531 North Racine Avenue, Unit 4

Closed 4/12/23Virtual Tour
Closed 4/12/23Virtual Tour
Gallery Image 1
Sold
Last Sold Price
$478,500
2 beds1,600 sqft

531 N Racine Ave, Unit 4, Chicago, IL 60642

CondoProperty Type
2004Year Built
$299/sq ftPrice per sq ft
$100/moHOA Fees
1 carParking Spaces

Description

Welcome to your dream home in the heart of West Town! This rarely available corner penthouse unit is situated in an incredible location, offering the best of urban living with easy access to everything Chicago has to offer. As you step inside, you'll be greeted with a stunning vaulted 12-foot ceiling in the living room, creating a bright and spacious ambiance. An abundance of windows in the living area ensures that the condo is bathed in plenty of natural light, giving it a warm and inviting feel....Welcome to your dream home in the heart of West Town! This rarely available corner penthouse unit is situated in an incredible location, offering the best of urban living with easy access to everything Chicago has to offer. As you step inside, you'll be greeted with a stunning vaulted 12-foot ceiling in the living room, creating a bright and spacious ambiance. An abundance of windows in the living area ensures that the condo is bathed in plenty of natural light, giving it a warm and inviting feel. The open concept kitchen is complete with granite countertops, an oversized breakfast bar, and stainless steel appliances (including new refrigerator, 2022). There are large balconies on both the front and back, offering west and east-facing views as well as partial skyline views. To elevate your outdoor experience even further, this unit is sold with private roof rights, providing you the opportunity to create an urban oasis with expanded skyline views that include Willis Tower (requires building out access or entering through a roof hatch). Just minutes from the Blue Line and an array of fantastic restaurants and attractions in West Town and West Loop, with easy access to the highway. Low assessment fees and healthy reserves make this an ideal investment, unit comes with assigned parking space, in-unit washer and dryer, and fiber ready. The floors are freshly refinished as of 2023 to make this unit feel like home from the moment you move in. Don't miss this unique opportunity to own a piece of Chicago's coveted West Town neighborhood!

    Sold By Baird & Warner

    • Listed by: Matthew Thomas 215.622.4379 matt.thomas@bairdwarner.com • Baird & Warner
    Listing closed: 04/12/2023 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11740767
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    Principal and Interest

    $2,554

    Property Taxes

    $715

    HOA Dues

    $100

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    Property Information for 531 North Racine Avenue, Unit 4

    Property Details

    • Pet Policy: Allowed
    • Taxes: $8,580 / year
    • MLS Type: Attached Single / Condo
    • County: Cook County
    • Area: CHI - West Town
    • Township: West Chicago
    • Ownership: Condo
    • Num Of Cars: 1.0
    • Parking Included in Price: Yes
    • Air Conditioning Type: Central Air
    • Num of Interior Fireplaces: 1
    • Heat/Fuel: Forced Air
    • Pets Allowed: Yes

    Building Information

    • Building/Complex: 531 N Racine Ave
    • Stories: 4
    • Residences: 4
    • Pet Policy: Allowed
    • Pet Policy Details: Cats OK,Dogs OK
    • Year Built: 2004

    General Information

    School Information
    • Elementary School District: 299
    • High School District: 299
    • Middle Or Junior School District: 299
    Addtl Parking Information
    • Parking: Space/s
    • Parking On Site: true
    • Parking Ownership: Owned
    Pet Information
    • Max Pet Weight: 999.0
    • Pet Information: Cats OK, Dogs OK
    Location and General Information
    • Postal Code Plus 4: 0
    Taxes and HOA Information
    • Association Fee Frequency: Monthly
    • Association Fee Includes: Other
    • Master Association Fee: No
    • Master Association Fee Frequency: Not Required
    • Additional Parcels: No

