NOT LISTED FOR SALE

400 N Racine Ave Unit 209 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $454,965 - $645,000

2 Beds
1 Bath
1,350 Sq Ft
$258/mo HOA Fee

Last Sold June 18, 2020

Last sale price $462,000 $342 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,781/month

7 Days on Market

Highlights

  • Rooftop Deck
  • Breakfast Room
  • Southern Exposure
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 2-minute walk to Mineral Wells City Park

About This Home

As of June 2020

Huge loft unit steps away from Fulton Market and the West Loop. 1350 square feet with soaring ceilings and in an excellent building. Entrance from living room to a large, private 600 sq ft roof deck with new decking and unbelievable skyline views. Hardwood floors throughout the unit. Kitchen and bathroom renovation thoughtfully designed from 2015. Additional appliances upgraded in 2019. New paint throughout. Multiple living spaces with fireplace to enjoy. Washer and dryer in the unit. Gated parking with easy access to the unit. Close to restaurants, shopping and public transit.

Last Agent to Sell the Property

Joe Zimmerman

Keller Williams ONEChicago License #475127462 Listed on: 05/08/2020

Keller Williams ONEChicago

Co-Listed By

Megan Ryan

Coldwell Banker License #475150958

Last Buyer's Agent

Nathan Binkley

Compass License #475156668

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,533

Year Built

  • 1990

Lot Details

  • Southern Exposure
  • East or West Exposure

HOA Fees

  • $258 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Gas Log Fireplace
  • Breakfast Room
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Parking Included in Price
  • Assigned Parking

Utilities

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

Additional Features

  • North or South Exposure
  • Rooftop Deck
  • City Lot

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,533

Year Built

1990

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Train, Interstate Access
  • Unit Floor Level: 2
  • Age: 26-30 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1990
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, Condo-Loft
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1990

Interior Features

  • Interior Property Features: Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 7
  • Living Room: Dimensions: 12X8, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 17X21, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Breakfast Room
  • Master Bedroom: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 14X6, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 8X9, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1350
  • Dining Room Type: Separate
  • Family Room: Dimensions: 9X13, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Roof Deck
  • Exposure: N (North), S (South), E (East), W (West), City

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Common Insurance, Security System, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 258
  • Management Contact Name: Ken Parquette
  • Management Phone: 773-975-7234

Fee Information

  • Management Company: Kass Management Company

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 17081410191021

Multi Family

  • Total Number Unitsin Building: 33
  • Number Stories: 1

Tax Info

  • Taxes: 6288.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 9, 2020
Sold by
Perrone Michael J and Perrone Samantha Gregory
Bought by
Goodwyn George and Griffin Sarah
Seller's Agent
Joe Zimmerman
Keller Williams ONEChicago
Buyer's Agent
Nathan Binkley
Compass
List Price
$475,000
Sold Price
$462,000
Premium/Discount to List
-$13,000
-2.74%
Current Estimated Value
$543,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,491
Avg. Annual Appreciation
3.21%
Original Mortgage
$462,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2006
Sold by
Perrone Michael and Perrone Carmen
Bought by
Perrone Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 3, 2001
Sold by
Fischer James K
Bought by
Perrone Michael and Perrone Carmen

Purchase Details

Closed on
Aug 5, 1999
Sold by
Fischer James K
Bought by
Fischer James K and James K Fischer Trust

Purchase Details

Closed on
Jan 29, 1999
Sold by
Norwest Mtg Inc
Bought by
Fischer James K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.88%

Purchase Details

Closed on
Oct 12, 1993
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Toepper Phillip A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,900
Interest Rate
7.02%
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
Goodwyn George $462,000 Greater Illinois Title
Perrone Michael J $300,000 Git
Perrone Michael -- Ticor Title
Fischer James K -- --
Fischer James K $138,500 First American Title
Toepper Phillip A $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goodwyn George $462,000
Previous Owner Perrone Michael J $48,040
Previous Owner Perrone Michael J $215,000
Previous Owner Perrone Michael J $240,000
Previous Owner Fischer James K $110,000
Previous Owner Toepper Phillip A $95,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2020 06/18/20 Sold $462,000 -2.7% $342 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $475,000 -- $352 / 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 $7,533 $37,869 $10,243 $27,626
2023 $8,050 $38,896 $4,675 $34,221
2022 $8,050 $42,425 $4,675 $37,750
2021 $8,559 $42,424 $4,674 $37,750
2020 $6,444 $31,935 $4,674 $27,261
2019 $6,398 $35,169 $4,674 $30,495
2018 $6,289 $35,169 $4,674 $30,495
2017 $5,434 $28,532 $4,124 $24,408
2016 $5,214 $28,532 $4,124 $24,408
2015 $4,748 $28,532 $4,124 $24,408
2014 $3,043 $18,968 $3,506 $15,462
2013 $2,972 $18,968 $3,506 $15,462
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10710194

Midwest Real Estate Data (MRED)

APN: 17-08-141-019-1021