D
Seller's Agent in 2021
David Burdeen
RE/MAX
(312) 404-4077
1 in this area
61 Total Sales
519 N Racine Ave Unit 1 Chicago, IL 60642
West Town Neighborhood
1
Bed
1
Bath
1,000
Sq Ft
$220/mo
HOA Fee
About This Home
As of June 2021This condo is one of the best values in area. Featuring hardwood floors throughout, central air, high ceilings, and 1 bedroom with walk in closet. Fabulous location, just steps from Grand Avenue. This condo can also be used for a business in accordance with City of Chicago zoning and condo bi laws. Hook up for laundry and stainless steel refrigerator included. Non deeded spot in back of building to park your car. Classification is commercial condo unit 5-99 per assessor
Last Agent to Sell the Property
RE/MAX 10 Lincoln Park License #475114939 Listed on: 03/25/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,839
Year Built
- 2008
Lot Details
- 0.7
HOA Fees
- $220 per month
Home Design
- Brick Exterior Construction
Parking
- Uncovered Parking
- On-Site Parking
Community Details
Overview
- 4 Units
- Iiia Association, Phone Number (773) 727-7867
- Property managed by Ipeek
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 14, 2022
Sold by
519 North Condominium Assn
Bought by
Ipak Llc-519 North Racine Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$264,455
Interest Rate
3.05%
Purchase Details
Closed on
Dec 16, 2021
Sold by
519 North Condominium Assn
Bought by
Ipak Llc-519 North Racine Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$264,455
Interest Rate
3.05%
Purchase Details
Listed on
Mar 25, 2021
Closed on
Jun 1, 2021
Sold by
Chicago Title Land Trust Company
Bought by
519 North Racine Condominium Association
Seller's Agent
David Burdeen
RE/MAX 10 Lincoln Park
Buyer's Agent
David Burdeen
RE/MAX 10 Lincoln Park
Sold Price
$193,000
Purchase Details
Closed on
Oct 10, 2008
Sold by
519 North Racine Llc
Bought by
Founders Bank and Trust #7262
Purchase Details
Closed on
Aug 16, 2006
Sold by
Lombardo Joanne
Bought by
519 N Racine Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,114,350
Interest Rate
6.41%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ipak Llc-519 North Racine Llc | -- | -- | |
| Ipak Llc-519 North Racine Llc | -- | -- | |
| Ipak Llc-519 North Racine Llc | -- | -- | |
| 519 North Racine Condominium Association | $193,000 | None Available | |
| Founders Bank | $5,000 | None Available | |
| 519 N Racine Llc | $500,000 | Stewart Title Of Illinois |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ipak Llc-519 North Racine Llc | $1,000,000 | |
| Closed | Ipak Llc-519 North Racine Llc | $1,000,000 | |
| Previous Owner | 519 N Racine Llc | $1,114,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/16/2021 06/16/21 | Sold | $193,000 | -12.3% | $193 / Sq Ft |
| 04/26/2021 04/26/21 | For Sale | -- | -- | -- |
| 04/24/2021 04/24/21 | Pending | -- | -- | -- |
| 03/25/2021 03/25/21 | For Sale | $220,000 | -- | $220 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $12,839 | $35,000 | $3,038 | $31,962 |
| 2023 | $9,924 | $60,667 | $1,215 | $59,452 |
| 2022 | $9,924 | $48,250 | $1,215 | $47,035 |
| 2021 | $9,702 | $48,249 | $1,215 | $47,034 |
| 2020 | $6,460 | $29,000 | $1,215 | $27,785 |
| 2019 | $6,577 | $32,738 | $1,215 | $31,523 |
| 2018 | $6,467 | $32,738 | $1,215 | $31,523 |
| 2017 | $4,841 | $22,490 | $1,032 | $21,458 |
| 2016 | $4,504 | $22,490 | $1,032 | $21,458 |
| 2015 | $4,121 | $22,490 | $1,032 | $21,458 |
| 2014 | $4,173 | $22,490 | $1,032 | $21,458 |
| 2013 | $4,090 | $22,490 | $1,032 | $21,458 |
Source: Public Records
Agents Affiliated with this Home
-
David Burdeen
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11032850
APN: 17-08-237-047-1001
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