NOT LISTED FOR SALE

35 S Racine Ave Unit 4NW Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $731,929 - $796,000

3 Beds
2 Baths
1,650 Sq Ft
$325/mo HOA Fee

Last Sold February 26, 2021

Last sale price $630,000 $382 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,387/month

4 Days on Market

Highlights

  • Rooftop Deck
  • Wood Flooring
  • End Unit
  • Skinner Elementary School Rated A-
  • Whirlpool Bathtub
  • 3-minute walk to Skinner Park

About This Home

As of February 2021

Thoughtfully designed small boutique building in the middle of Chicago's wonderful West Loop neighborhood. The elevator building has 4 units per floor, assigned heated garage as well as a dedicated private roof deck with great views of the neighborhood and the city. This three-bedroom, two-bath residence has been impeccably maintained and updated. The open floor plan provides great entertaining space with a deck off the living room perfect for grilling and enjoying a coffee or cocktail. The primary suite is airy and bright and features a newly built-out walk-in closet and a bath that has a dual vanity, separate shower, and tub. Updates to the unit include new kitchen appliances, new Pella windows, new HVAC systems, and more. Close proximity to many downtown workspaces, numerous public transportation options, and expressways to easily get wherever you need to go. Wander the neighborhood to experience the best of city restaurants, retail, nightlife, and more. Pet friendly.

Last Agent to Sell the Property

Jacqueline Lafferty

Baird & Warner License #475139470 Listed on: 01/12/2021

Baird & Warner

Last Buyer's Agent

Martin Lippeth

Weichert, Realtors - All Pro License #475134219

Weichert, Realtors - All Pro

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,760

Year Built

  • Built in 2005

Lot Details

  • End Unit

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,650 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Intercom
  • Door Monitored By TV

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

  • Skinner Elementary School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, security, exterior maintenance, scavenger, snow removal
  • 20 Units
  • Mid-Rise Condominium
  • The Racine Subdivision
  • 6-Story Property

Amenities

  • Sundeck
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets up to 40 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,760

Year Built

Built in 2005

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories)
  • Subdivision Name: The Racine
  • Year Built: 2005
  • Age: 16-20 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: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 1650
  • Other Equipment: Intercom, Ceiling Fan(s)
  • Room Type: Balcony/Porch/Lanai, Deck
  • Stories Total: 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, Storms/Screens, End Unit, Door Monitored By TV
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 325
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Sundeck
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Other
  • Management Contact Name: Other
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Security, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Elementary School: Skinner Elementary School
  • Middle/Junior School: Skinner Elementary School

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: 40

Tax Info

  • Tax Annual Amount: 11760.26
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Feb 20, 2021
Sold by
Smith James L and Smith Kathryn A
Bought by
Neroda Ronald E and Neroda Kelly E
Seller's Agent
Jacqueline Lafferty
Baird & Warner
Buyer's Agent
Martin Lippeth
Weichert, Realtors - All Pro
List Price
$639,900
Sold Price
$630,000
Premium/Discount to List
-$9,900
-1.55%
Current Estimated Value
$758,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,982
Avg. Annual Appreciation
4.07%
Original Mortgage
$504,000
Outstanding Balance
$451,161
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$307,821

Purchase Details

Closed on
Sep 25, 2015
Sold by
Smith James and Smith Kathryn
Bought by
James & Kathryn Smith Trust

Purchase Details

Listed on
May 31, 2014
Closed on
Jul 14, 2014
Sold by
Chen Judy T and Cha Jehoon
Bought by
Smith James and Smith Kathryn
Seller's Agent
Amy Duong Kim
Compass
Buyer's Agent
Jacqueline Lafferty
Baird & Warner
List Price
$549,900
Sold Price
$556,000
Premium/Discount to List
$6,100
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$270,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 14, 2010
Sold by
Floridia Nancy
Bought by
Chen Judy T and Cha Jehoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,302
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2005
Sold by
Campus Construction Co
Bought by
Floridia Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,250
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Neroda Ronald E $630,000 North American Title Company
James & Kathryn Smith Trust -- Attorney
Smith James $556,000 Attorneys Title Guaranty Fun
Chen Judy T $410,000 Pntn
Floridia Nancy $435,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neroda Ronald E $504,000
Previous Owner Smith James $270,000
Previous Owner Chen Judy T $377,302
Previous Owner Floridia Nancy $413,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2021 02/26/21 Sold $630,000 -1.5% $382 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $639,900 +15.1% $388 / Sq Ft
07/14/2014 07/14/14 Sold $556,000 +1.1% -- View Prior Sale
06/04/2014 06/04/14 Pending -- -- --
05/31/2014 05/31/14 For Sale $549,900 -- --
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 $13,063 $66,285 $1,459 $64,826
2023 $12,713 $65,019 $1,459 $63,560
2022 $12,713 $65,019 $1,459 $63,560
2021 $12,446 $65,018 $1,458 $63,560
2020 $11,921 $56,439 $1,458 $54,981
2019 $11,760 $61,769 $1,458 $60,311
2018 $11,560 $61,769 $1,458 $60,311
2017 $9,543 $47,556 $1,287 $46,269
2016 $9,525 $47,556 $1,287 $46,269
2015 $8,714 $47,556 $1,287 $46,269
2014 $6,950 $37,460 $1,094 $36,366
2013 $6,813 $37,460 $1,094 $36,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10968692

Midwest Real Estate Data (MRED)

APN: 17-17-202-023-1010