NOT LISTED FOR SALE

35 S Racine Ave Unit 5SE Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $715,000 - $981,000

3 Beds
2 Baths
-- Sq Ft
$250/mo HOA Fee

Last Sold May 27, 2014

Last sale price $556,000

Est. 47% increase in value since last sale

Current estimated payment $5,627/month

3 Days on Market

Highlights

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

About This Home

As of May 2014

Mid-rise boutique, elevator-bldg- best West Loop location. Exquisite,pristine 3bdrm, 2bth w/hi-end finishes. Slate foyer, sunlit liv/din w/Brazilian cherry llrs, crwn mldngs, gas frplc. Expansive kit: huge gran bkfst br, 42" chrry cabs, SS appls. Serene mstr suite w/WI clst, mrbl bth, sep body spry shwr, whrlpl tub, gran dbl vanity. Covered terrace adj to liv rm & priv roof dck w/skyline vws. Incld htd garage w/storg

Last Agent to Sell the Property

Karen Breen Elia

RE/MAX 10 Lincoln Park License #475096783 Listed on: 03/11/2014

RE/MAX 10 Lincoln Park

Last Buyer's Agent

Kenneth Stoppa

Kenneth Anthony Stoppa License #471003988

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,063

Year Built

  • 2005

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $250 per month

Parking

  • Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Entrance Foyer
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Terrace

Utilities

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

Listing and Financial Details

  • $1,500 Seller Concession

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,063

Year Built

2005

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 5
  • Age: 6-10 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)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7
  • Year Built: 2005

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 22X21, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: Humidifier, TV-Cable, CO Detectors, Ceiling Fan
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Full Body Spray Shower
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Deck, Foyer, Terrace
  • Master Bedroom: Dimensions: 15X13, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 20X5, On Level: Main Level
  • Additional Room 2 Name: Deck, Dimensions: 17X12, On Level: 2nd Level
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Carpet
  • Additional Room 3 Name: Terrace, Dimensions: 10X4, On Level: Main Level
  • Bedroom 3: Dimensions: 10X9, On Level: Main Level, Flooring: Carpet
  • Additional Room 4 Name: Foyer, Dimensions: 5X20, On Level: Main Level, Flooring: Slate
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Roof Deck, Storms/Screens
  • Exposure: S (South), E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated, 7 Foot or more high garage door
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • 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: Self-Management
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator
  • Assessment Includes: Water, Parking, Common Insurance, Scavenger, Snow Removal
  • Assessment Association Fees: 250
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: SELF-MANAGED

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17172020231015

Multi Family

  • Total Number Unitsin Building: 20
  • Number Stories: 7

Tax Info

  • Taxes: 6274.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2014
Closed on
May 27, 2014
Sold by
Mcdonald Lawrence and Buchinger Taylor L
Bought by
Pigott Michael K and Pigott Kelly
Seller's Agent
Karen Breen Elia
RE/MAX 10 Lincoln Park
Buyer's Agent
Kenneth Stoppa
Kenneth Anthony Stoppa
List Price
$535,000
Sold Price
$556,000
Premium/Discount to List
$21,000
3.93%
Current Estimated Value
$819,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,100
Avg. Annual Appreciation
3.45%
Original Mortgage
$417,000
Outstanding Balance
$125,546
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$693,554

Purchase Details

Closed on
Oct 11, 2010
Sold by
Liras Spiros C and Liras Laura G
Bought by
Mcdonald Lawrence and Buchinger Taylor L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,379
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2009
Sold by
Liras Spiros C and Liari Laura G
Bought by
Liras Spiros C and Liras Laura G

Purchase Details

Closed on
Apr 3, 2007
Sold by
Campus Construction Co
Bought by
Liras Spiros C and Lipari Laura G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,400
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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
Pigott Michael K $556,000 Cti
Mcdonald Lawrence $423,000 Cti
Liras Spiros C -- None Available
Liras Spiros C $478,000 Enterprise Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pigott Michael K $417,000
Previous Owner Mcdonald Lawrence $417,379
Previous Owner Liras Spiros C $382,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2014 05/27/14 Sold $556,000 +3.9% --
03/14/2014 03/14/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $535,000 -- --
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: MRD08555282

Midwest Real Estate Data (MRED)

APN: 17-17-202-023-1015