NOT LISTED FOR SALE

521 N Racine Ave Unit 5211 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $381,575 - $488,000

2 Beds
2 Baths
-- Sq Ft
$290/mo HOA Fee

Last Sold May 27, 2022

Last sale price $299,000

Est. 47% increase in value since last sale

Current estimated payment $3,152/month

296 Days on Market

Highlights

  • Stainless Steel Appliances
  • Resident Manager or Management On Site
  • Combination Dining and Living Room
  • Patio
  • Forced Air Heating and Cooling System
  • 3-minute walk to Mineral Wells City Park

About This Home

As of May 2022

"Best things: location location location. Near the Blue Line, near Interstate. Right on Grand bus line. 15 minute walk to Fulton Market and Randolph street (food meccas) but not so close as to be unaffordable. Love the high ceilings. Free parking right out the back door!..Large kitchen prep space. Ideal for cooks. Grass area, tiny "yard" out front is welcoming. Laundry in unit is awesome. Front bathroom is huge. That walk in shower is great." -- quoted text from the people who lived here for more than seven years. 2 bed/2 bath unit w 12-foot ceilings, stainless steel appliances, laundry in unit, parking included! Close to the loop, expressways and public transportation. D'Amatos, Piccolo Sogno, Butterfly Sushi Bar, Starbucks, Sip and shops on Grand Avenue are right around the corner. Walk to Fulton Market, Google, Randolph St. Urban location near schools and parks. Dedicated Parking space makes adventuring quick and easy. ***Owner signed lease beginning Mid March 2022*** Unit is occupied - showings tu wed thu after 1 before 4pm

Last Agent to Sell the Property

James Middleton

Berkshire Hathaway HomeServices Chicago License #475129723 Listed on: 07/14/2021

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Cindy Weinreb

@properties Christie's International Real Estate License #475149436

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,744

Year Built

  • Built in 2005 | Remodeled in 2011

Lot Details

  • 3,833

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Patio

Utilities

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

Community Details

Overview

  • Association fees include water, parking, insurance, security, snow removal
  • 4 Units
  • Marie Association, Phone Number (773) 459-4019
  • Property managed by Phoenix Rising

Pet Policy

  • Pets up to 99 lbs
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,744

Year Built

Built in 2005 | Remodeled in 2011

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2011
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2011

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Wood Laminate Floors, First Floor Laundry
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Basement Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 299000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Other
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 290
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Phoenix Rising
  • Management Contact Name: Marie
  • Management Phone: 773-459-4019
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, 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: 99

Tax Info

  • Tax Annual Amount: 7743.53
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
May 27, 2022
Sold by
Cap Flow Llc
Bought by
Gentil Juan
Seller's Agent
James Middleton
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Cindy Weinreb
@properties Christie's International Real Estate
List Price
$309,000
Sold Price
$299,000
Premium/Discount to List
-$10,000
-3.24%
Current Estimated Value
$439,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,894
Avg. Annual Appreciation
11.91%

Purchase Details

Closed on
Sep 1, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cap Flow Llc

Purchase Details

Closed on
Feb 5, 2009
Sold by
Lobello Giulio
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 9, 2007
Sold by
Kocher John
Bought by
Lobello Giulio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
7.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 2005
Sold by
Prairie Bank & Trust Co
Bought by
Kocher John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,930
Interest Rate
7.45%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gentil Juan $299,000 Mangiaforte Cindy S
Cap Flow Llc $100,000 Attorneys Title Guaranty Fun
Federal Home Loan Mortgage Corp -- None Available
Lobello Giulio $429,000 First American Title
Kocher John $390,000 Gnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lobello Giulio $343,200
Previous Owner Kocher John $272,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $299,000 +12358.3% --
05/07/2022 05/07/22 Pending -- -- --
02/01/2022 02/01/22 Rented -- -- --
07/14/2021 07/14/21 For Rent $2,400 0.0% --
07/14/2021 07/14/21 For Sale $309,000 0.0% --
05/30/2020 05/30/20 Rented $2,400 0.0% --
02/05/2020 02/05/20 Price Changed $2,400 -14.3% --
09/26/2019 09/26/19 Price Changed $2,800 -6.7% --
09/09/2019 09/09/19 For Rent $3,000 -- --
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 $6,665 $34,041 $7,169 $26,872
2023 $6,478 $31,499 $3,272 $28,227
2022 $6,478 $31,499 $3,272 $28,227
2021 $6,334 $31,497 $3,271 $28,226
2020 $7,797 $34,998 $3,271 $31,727
2019 $7,744 $38,542 $3,271 $35,271
2018 $7,613 $38,542 $3,271 $35,271
2017 $5,524 $25,662 $2,886 $22,776
2016 $5,140 $25,662 $2,886 $22,776
2015 $4,702 $25,662 $2,886 $22,776
2014 $2,750 $14,820 $2,453 $12,367
2013 $2,695 $14,820 $2,453 $12,367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11155679

Midwest Real Estate Data (MRED)

APN: 17-08-237-041-1001