    Property Information

    Interior Features
    • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors
    • Num Of Rooms: 5
    • Bedrooms Total: 2
    • Bedrooms (Below Grade): 0
    • Unit Floor Level: 4
    • Basement Type: None
    • Bedrooms Possible: 2
    • Air Conditioning: Central Air
    • Basement Description: None
    • Basement Bathrooms: No
    • Fireplace Location: Living Room
    • Room Type: No additional rooms
    • Num of Baths: 2.0
    Exterior Features
    • Type: Condo
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Lake Michigan
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: No
    • Age: 16-20 Years
    • Type Attached: Condo
    • Total Sq Ft: 0
    • Aprox Total Finished Sq Ft: 0
    • Total Finished and Unfin Sq Ft: 0
    • Lot Dimensions: COMMON
    • Stories Total: 4
    • Total # Units in Building: 4.0
    • Waterfront: No
    • Disability Access and/or Equipped: No
    • Exterior Building Type: Brick
    • Roof Type: Rubber
    • Foundation Details: Concrete Perimeter
    • General Information: None
    • North Coordinate: 531
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 1200
    • Living Area Source: Estimated
    • Management Company: Self
    Property and Assessments
    • Public Document Count: 3
    • Document Date: 2023-03-20T14:29:02
    • Photos Count: 20
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Additional Media Type 1: Video

    Room Information

    Master Bedroom Information
    • Master Bedroom Level: Main
    • Room Type: Master Bedroom
    • Master Bedroom Bath: Full
    • Master Bedroom Dimensions: 11X16
    Bedroom #2 Information
    • 2nd Bedroom Level: Main
    • Room Type: Bedroom 2
    • Bedroom #2 Room Dimensions: 11X14
    Dining Room Information
    • Dining Room Level: Main
    • RoomType_DR: Dining Room
    • Dining Room Dimensions: COMBO
    Kitchen Information
    • Kitchen Level: Main
    • RoomType_KT: Kitchen
    • Kitchen Dimensions: 14X20
    Living Room Information
    • Living Room Level: Main
    • Room Type: Living Room
    • Living Room Dimensions: 22X14

    Property History for 531 North Racine Avenue, Unit 4

    DateEvent & SourcePriceAppreciation
    Apr 12, 2023

    Sold

    MRED #11740767

    		$478,500—
    Apr 7, 2023

    Sold (Public Record)

    Public Record #1511602626

    		$479,000

    +4.2% / yr

    Mar 21, 2023

    Pending

    MRED #11740767

    		—
    DateEvent & SourcePrice
    04/12/2023

    Sold

    MRED #11740767

    $478,500
    04/07/2023

    Sold (Public Record)

    Public Record #1511602626

    $479,000

    +4.2% / yr

    03/21/2023

    Pending

    MRED #11740767

    —

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 531 North Racine Avenue, Unit 4

    Taxable Value

    Land

    $7,416

    Additions

    $40,491
    Total$47,907

    Tax Record

    2023

    $9,033 ($753 / month)

    Home Facts

    Beds

    2

    Baths

    2

    Total Finished SqFt

    1,600 SqFt

    Above Grade Finished SqFt

    1,600 SqFt

    Lot Size

    3,211 SqFt

    Style

    Condominium

    Year Built

    2006

    County

    COOK

    APN

    17-08-237-043-1004

    Schools near 531 North Racine Avenue, Unit 4

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Otis Elementary School
    		Public - PK to 8
    Wells Community Academy High School
    		Public - 9 to 12
    Chicago Excel Academy High School
    		Public - 9 to 12
    Excel Safe Academy West
    		Public - 9 to 12
    Rating
    School
    Distance
    Otis Elementary School
    PublicPK to 8

    Wells Community Academy High School
    Public9 to 12

    Chicago Excel Academy High School
    Public9 to 12

    Excel Safe Academy West
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

    Neighborhood Map and Transit

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    $478,500
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    –
    531 North Racine Avenue, Unit 3, Chicago, IL 60642
    $450,000
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    531 North Racine Avenue, Unit 2, Chicago, IL 60642
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    $162,750
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    529 North Racine Avenue, Unit 4, Chicago, IL 60642
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    Listing Courtesy of Baird & Warner

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 04/15/2023 03:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.