NOT LISTED FOR SALE

3401 N Racine Ave Unit 2 Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $485,000 - $522,000

2 Beds
2 Baths
-- Sq Ft
$315/mo HOA Fee

Last Sold October 02, 2019

Last sale price $385,000

Est. 32% increase in value since last sale

Current estimated payment $3,595/month

5 Days on Market

Highlights

  • Wood Flooring
  • 5-minute walk to Southport Station
  • Soaking Tub
  • Nettelhorst Elementary School Rated A-
  • Balcony
  • 3-minute walk to Hawthorne Playground

About This Home

As of October 2019

Fabulous condo in highly sought-after Southport Corridor! The sunny southern exposure, updated kitchen and baths, and hardwood floors make this condo feel like home. Ample space and a private balcony off of the living room make for great entertaining. You'll also love the abundant storage space, washer/dryer in unit and covered parking. Steps to restaurants, shopping, grocery stores, parks, public transit and all that Southport Corridor has to offer!

Last Agent to Sell the Property

Ashley Cox

Compass License #471019048 Listed on: 08/07/2019

Compass

Co-Listed By

Lindsay Miller

Fulton Grace Realty License #475155912

Last Buyer's Agent

Michelle Welch

Compass License #475159970

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,371

Year Built

  • 2005

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $315 per month

Home Design

  • Brick Exterior Construction
  • Concrete Siding

Interior Spaces

  • Gas Log Fireplace
  • Entrance Foyer
  • Storage
  • Washer and Dryer Hookup
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Soaking Tub

Parking

  • Parking Available
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,371

Year Built

2005

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 2
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 2005

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Walk-In Closet(s)
  • Number Of Rooms: 5
  • Living Room: Dimensions: 22X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Microwave, Dishwasher, Refrigerator, Disposal
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink, Soaking Tub
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 21X15, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 06X04, On Level: Main Level
  • Bedroom 2: Dimensions: 14X13, On Level: Main Level, Flooring: Carpet
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick, Concrete
  • Exterior Property Features: Balcony
  • Exposure: S (South), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces, Off Street
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Lawn Care, Scavenger
  • Assessment Association Fees: 315
  • Management Contact Name: Gina Delgado
  • Management Phone: 312-818-2910

Fee Information

  • Management Company: First Community Management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 14204110701026

Multi Family

  • Total Number Unitsin Building: 28
  • Number Stories: 4

Tax Info

  • Taxes: 6274.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2024
Sold by
Wang Kara E and Wang Jeffrey M
Bought by
Sharos Alexander
Current Estimated Value
$508,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,875
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2021
Sold by
Pensco Trust Company Llc
Bought by
Shulman Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,625
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2019
Closed on
Sep 23, 2019
Sold by
Grubisich Mike D
Bought by
Wang Jeffrey M and Wang Kara P
Seller's Agent
Ashley Cox
Compass
Buyer's Agent
Michelle Welch
Compass
List Price
$380,000
Sold Price
$385,000
Premium/Discount to List
$5,000
1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$308,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2008
Sold by
Gordish Daniel J and Gordish Stefanie
Bought by
Grubisich Mike D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,150
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 10, 2005
Sold by
Brighton Development Llc
Bought by
Gordish Daniel J and Gordish Stefanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,800
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Sharos Alexander $439,000 Chicago Title Company
Shulman Joel $417,500 Truly Title
Wang Jeffrey M $385,000 Chicago Title
Grubisich Mike D $397,000 Cti
Gordish Daniel J $397,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharos Alexander $394,875
Previous Owner Shulman Joel $396,625
Previous Owner Wang Jeffrey M $308,000
Previous Owner Grubisich Mike D $377,150
Previous Owner Gordish Daniel J $312,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2019 10/02/19 Sold $385,000 +1.3% --
08/12/2019 08/12/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $380,000 0.0% --
09/27/2018 09/27/18 Rented $2,500 0.0% --
09/14/2018 09/14/18 Under Contract -- -- --
09/03/2018 09/03/18 Price Changed $2,500 -7.4% --
08/21/2018 08/21/18 For Rent $2,700 -- --
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 $7,371 $40,927 $13,166 $27,761
2023 $7,164 $38,253 $10,618 $27,635
2022 $7,164 $38,253 $10,618 $27,635
2021 $7,022 $38,252 $10,617 $27,635
2020 $6,507 $32,314 $4,530 $27,784
2019 $6,383 $35,199 $4,530 $30,669
2018 $6,274 $35,199 $4,530 $30,669
2017 $5,606 $29,417 $3,963 $25,454
2016 $5,392 $29,417 $3,963 $25,454
2015 $4,910 $29,417 $3,963 $25,454
2014 $4,920 $29,088 $3,238 $25,850
2013 $4,812 $29,088 $3,238 $25,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10477831

Midwest Real Estate Data (MRED)

APN: 14-20-411-070-1026