NOT LISTED FOR SALE

3401 N Racine Ave Unit 4 Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $502,000 - $644,000

2 Beds
2 Baths
1,300 Sq Ft
$324/mo HOA Fee

Last Sold April 02, 2021

Last sale price $417,500 $321 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,975/month

15 Days on Market

Highlights

  • Wood Flooring
  • 5-minute walk to Southport Station
  • Granite Countertops
  • Nettelhorst Elementary School Rated A-
  • End Unit
  • 3-minute walk to Hawthorne Playground

About This Home

As of April 2021

Tastefully updated top floor condo in the heart of Lakeview with panoramic downtown views. This south facing end unit gets great natural light from 3 different exposures. The open kitchen / dining room / living room layout makes this the ideal place to entertain your friends. Don't forget to check out the skyline view from the balcony off the living room. This home features hardwood floors thru out, fireplace, washer/dryer, granite and stainless steel kitchen. The luxurious primary suite has an enormous walk-in-closet and marble bathroom with double bowl vanity. Easy walk to the Brown and Red Lines. Covered parking included in the price. You'll never shovel your car out again.

Last Agent to Sell the Property

Victor Elting

Coldwell Banker Realty License #475135640 Listed on: 02/10/2021

Coldwell Banker Realty

Last Buyer's Agent

Jane Stahmer

@properties Christie's International Real Estate License #475140626

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,765

Year Built

  • 2005

Lot Details

  • End Unit
  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $324 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Walk-In Closet
  • Gas Log Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

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

Additional Features

  • North or South Exposure
  • Balcony
  • Property is near a bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,765

Year Built

2005

Lot Details

0

HOA Fees

$324 per month

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 4
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2005
  • Type Attached: Condo, Mid Rise (4-6 Stories), Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 2005

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit, Walk-In Closet(s), Granite Counters
  • Number Of Rooms: 5
  • Living Room: Dimensions: 23X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Ceiling Fan
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: A,DOUB
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 4X3, On Level: Main Level
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X09, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Balcony, Dimensions: 9X4, On Level: Main Level
  • Bedroom 2: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, End Unit
  • Exposure: N (North), S (South), W (West)

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • 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, TV/Cable, Exterior Maintenance, Scavenger, Snow Removal, Internet Access
  • Assessment Association Fees: 324
  • Management Contact Name: Gina
  • Management Phone: 312-829-8900

Fee Information

  • Management Company: First Community Management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 14204110701028

Multi Family

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

Tax Info

  • Taxes: 7375.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
Feb 23, 2018
Sold by
Mcmahan Noelle and Mcmahan Joel
Bought by
Pensco Trust Company Llc and Michelle Helena Byers Ira
Seller's Agent
Hayley Westhoff
Compass
Buyer's Agent
Nicole Duran
@properties Christie's International Real Estate
List Price
$390,000
Sold Price
$390,000
Current Estimated Value
$568,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,295
Avg. Annual Appreciation
5.04%

Purchase Details

Listed on
Sep 17, 2013
Closed on
Dec 12, 2013
Sold by
Dawson Bradley H
Bought by
Mcmahan Joel and Mcmahan Noelle
Seller's Agent
Ryan Gossett
Compass
Buyer's Agent
Thomas Ramseth
Baird & Warner Fox Valley - Geneva
List Price
$364,900
Sold Price
$342,500
Premium/Discount to List
-$22,400
-6.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Original Mortgage
$308,250
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2005
Sold by
Brighton Development Llc
Bought by
Dawson Bradley H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,500
Interest Rate
6.04%
Mortgage Type
Stand Alone Second
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
Pensco Trust Company Llc $390,000 Proper Title Llc
Mcmahan Joel $342,500 Proper Title Llc
Dawson Bradley H $402,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmahan Joel $308,250
Previous Owner Dawson Bradley H $35,500
Previous Owner Dawson Bradley H $321,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2021 04/02/21 Sold $417,500 -1.8% $321 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/23/2021 02/23/21 Price Changed $425,000 -1.2% $327 / Sq Ft
02/10/2021 02/10/21 For Sale $430,000 0.0% $331 / Sq Ft
07/01/2020 07/01/20 Rented $2,600 +4.0% --
05/20/2020 05/20/20 For Rent $2,500 0.0% --
02/27/2018 02/27/18 Sold $390,000 0.0% $300 / Sq Ft View Prior Sale
01/29/2018 01/29/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $390,000 +13.9% $300 / Sq Ft
12/24/2013 12/24/13 Sold $342,500 -2.1% $263 / Sq Ft View Prior Sale
11/14/2013 11/14/13 Pending -- -- --
10/22/2013 10/22/13 Price Changed $349,900 -4.1% $269 / Sq Ft
09/17/2013 09/17/13 For Sale $364,900 -- $281 / 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 $7,765 $42,682 $13,731 $28,951
2023 $7,548 $40,119 $11,073 $29,046
2022 $7,548 $40,119 $11,073 $29,046
2021 $8,067 $40,118 $11,073 $29,045
2020 $7,507 $33,700 $4,724 $28,976
2019 $7,375 $36,709 $4,724 $31,985
2018 $7,251 $36,709 $4,724 $31,985
2017 $6,604 $30,679 $4,133 $26,546
2016 $6,145 $30,679 $4,133 $26,546
2015 $5,622 $30,679 $4,133 $26,546
2014 $5,629 $30,336 $3,377 $26,959
2013 $5,039 $30,336 $3,377 $26,959
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10991749

Midwest Real Estate Data (MRED)

APN: 14-20-411-070-1028