NOT LISTED FOR SALE

3223 N Racine Ave Unit 3 Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $580,000 - $710,000

2 Beds
2 Baths
1,250 Sq Ft
$185/mo HOA Fee

Last Sold August 13, 2021

Last sale price $482,500 $386 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,344/month

9 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Stainless Steel Appliances
  • Nettelhorst Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Margaret Donahue Park

About This Home

As of August 2021

Welcome home to this rarely offered and completely stunning top floor unit with soaring ceilings allowing for an abundance of natural light pouring in creating that peaceful oasis in the heart of the Lakeview and Southport Corridor neighborhood. This incredibly spacious floorplan offers great open functionality and can accommodate both dining table and a bonus desk space. Kitchen offers great storage and high end Viking stove. Both bedrooms are generously sized with the primary having a terrific outdoor dining terrace that was just replaced in 2019. Additional highlights include hardwood floors throughout the entire unit, newer washer and dryer, extra storage, and an outdoor parking space included. This exceptional home is located in an incredibly convenient and exciting part of the neighborhood just steps to the countless restaurants, bars, and shopping throughout Southport Corridor and Lakeview making this the perfect place to call your new home this summer.

Last Agent to Sell the Property

Kevin Johnson

Berkshire Hathaway HomeServices Chicago License #475155337 Listed on: 06/04/2021

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Lisa Petrik

Jameson Sotheby's Intl Realty License #475163116

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,535

Year Built

  • Built in 2000

Lot Details

  • 3,093

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,250 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Deck

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, lawn care, scavenger, snow removal
  • 3 Units
  • Association Phone (773) 728-9900

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,535

Year Built

Built in 2000

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1250
  • 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: Living Room

Exterior Features

  • List Price: 487500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Number Limit
  • Association Fee: 185
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: N/A
  • Management Phone: 773-728-9900

Fee Information

  • Association Fee Includes: Water, Insurance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 9535
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 3, 2021
Sold by
Boyer Marc Andre Ruthven and Boyer Nicole
Bought by
Zhu Miao and Sun Qichao
Seller's Agent
Kevin Johnson
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Lisa Petrik
Jameson Sotheby's Intl Realty
List Price
$487,500
Sold Price
$482,500
Premium/Discount to List
-$5,000
-1.03%
Current Estimated Value
$627,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,456
Avg. Annual Appreciation
6.51%
Original Mortgage
$386,000
Outstanding Balance
$350,465
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$277,491

Purchase Details

Listed on
Dec 20, 2017
Closed on
May 31, 2018
Sold by
1342 West George Llc
Bought by
Boyer Marc Andre Ruthven and Boyer Nicole
Seller's Agent
Claude Smith
Winnemac Properties
Buyer's Agent
Kevin Johnson
Berkshire Hathaway HomeServices Chicago
List Price
$509,000
Sold Price
$442,000
Premium/Discount to List
-$67,000
-13.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
Original Mortgage
$353,600
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2014
Sold by
Smith Curtis M and Smith Sonja N
Bought by
1342 West George Llc Series Racine

Purchase Details

Closed on
Dec 14, 2000
Sold by
Schillaci/Birmingham Development Inc
Bought by
Smith Curtis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,500
Interest Rate
8.12%

Purchase Details

Closed on
Feb 25, 2000
Sold by
Haller Kurt J
Bought by
Schillaci/Birmingham Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.29%

Purchase Details

Closed on
Nov 27, 1996
Sold by
Quigley Martin L and Macdowell Anne K
Bought by
Haller Kurt J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,850
Interest Rate
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
Zhu Miao $482,500 Chicago Title
Boyer Marc Andre Ruthven $442,000 Chicago Title
1342 West George Llc Series Racine -- Cti
Smith Curtis M $367,500 --
Schillaci/Birmingham Development Inc $400,000 --
Haller Kurt J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Miao $386,000
Previous Owner Boyer Marc Andre Ruthven $353,600
Previous Owner Smith Curtis M $553,500
Previous Owner Schillaci/Birmingham Development Inc $1,000,000
Previous Owner Haller Kurt J $239,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2021 08/13/21 Sold $482,500 -1.0% $386 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $487,500 +10.3% $390 / Sq Ft
05/31/2018 05/31/18 Sold $442,000 -3.7% $354 / Sq Ft View Prior Sale
04/25/2018 04/25/18 Pending -- -- --
04/12/2018 04/12/18 Price Changed $459,000 -4.2% $367 / Sq Ft
02/07/2018 02/07/18 Price Changed $479,000 -5.9% $383 / Sq Ft
12/20/2017 12/20/17 For Sale $509,000 -- $407 / 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 $9,916 $51,487 $19,220 $32,267
2023 $9,667 $47,000 $15,500 $31,500
2022 $9,667 $47,000 $15,500 $31,500
2021 $9,451 $46,998 $15,499 $31,499
2020 $8,945 $40,155 $6,613 $33,542
2019 $9,535 $47,459 $6,613 $40,846
2018 $9,375 $47,459 $6,613 $40,846
2017 $9,022 $41,910 $5,786 $36,124
2016 $8,394 $41,910 $5,786 $36,124
2015 $7,680 $41,910 $5,786 $36,124
2014 $7,374 $39,746 $4,727 $35,019
2013 $7,229 $39,746 $4,727 $35,019
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11111050

Midwest Real Estate Data (MRED)

APN: 14-20-421-045-1003