NOT LISTED FOR SALE

527 N Racine Ave Unit 1 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $333,000 - $430,000

1 Bed
2 Baths
1,200 Sq Ft
3,223 Sq Ft Lot

Highlights

  • Wood Flooring
  • Laundry Room
  • Dining Room
  • Living Room
  • Forced Air Heating and Cooling System
  • 3-minute walk to Mineral Wells City Park

About This Home

As of July 2023

This ground floor 1 bed, 2 bath condo in the vibrant River West neighborhood offers a truly loft-like living experience. The unit features beautiful hardwood floors throughout, granite countertops, stainless steel appliances, garbage disposal, and in-unit washer and dryer. The space is filled with natural light thanks to its high 12-foot ceilings and large windows in the front. Included in rent is one off-street parking spot, ADT security system and water. 1 or 2-year lease available. $2,300 security deposit. Tenant pays for gas and electricity. No pets and no smoking inside the condo. No subleasing. Rental insurance is required. Applicants must have a minimum combined gross income of 3.0 times the monthly rent.

Last Agent to Rent the Property

Patrick Shino

Fulton Grace Realty License #475173831 Listed on: 06/16/2023

Fulton Grace Realty

Last Renter's Agent

Lindsay Guhl

@properties Christie's International Real Estate License #475125648

@properties Christie's International Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,753

Year Built

  • Built in 2005 | Remodeled in 2016

Lot Details

  • 3,223

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 4-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Utilities

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

Listing and Financial Details

  • Security Deposit $2,300
  • Property Available on 8/5/23
  • Rent includes water, parking, scavenger, security system, exterior maintenance, lawn care, snow removal

Community Details

Overview

  • 4 Units

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,753

Year Built

Built in 2005 | Remodeled in 2016

Lot Details

0

Rental Info

  • Available Date: 2023-08-05
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 2200
  • Security Deposit: 2300
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Furnished: No
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1200
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • List Price: 2200
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: Water, Parking, Scavenger, Security System, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2015
Sold by
Vukovic Petar and Vukovic Peter
Bought by
Bradley Visnja Vukovic
Current Estimated Value
$364,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Outstanding Balance
$156,958
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$207,900

Purchase Details

Closed on
Dec 9, 2009
Sold by
Us Bank Na
Bought by
Vukovic Peter

Purchase Details

Closed on
Feb 9, 2009
Sold by
Altman Charles
Bought by
Us Bank Na

Purchase Details

Closed on
Feb 23, 2007
Sold by
527 North Racine Llc
Bought by
Altman Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
9.8%
Mortgage Type
Unknown
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
Bradley Visnja Vukovic $210,000 Stewart Title
Vukovic Peter $92,000 First American Title
Us Bank Na -- None Available
Altman Charles $379,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Visnja Vukovic $199,500
Previous Owner Altman Charles $303,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2023 07/20/23 Rented $2,200 0.0% --
07/17/2023 07/17/23 Under Contract -- -- --
07/13/2023 07/13/23 Price Changed $2,200 -4.3% $2 / Sq Ft
06/16/2023 06/16/23 For Rent $2,300 +8.2% --
04/05/2019 04/05/19 Rented $2,125 +1.2% --
03/27/2019 03/27/19 For Rent $2,100 0.0% --
08/04/2018 08/04/18 Rented $2,100 0.0% --
07/30/2018 07/30/18 Under Contract -- -- --
07/10/2018 07/10/18 For Rent $2,100 0.0% --
07/27/2017 07/27/17 Rented $2,100 0.0% --
07/13/2017 07/13/17 Price Changed $2,100 -2.3% $2 / Sq Ft
06/23/2017 06/23/17 For Rent $2,150 -- --
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 $3,753 $25,905 $3,621 $22,284
2023 $3,648 $17,736 $1,652 $16,084
2022 $3,648 $17,736 $1,652 $16,084
2021 $3,566 $17,735 $1,652 $16,083
2020 $4,248 $19,069 $1,652 $17,417
2019 $4,219 $20,999 $1,652 $19,347
2018 $4,148 $20,999 $1,652 $19,347
2017 $3,679 $17,090 $1,458 $15,632
2016 $3,423 $17,090 $1,458 $15,632
2015 $3,132 $17,090 $1,458 $15,632
2014 $2,493 $13,437 $1,239 $12,198
2013 $2,444 $13,437 $1,239 $12,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11810407

Midwest Real Estate Data (MRED)

APN: 17-08-237-044-1001