NOT LISTED FOR SALE

400 N Racine Ave Unit 216 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $459,665 - $581,000

2 Beds
1 Bath
1,350 Sq Ft
$267/mo HOA Fee

Last Sold September 27, 2016

Last sale price $370,000 $274 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,673/month

7 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Corner Lot
  • Property is near a park
  • Wood Flooring
  • 2-minute walk to Mineral Wells City Park

About This Home

As of September 2016

Highly Improved 2 Bed Plus Den Penthouse Loft In Fulton Market With Private 600 Sq Ft New Roof Deck with Panoramic City Views. Really Spacious Open Layout with Unique 23 Ft Width and 1350 Sq Ft Total and Steel Internal Staircase to Roof Deck. Tall Ceilings and Oversized Windows Provide Great Light, Hardwood Floors Throughout, Gated Parking Space Included, Large Kitchen w/ New Blue Pearl Granite, Butcher Block Island, Stainless Steel Appliances w/New Dishwasher, Great Closet and Storage Space, New Washer/Dryer, Newer Furnace and A/C Condenser. Updated Bathroom with New Tile Floors. Amazing Entertaining Space! Healthy Building and Association. New Roof Just Completed, New Gutters on Building and Lots of Other Improvements. Short Distance to Green & Pink Line Morgan Stop on the El. Walk To All the Best in Fulton Market, West Loop and River West Including Little Goat, Vera, Au Cheval, The Publican, The Aviary, The Office, and Aberdeen Tap.

Last Agent to Sell the Property

John Huebner

@properties Christie's International Real Estate License #475154008 Listed on: 08/15/2016

@properties Christie's International Real Estate

Co-Listed By

Katie Kull Utterback

@properties Christie's International Real Estate License #475156257

Last Buyer's Agent

Edith Schell

@properties Christies International Real Estate License #475127876

@properties Christies International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,884

Year Built

  • 1991

Lot Details

  • Cul-De-Sac
  • Southern Exposure

HOA Fees

  • $267 per month

Home Design

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

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Den
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Parking Available
  • Shared Driveway
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Deck
  • Patio
  • Terrace

Location

  • Property is near a park
  • City Lot

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,884

Year Built

1991

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Property Type: Attached Single
  • General Information: Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 2
  • Age: 21-25 Years
  • Full Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1991
  • Tax Exemptions: Homeowner
  • Type Attached: Condo-Loft, Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1991

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 6
  • Living Room: Dimensions: 27X23, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: Humidifier, TV-Cable, Intercom, CO Detectors, Ceiling Fan
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 18X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Pantry-Closet
  • Additional Rooms: Den, Terrace, Deck
  • Master Bedroom: Dimensions: 23X11, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Den, Dimensions: 15X09, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Terrace, Dimensions: 23X05, On Level: Main Level, Flooring: Other
  • Bedroom 2: Dimensions: 10X09, On Level: Main Level, Flooring: Hardwood
  • Additional Room 3 Name: Deck, Dimensions: 25X24, On Level: 2nd Level, Flooring: Other
  • Estimated Sq Ft: 1350
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Block
  • Roof Type: Rubber
  • Exterior Property Features: Deck, Patio, Storms/Screens
  • Exposure: N (North), S (South), City

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Indv Controls

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, Parking, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 267
  • Management Contact Name: CCampise@kassmanagement.com
  • Management Phone: 000-000-0000X0000

Fee Information

  • Management Company: Kass Management

Schools

  • School District: 299
  • Elementary School: CARPENTER ELEMENTARY SCHOOL
  • Middle School: CARPENTER ELEMENTARY SCHOOL
  • High School: WELLS COMMUNITY ACADEMY SENIOR H
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds, Corner, Cul-de-sac, Park Adjacent
  • Parcel Identification Number: 17081410191028

Multi Family

  • Total Number Unitsin Building: 32
  • Number Stories: 2

Tax Info

  • Taxes: $4,970.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2016
Closed on
Sep 26, 2016
Sold by
Malkoff Michael J and Malkoff Shawna
Bought by
Kotelon Alexandra
Seller's Agent
John Huebner
@properties Christie's International Real Estate
Buyer's Agent
Edith Schell
@properties Christies International Real Estate
List Price
$379,000
Sold Price
$370,000
Premium/Discount to List
-$9,000
-2.37%
Current Estimated Value
$515,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,916
Avg. Annual Appreciation
3.84%
Original Mortgage
$351,500
Outstanding Balance
$282,903
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$236,251

Purchase Details

Closed on
May 1, 2010
Sold by
Graham Jack D and Graham Patricia
Bought by
Malkoff Michael J and Cutting Shawna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2003
Sold by
Beste Melissa L
Bought by
Graham Jack D and Lentine Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 1999
Sold by
Razzaq Asim
Bought by
Beste Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.43%

Purchase Details

Closed on
Oct 13, 1993
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Razzaq Asim and Razzaq Abdul
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
Kotelon Alexandra $370,000 Proper Title Llc
Malkoff Michael J $310,000 Stewart Title Company
Graham Jack D $260,000 Chicago Title Insurance Comp
Beste Melissa L $185,000 --
Razzaq Asim $83,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotelon Alexandra $351,500
Previous Owner Malko Shawna M Cutting $274,500
Previous Owner Malkoff Michael J $294,500
Previous Owner Graham Jack D $208,000
Previous Owner Graham Jack D $39,000
Previous Owner Beste Melissa L $137,000
Previous Owner Beste Melissa L $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2016 09/27/16 Sold $370,000 -2.4% $274 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $379,000 -- $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 $7,884 $39,486 $10,681 $28,805
2023 $8,431 $40,556 $4,874 $35,682
2022 $8,431 $44,272 $4,874 $39,398
2021 $8,260 $44,272 $4,874 $39,398
2020 $6,749 $33,299 $4,874 $28,425
2019 $6,701 $36,671 $4,874 $31,797
2018 $6,586 $36,671 $4,874 $31,797
2017 $5,697 $29,750 $4,300 $25,450
2016 $5,458 $29,750 $4,300 $25,450
2015 $4,971 $29,750 $4,300 $25,450
2014 $3,193 $19,778 $3,655 $16,123
2013 $3,119 $19,778 $3,655 $16,123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09316339

Midwest Real Estate Data (MRED)

APN: 17-08-141-019-1028