NOT LISTED FOR SALE

35 S Racine Ave Unit 5NE Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $712,000 - $894,000

3 Beds
2 Baths
1,650 Sq Ft
$285/mo HOA Fee

Last Sold October 03, 2019

Last sale price $650,000 $394 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,476/month

23 Days on Market

Highlights

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

About This Home

As of October 2019

High quality construction in tremendous West Loop location. Just steps from Skinner Park and Elementary School. 3 bedrooms and 2 bath home in highly sought after brick boutique building. Great floor plan, hardwood floors, high ceilings, large living area with gas fireplace graced by beautiful mantle, crown molding and large separate dining area. Huge kitchen with stainless steel appliances, granite counters, with ample cabinetry, a massive amount of counter space and large breakfast bar. Master suite has a massive organized walk-in closet and spa like bath with dual sink vanity, jetted tub, & separate shower. Generous sized second and third bedrooms. Enjoy your private balcony located right off the living area. Plus stunning 360 degree skyline views from your own private roof deck. Access to deck directly from the elevator! The home also has garage parking, great storage and washer dryer in unit. Low assessments, well run building. Beautiful home in vibrant and thriving neighborhood.

Last Agent to Sell the Property

Connie Grunwaldt

@properties Christie's International Real Estate License #475127330 Listed on: 08/07/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Thomas Palmen

@properties Christie's International Real Estate License #475173049

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,063

Year Built

  • 2005

Lot Details

  • 8,581

HOA Fees

  • $285 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof
  • Limestone

Interior Spaces

  • Fireplace With Gas Starter
  • Wood Flooring
  • Door Monitored By TV

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Porch

Utilities

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

Additional Features

  • North or South Exposure
  • End Unit

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $10,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,063

Year Built

2005

Lot Details

0

HOA Fees

$285 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 5
  • 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: 6
  • Year Built: 2005

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 22X15, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, Security System
  • Fireplace Details: Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 15X9, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level, Flooring: Granite
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X14, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 2: Dimensions: 11X9, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 3: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Estimated Sq Ft: 1650
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Limestone
  • Roof Type: Rubber
  • Exterior Property Features: Balcony, Porch, End Unit, Door Monitored By TV
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 45
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Elevator, Sundeck
  • Assessment Includes: Water, Parking, Common Insurance, Exterior Maintenance, Scavenger, Snow Removal
  • Assessment Association Fees: 285
  • Management Phone: 000-000-0000

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17172020231013

Multi Family

  • Total Number Unitsin Building: 20
  • Number Stories: 6

Tax Info

  • Taxes: 9543.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Sep 30, 2019
Sold by
Musick Dale J and Musick Judith R
Bought by
Gilkerson Claude and Doyle Megan
Seller's Agent
Connie Grunwaldt
@properties Christie's International Real Estate
Buyer's Agent
Thomas Palmen
@properties Christie's International Real Estate
List Price
$659,000
Sold Price
$650,000
Premium/Discount to List
-$9,000
-1.37%
Current Estimated Value
$783,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,724
Avg. Annual Appreciation
3.13%
Original Mortgage
$520,000
Outstanding Balance
$456,659
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$327,065

Purchase Details

Listed on
May 26, 2015
Closed on
Jul 10, 2015
Sold by
Kim Christopher and Yee Karen
Bought by
Musick Dale J and Musick Ju Lith R
Seller's Agent
Kate Waddell
Compass
Buyer's Agent
Connie Grunwaldt
@properties Christie's International Real Estate
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.37%

Purchase Details

Closed on
May 1, 2008
Sold by
Arboleda Peter P and Arboleda Heidi
Bought by
Kim Christopher and Yee Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,500
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2008
Sold by
Arboleda Peter P and Arboleda Heidi
Bought by
Arboleda Peter P and Arboleda Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,500
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2005
Sold by
Campus Construction Co
Bought by
Arboleda Peter P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
5.91%
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
Gilkerson Claude $650,000 Attorney
Musick Dale J $640,000 Stewart Title
Kim Christopher $447,500 Ticor Title
Arboleda Peter P -- None Available
Arboleda Peter P $395,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilkerson Claude $520,000
Previous Owner Kim Christopher $354,500
Previous Owner Arboleda Peter P $323,500
Previous Owner Arboleda Peter P $59,200
Previous Owner Arboleda Peter P $315,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2019 10/03/19 Sold $650,000 -1.4% $394 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $659,000 +3.0% $399 / Sq Ft
07/10/2015 07/10/15 Sold $640,000 -1.5% $388 / Sq Ft View Prior Sale
05/30/2015 05/30/15 Pending -- -- --
05/26/2015 05/26/15 For Sale $650,000 -- $394 / 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 $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 $9,025 $47,556 $1,287 $46,269
2015 $8,234 $47,556 $1,287 $46,269
2014 $6,474 $37,460 $1,094 $36,366
2013 $6,335 $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: MRD10477420

Midwest Real Estate Data (MRED)

APN: 17-17-202-023-1013