NOT LISTED FOR SALE

3131 N Racine Ave Unit 3 Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $714,000 - $921,000

3 Beds
2 Baths
1,800 Sq Ft
$175/mo HOA Fee

Last Sold July 13, 2021

Last sale price $685,000 $381 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,377/month

7 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Wood Flooring
  • Lincoln Park High School Rated A
  • Vaulted Ceiling
  • 1 Car Detached Garage

About This Home

As of July 2021

Light pours into this extra-wide 3bd/2ba top floor unit built by renowned luxury builder Environs. A private staircase entrance off the 2nd floor leads up to the spacious entryway w/ ample closet space, opening up into one of TWO living areas featuring an updated cozy fireplace w/ shiplap, custom built-in shelves and marble tiled hearth. The back living area adjoins the dining room and tastefully updated kitchen, drenched in sunlight coming through the 4 large skylights set in vaulted ceilings, and sliding doors leading onto your large private deck. The primary bedroom features dual closets and completely remodeled ensuite bath w/ large walk-in shower and double vanity. The sizeable 2nd and 3rd bedrooms offer plenty of closet space and perfect location for office or guest bedroom, murphy bed included! 2nd full bathroom w/ tub recently refreshed with trendy wallpaper, modern fixtures, and floating vanity. One garage parking spot included in the price. Conveniently located to shops, restaurants, CTA Red,Brown,Purple train and Belmont Bus line, parks and more!

Last Agent to Sell the Property

Stephanie Malmquist

Cross Street Real Estate License #475168889 Listed on: 05/24/2021

Cross Street Real Estate

Last Buyer's Agent

Nicole Mertens

Keller Williams North Shore West License #475184599

Keller Williams North Shore West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,343

Year Built

  • Built in 1998

Lot Details

  • 4,530

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Interior Spaces

  • 1,800 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Storage
  • Laundry closet
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, scavenger
  • 4 Units
  • Property managed by Self-managed

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,343

Year Built

Built in 1998

Lot Details

0

HOA Fees

$175 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: 1998
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • New Construction Y/N: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Storage
  • LivingArea: 1800
  • Room Type: Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 675000
  • Waterfront: No
  • Exterior Building Type: Brick,Block

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 175
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-managed
  • Management Contact Name: n/a
  • Management Phone: 999-999-9999

Fee Information

  • Association Fee Includes: Water, Insurance, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • 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: 999

Tax Info

  • Tax Annual Amount: 9342.56
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jul 13, 2021
Sold by
Odizor Nicolas N and Odizor Samnatha S
Bought by
Cauchi Adam and Walthall Mary Cait
Seller's Agent
Stephanie Malmquist
Cross Street Real Estate
Buyer's Agent
Nicole Mertens
Keller Williams North Shore West
List Price
$675,000
Sold Price
$685,000
Premium/Discount to List
$10,000
1.48%
Current Estimated Value
$812,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,058
Avg. Annual Appreciation
4.11%
Original Mortgage
$548,000
Outstanding Balance
$499,814
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$312,244

Purchase Details

Closed on
May 1, 2017
Sold by
Mees Heather M and Mees Raymond
Bought by
Odizor Nicholas N and Odizor Samantha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,200
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2007
Sold by
Snyder Darren M and Snyder Anne E
Bought by
Wick Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,600
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2000
Sold by
Snyder Darren M and Snyder Anne E
Bought by
Snyder Darren M and Snyder Anne E

Purchase Details

Closed on
Jan 29, 1999
Sold by
The Environs Group Inc
Bought by
Snyder Darren M and Esteves Anne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,583
Interest Rate
6.7%
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
Cauchi Adam $685,000 Attorneys Ttl Guaranty Fund
Odizor Nicholas N $629,000 Chicago Title Insurance Com
Wick Heather M $519,500 Multiple
Snyder Darren M -- --
Snyder Darren M $377,500 1St American Title
The Environs Group Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cauchi Adam $548,000
Previous Owner Odizor Nicholas N $503,200
Previous Owner Wick Heather M $415,600
Previous Owner Snyder Darren M $339,583
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $685,000 +1.5% $381 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $675,000 -- $375 / 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 $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 $9,586 $50,999 $17,013 $33,986
2020 $9,520 $45,836 $7,259 $38,577
2019 $9,343 $49,930 $7,259 $42,671
2018 $9,863 $49,930 $7,259 $42,671
2017 $7,733 $39,300 $6,351 $32,949
2016 $7,371 $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: 10942319

Midwest Real Estate Data (MRED)

APN: 14-29-200-050-1004