NOT LISTED FOR SALE

527 N Racine Ave Unit 2 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $486,000 - $536,000

2 Beds
2 Baths
1,500 Sq Ft
$188/mo HOA Fee

Last Sold October 20, 2023

Last sale price $445,000 $297 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,417/month

11 Days on Market

Highlights

  • Deck
  • Whirlpool Bathtub
  • Balcony
  • Wood Flooring
  • Stainless Steel Appliances
  • 3-minute walk to Mineral Wells City Park

About This Home

As of October 2023

Extra-wide 2-bedroom / 2-bathroom in an all-brick walk-up building located in prime West Town/River West location. This sprawling west-facing unit features an open floor plan with 1500 sq ft of living space, light-filled windows, high ceilings, gas fireplace & hardwood floors throughout. Kitchen complete with shaker cabinets, stainless steel appliances, storage, and a large eat-in breakfast bar. Spacious primary suite complete with walk-in closet and ensuite bathroom with dual vanity, oversized stand-alone shower & separate soaking tub. Additional features include a gracious 2nd bedroom with its own walk-in closet, a full 2nd bathroom, in-unit full-size washer/dryer & private balcony accessible from both bedrooms. One exterior parking spot included & very easy street parking for guests. Well run building with low assessments. Steps to Fulton Market, West Loop & River West's finest restaurants, cafes, shopping & nightlife, as well as Eckhardt Park, the CTA blue line & easy highway access.

Last Agent to Sell the Property

Anthony D'Asaro

ChiCity Real Estate License #471021639 Listed on: 08/25/2023

Last Buyer's Agent

Darrell Scott

Compass License #475156044

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,581

Year Built

  • Built in 2001

Lot Details

  • 3,223

HOA Fees

  • $188 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 4-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 4 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,581

Year Built

Built in 2001

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2001
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1500
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 460000
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 188
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3240
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 6580.67
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Oct 19, 2023
Sold by
Chicago Title Land Trust Company
Bought by
Yau Katherine
Seller's Agent
Anthony D'Asaro
ChiCity Real Estate
Buyer's Agent
Darrell Scott
Compass
List Price
$460,000
Sold Price
$445,000
Premium/Discount to List
-$15,000
-3.26%
Views
9
Current Estimated Value
$505,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,675
Avg. Annual Appreciation
6.53%
Original Mortgage
$356,000
Outstanding Balance
$348,947
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$156,728

Purchase Details

Closed on
Jan 31, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Chicago Title Land Trust Company and Trust #8002356609

Purchase Details

Closed on
Feb 24, 2009
Sold by
Torres Cristina and Torres Cristina N
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 20, 2006
Sold by
527 North Racine Llc
Bought by
Torres Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
9.1%
Mortgage Type
Unknown
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
Yau Katherine $445,000 None Listed On Document
Chicago Title Land Trust Company $176,000 Forum Title Insurance Co
Deutsche Bank National Trust Company -- None Available
Torres Cristina $389,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yau Katherine $356,000
Previous Owner Torres Cristina $311,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $445,000 -3.3% $297 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $460,000 0.0% $307 / Sq Ft
01/14/2019 01/14/19 Rented $2,600 -3.7% --
11/23/2018 11/23/18 For Rent $2,700 -- --
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 $6,925 $46,629 $6,517 $40,112
2023 $6,731 $32,725 $2,974 $29,751
2022 $6,731 $32,725 $2,974 $29,751
2021 $6,581 $32,725 $2,974 $29,751
2020 $7,647 $34,325 $2,974 $31,351
2019 $7,595 $37,800 $2,974 $34,826
2018 $7,467 $37,800 $2,974 $34,826
2017 $6,622 $30,761 $2,624 $28,137
2016 $6,161 $30,761 $2,624 $28,137
2015 $5,637 $30,761 $2,624 $28,137
2014 $4,487 $24,186 $2,230 $21,956
2013 $4,399 $24,186 $2,230 $21,956
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11869321

Midwest Real Estate Data (MRED)

APN: 17-08-237-044-1002