NOT LISTED FOR SALE

527 N Racine Ave Unit 3 Chicago, IL 60642

West Town Neighborhood

Estimated Value: $482,000 - $509,000

2 Beds
2 Baths
1,500 Sq Ft
$187/mo HOA Fee

Last Sold August 09, 2022

Last sale price $460,000 $307 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,390/month

1 Day on Market

Highlights

  • Wood Flooring
  • Balcony
  • Walk-In Closet
  • Whirlpool Bathtub
  • Built-In Features
  • 3-minute walk to Mineral Wells City Park

About This Home

As of August 2022

Bright, jumbo two bedroom, 2 full bathroom condo in a stately all-brick walk-up building. Lives much larger than a typical two bedroom condo. Loads of space to entertain and there is no issue fitting two or even three cooks in the massive updated kitchen. Immaculately maintained. High ceilings and natural hardwood flooring throughout. Gas fireplace flanked by recently added floor to ceiling built-in cabinetry including a large coat closet. In-unit washer dryer. The huge private deck in the rear is accessible from both bedrooms. The master bathroom features new floor tiling, both a soaking tub and a separate shower, as well as a double vanity. Both bedrooms offer terrific walk-in closets. New water heater in 2022. One exterior parking spot is included in the list price and street parking for guests couldn't be easier. Starbucks, Twisted Spoke, D'Amatos, Butterfly Sushi, Coalfire, Tempesta Market, and many other amenities are right around the corner and Fulton Market and the West Loop are also in very close proximity. Easy access to 90/94, the Blue Line, and Grand Avenue bus. Low assessments.

Last Agent to Sell the Property

Nicholaos Voutsinas

Redfin Corporation License #475159497 Listed on: 06/01/2022

Redfin Corporation

Last Buyer's Agent

Lisa Petrik

Jameson Sotheby's Intl Realty License #475163116

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,647

Year Built

  • Built in 2005

Lot Details

  • 3,223

HOA Fees

  • $187 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Sewer Holding Tank

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger
  • 4 Units
  • Self Managed Association
  • Property managed by Self-Managed

Pet Policy

  • Pets up to 75 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,647

Year Built

Built in 2005

Lot Details

0

HOA Fees

$187 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,Non-Smoking Building
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s)
  • LivingArea: 1500
  • Other Equipment: Humidifier
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Door Features: Sliding Doors
  • Window Features: Blinds,Curtains/Drapes,Screens

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 449900
  • 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: Holding Tank
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, In Unit, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 187
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-Managed
  • Management Contact Name: Self-Managed
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

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: 75

Tax Info

  • Tax Annual Amount: 7646.54
  • Tax Year: 2020

Multi Family

  • Units in Building: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Aug 4, 2022
Sold by
Young Kyleen
Bought by
Horn Samuel A
Seller's Agent
Nicholaos Voutsinas
Redfin Corporation
Buyer's Agent
Lisa Petrik
Jameson Sotheby's Intl Realty
List Price
$449,900
Sold Price
$460,000
Premium/Discount to List
$10,100
2.24%
Current Estimated Value
$500,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,749
Avg. Annual Appreciation
2.67%
Original Mortgage
$400,000
Outstanding Balance
$383,516
Interest Rate
5.88%
Mortgage Type
Balloon
Estimated Equity
$117,233

Purchase Details

Listed on
Apr 22, 2018
Closed on
May 18, 2018
Sold by
Frieman Mariana and Frieman Austin
Bought by
Young Kyleen
Seller's Agent
Constantine Grapsas
Apolis Realty, Inc.
Buyer's Agent
Nicholaos Voutsinas
Redfin Corporation
List Price
$424,900
Sold Price
$435,000
Premium/Discount to List
$10,100
2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.33%
Original Mortgage
$387,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2010
Sold by
U S Bank National Association
Bought by
Duran Mariana

Purchase Details

Closed on
Nov 10, 2008
Sold by
Altman Charles
Bought by
Us Bank National Association

Purchase Details

Closed on
Feb 12, 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
$311,200
Interest Rate
6.23%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Horn Samuel A $460,000 None Listed On Document
Young Kyleen $435,000 Attorney
Duran Mariana $145,000 Forum Title Insurance Co
Us Bank National Association -- None Available
Us Bank National Association -- None Available
Altman Charles -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horn Samuel A $400,000
Previous Owner Young Kyleen $387,000
Previous Owner Altman Charles $311,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2022 08/09/22 Sold $460,000 +2.2% $307 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $449,900 +3.4% $300 / Sq Ft
05/18/2018 05/18/18 Sold $435,000 +2.4% $311 / Sq Ft View Prior Sale
04/27/2018 04/27/18 Pending -- -- --
04/22/2018 04/22/18 For Sale $424,900 -- $304 / Sq Ft
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 $6,027 $32,725 $2,974 $29,751
2022 $6,027 $32,725 $2,974 $29,751
2021 $5,911 $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 $6,788 $37,800 $2,974 $34,826
2017 $5,895 $30,761 $2,624 $28,137
2016 $5,661 $30,761 $2,624 $28,137
2015 $5,156 $30,761 $2,624 $28,137
2014 $3,138 $19,480 $2,230 $17,250
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: 11420699

Midwest Real Estate Data (MRED)

APN: 17-08-237-044-1003