NOT LISTED FOR SALE

4638 N Racine Ave Unit 1 Chicago, IL 60640

Sheridan Park Neighborhood

Estimated Value: $313,746 - $376,000

2 Beds
1 Bath
-- Sq Ft
$286/mo HOA Fee

Last Sold August 31, 2023

Last sale price $320,000

Est. 5% increase in value since last sale

Current estimated payment $2,477/month

2 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Built-In Features
  • Deck
  • Stainless Steel Appliances
  • 3-minute walk to Gooseberry Park

About This Home

As of August 2023

Welcome home to this beautiful gated and landscaped courtyard. This updated 2 bed/1 bath home overlooks the courtyard and has natural light throughout with south, west and northern exposures. A gorgeous kitchen updated in 2019 with new counters, lighting, hardware, painted grey/blue cabinets, new sink w champagne gold touchless faucet, coffee bar and pantry. Charming dining area is perfect for entertaining. Arch open bookshelves welcome you into your living room with gas fireplace. Primary bedroom features large closet & top-down bottom-up cordless blackout and privacy shades. 2nd bedroom is extremely bright with a full wall of closets, great as an office or bedroom. Updated spa bath with walk in shower includes Bluetooth for a true spa experience. Hardwood floors refinished throughout and the living, dining and kitchen have angled design. New shades; Living room has top-down bottom-up & kitchen and 2nd bedroom has top down. So much storage which includes front closet, laundry closet with NEW Washer/Dryer and LARGE (11 x 7) storage room in basement. Ecobee smart thermostat. All rooms painted in neutral grey. Back porch is great space to enjoy the fresh air or sit on the Adirondack chairs in front of building. Gated exterior parking space fits scooter and large SUV and is located right off the back porch. Bike storage room in basement. Professionally managed building, investor and pet friendly. Located near shopping, restaurants, El and lakefront.

Last Agent to Sell the Property

Megan Hagans

@properties Christie's International Real Estate License #475157132 Listed on: 07/27/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Ken Jungwirth

@properties Christie's International Real Estate License #475124410

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,593

Year Built

  • 1908

Lot Details

  • 0.41

HOA Fees

  • $286 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Gas Log Fireplace
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Courtyard
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 18 Units
  • Jennifer Batman Association, Phone Number (800) 901-5431
  • Low-Rise Condominium
  • Property managed by Westward360

Pet Policy

  • Pets up to 100 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,593

Year Built

1908

Lot Details

0

HOA Fees

$286 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Courtyard,Low Rise (1-3 Stories),Vintage
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Courtyard,Low Rise (1-3 Stories),Vintage
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built (Public Record): 1908

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Open Floorplan, Drapes/Blinds
  • Room Type: Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 315000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt,Off Alley
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Unit, Laundry Closet
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 286
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Westward360
  • Management Contact Name: Jennifer Batman
  • Management Phone: 800-901-5431
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 299

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: 100

Tax Info

  • Tax Annual Amount: 3593.01
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Aug 31, 2023
Sold by
Gonzalez Rachelle
Bought by
Meng Yan
Seller's Agent
Megan Hagans
@properties Christie's International Real Estate
Buyer's Agent
Ken Jungwirth
@properties Christie's International Real Estate
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%
Total Days on Market
2
Views
164
Current Estimated Value
$336,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,937
Avg. Annual Appreciation
2.99%
Original Mortgage
$272,000
Outstanding Balance
$265,975
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$70,962

Purchase Details

Listed on
Aug 6, 2019
Closed on
Sep 28, 2019
Sold by
Yount Susannah Schwarcz and Yount Jason William
Bought by
Gonzalez Rachelle
Seller's Agent
Olivia Carlson
@properties Christie's International Real Estate
Buyer's Agent
Laura Rahilly
Coldwell Banker Realty
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$216,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2005
Sold by
Collins Lara L
Bought by
Schwarcz Susannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Meng Yan $320,000 None Listed On Document
Gonzalez Rachelle $240,000 First American Title
Schwarcz Susannah $240,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meng Yan $272,000
Previous Owner Gonzalez Rachelle $215,700
Previous Owner Gonzalez Rachelle $216,000
Previous Owner Schwarcz Susannah $225,000
Previous Owner Schwarcz Susannah $240,000
Previous Owner Schwarcz Susannah $72,000
Previous Owner Schwarcz Susannah $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $320,000 +1.6% --
07/30/2023 07/30/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $315,000 +31.3% --
10/01/2019 10/01/19 Sold $240,000 -4.0% --
08/17/2019 08/17/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $250,000 -- --
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 $3,657 $26,000 $6,222 $19,778
2023 $3,657 $21,199 $5,011 $16,188
2022 $3,657 $21,199 $5,011 $16,188
2021 $3,593 $21,198 $5,011 $16,187
2020 $3,611 $16,211 $3,841 $12,370
2019 $2,935 $18,039 $3,841 $14,198
2018 $2,885 $18,039 $3,841 $14,198
2017 $1,994 $12,639 $3,340 $9,299
2016 $2,031 $12,639 $3,340 $9,299
2015 $1,835 $12,639 $3,340 $9,299
2014 $2,562 $16,379 $2,547 $13,832
2013 $2,501 $16,379 $2,547 $13,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11842498

Midwest Real Estate Data (MRED)

APN: 14-17-111-028-1013