
531 N Racine Ave Unit 3 Chicago, IL 60642
West Town NeighborhoodHighlights
- Wood Flooring
- Balcony
- Forced Air Heating and Cooling System
- Stainless Steel Appliances
- Laundry Room
- 3-minute walk to Mineral Wells City Park
About This Home
As of July 2025River West Living at Its Best - Bright 2BR Condo with Chef's Kitchen, Balconies & Parking- A Solid Opportunity!. The functional chef's kitchen offers 42" cabinets for great storage, stainless steel appliances, and an oversized granite peninsula that opens to a comfortable living/dining area with a cozy gas fireplace. Large west-facing windows provide beautiful sunset views. Both bedrooms feature east-facing balconies - perfect for enjoying your morning coffee. The primary bath includes a double vanity, soaking tub, and separate shower. In-unit washer/dryer and ample closet space throughout. Assigned parking with easy walk-up access included. Ideal location - steps to public transit, and minutes to Fulton Market, Randolph Street dining, farmers markets, and festivals. A well-maintained condo offering a great opportunity to add your personal updates. Don't miss this solid River West value!
Last Agent to Sell the Property
HomeSmart Connect LLC License #471022050 Listed on: 05/16/2025

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,478
Year Built
- Built in 2005
HOA Fees
- $100 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,560 Sq Ft Home
- 4-Story Property
- Ceiling Fan
- Fireplace With Gas Starter
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Parking
- 1 Parking Space
- Parking Included in Price
- Assigned Parking
Outdoor Features
- Balcony
Schools
- Otis Elementary School
- Wells Community Academy Senior H High School
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
Community Details
Overview
- Association fees include insurance, exterior maintenance, lawn care, scavenger
- 4 Units
- Low-Rise Condominium
Pet Policy
- Dogs and Cats Allowed
Security
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Chicago, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $303,000 | North American Title | |
Deed | $372,000 | Gnt |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $287,850 | New Conventional | |
Previous Owner | $299,000 | New Conventional | |
Previous Owner | $297,600 | Fannie Mae Freddie Mac |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/25/2025 07/25/25 | Sold | $450,000 | -1.7% | $288 / Sq Ft |
06/03/2025 06/03/25 | Pending | -- | -- | -- |
05/16/2025 05/16/25 | Price Changed | $458,000 | 0.0% | $294 / Sq Ft |
05/16/2025 05/16/25 | For Sale | $458,000 | 0.0% | $294 / Sq Ft |
08/09/2024 08/09/24 | Rented | $3,000 | 0.0% | -- |
08/06/2024 08/06/24 | Under Contract | -- | -- | -- |
07/25/2024 07/25/24 | For Rent | $3,000 | +11.1% | -- |
12/18/2022 12/18/22 | Rented | $2,700 | -3.6% | -- |
11/21/2022 11/21/22 | Under Contract | -- | -- | -- |
09/30/2022 09/30/22 | For Rent | $2,800 | 0.0% | -- |
10/17/2021 10/17/21 | Rented | -- | -- | -- |
09/07/2021 09/07/21 | For Rent | $2,800 | +7.7% | -- |
04/24/2017 04/24/17 | Under Contract | -- | -- | -- |
04/24/2017 04/24/17 | Rented | $2,600 | -3.7% | -- |
03/06/2017 03/06/17 | For Rent | $2,700 | 0.0% | -- |
05/15/2016 05/15/16 | Rented | $2,700 | 0.0% | -- |
05/07/2016 05/07/16 | For Rent | $2,700 | 0.0% | -- |
12/11/2012 12/11/12 | Sold | $303,000 | -3.2% | $194 / Sq Ft |
10/29/2012 10/29/12 | Pending | -- | -- | -- |
09/24/2012 09/24/12 | For Sale | $313,000 | +3.3% | $201 / Sq Ft |
08/25/2012 08/25/12 | Off Market | $303,000 | -- | -- |
07/27/2012 07/27/12 | Price Changed | $313,000 | -3.7% | $201 / Sq Ft |
07/17/2012 07/17/12 | For Sale | $325,000 | -- | $208 / Sq Ft |
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 | $8,478 | $41,725 | $6,459 | $35,266 |
2023 | $8,240 | $40,065 | $2,948 | $37,117 |
2022 | $8,240 | $40,065 | $2,948 | $37,117 |
2021 | $8,056 | $40,064 | $2,947 | $37,117 |
2020 | $8,630 | $38,738 | $2,947 | $35,791 |
2019 | $8,571 | $42,660 | $2,947 | $39,713 |
2018 | $8,427 | $42,660 | $2,947 | $39,713 |
2017 | $6,964 | $32,350 | $2,600 | $29,750 |
2016 | $6,479 | $32,350 | $2,600 | $29,750 |
2015 | $5,928 | $32,350 | $2,600 | $29,750 |
2014 | $4,219 | $22,741 | $2,210 | $20,531 |
2013 | $4,136 | $22,741 | $2,210 | $20,531 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Cathrine Scratch
HomeSmart Connect LLC
(312) 952-1903
1 in this area
12 Total Sales
-
C
Buyer's Agent in 2025
Charles Arnold
Keller Williams ONEChicago
(847) 902-4005
3 in this area
30 Total Sales
-
Buyer's Agent in 2024
Shelley Ireland
Corcoran Urban Real Estate
(773) 758-4043
5 Total Sales
-
A
Buyer's Agent in 2022
Aaron Gill
Compass
(580) 695-6311
14 Total Sales
-
R
Buyer's Agent in 2021
Ryan Mosele
Hudson Burnham Real Estate
(847) 208-4669
14 Total Sales
-
Buyer's Agent in 2017
Kelsey Hupp
@ Properties
12 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12349437

APN: 17-08-237-043-1003
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