio, End Unit
  • List Price: 579900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 175
  • Association Amenities: Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Kathy Jensen
  • Management Phone: 773-757-8864
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 10255.45
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Feb 5, 2019
Sold by
Poe Brendan M
Bought by
Raffol Matthew and Huynh Nhu T
Seller's Agent
Tim Salm
Jameson Sotheby's Intl Realty
Buyer's Agent
Christopher Helland
Redfin Corporation
List Price
$500,000
Sold Price
$495,000
Premium/Discount to List
-$5,000
-1%
Current Estimated Value
$653,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,794
Avg. Annual Appreciation
4.02%
Original Mortgage
$371,250
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2005
Sold by
Mason Robert B
Bought by
Poe Brendan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 13, 2003
Sold by
Rath Johannes and Rath Georgette
Bought by
Mason Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 15, 1999
Sold by
The Environs Group Inc
Bought by
Rath Johannes and Rath Georgette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
6.85%

Purchase Details

Closed on
Mar 3, 1998
Sold by
Gavatin Ester
Bought by
Brinkman Carolyn C and Wood Kevin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$733,000
Interest Rate
8.5%
Mortgage Type
Construction
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
Raffol Matthew $495,000 Chicago Title
Poe Brendan M $442,500 Atg Search
Mason Robert B $415,000 Multiple
Mason Robert B $415,000 Multiple
Rath Johannes $299,000 1St American Title
Brinkman Carolyn C $440,000 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raffol Matthew $371,250
Previous Owner Poe Brendan M $354,000
Previous Owner Mason Robert B $322,700
Previous Owner Rath Johannes $239,200
Previous Owner Brinkman Carolyn C $733,000
Closed Poe Brendan M $22,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $572,000 -1.4% --
08/19/2023 08/19/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $579,900 +17.2% --
02/12/2019 02/12/19 Sold $495,000 -1.0% --
01/09/2019 01/09/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $500,000 -- --
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 $10,760 $62,180 $21,097 $41,083
2023 $10,490 $51,000 $17,014 $33,986
2022 $10,490 $51,000 $17,014 $33,986
2021 $10,255 $50,999 $17,013 $33,986
2020 $10,211 $45,836 $7,259 $38,577
2019 $10,032 $49,930 $7,259 $42,671
2018 $9,863 $49,930 $7,259 $42,671
2017 $8,460 $39,300 $6,351 $32,949
2016 $7,871 $39,300 $6,351 $32,949
2015 $7,202 $39,300 $6,351 $32,949
2014 $7,906 $42,612 $5,189 $37,423
2013 $7,750 $42,612 $5,189 $37,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11862616

Midwest Real Estate Data (MRED)

APN: 14-29-200-050-1001