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2040 North Racine Avenue

2040 North Racine Avenue, Chicago, IL 60614
Condo in Sheffield
Sold Dec 20, 2023
$4,000,000
Sold Nov 21, 2018
$3,630,500
$3,000,000 by Citibank Na
Mortgage Due Dec 01, 2048
2040 North Racine Avenue is a condo located in Sheffield, Chicago. The building was first built in 2019 and is 5 years old. In total, 2040 North Racine Avenue has a total floor area of 4,000 square feet. 2040 North Racine Avenue has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. See the full transaction history for 2040 North Racine Avenue below.

Sheffield, where 2040 North Racine Avenue is located, has a median asking price of $317,000 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stone Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Business/Commerical Units Count: 4
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,100
  • Total Building Area: 4,000
  • Gross Building Area: 4,000
  • Building Area: 4,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 4,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORGANS SUB
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JAMES (MORGANS) SUB OF WH OF SW OF BLK10 OF SHEFFIELD S ADD TO BE KNOWN AS SUBBLK7 OF BLK10 OF SHEFFIELDS ADD TO CHICAGO IN S

Ownership

  • Current Owner : HUNSTAD KATHERINE
  • Current Owner 2: HUNSTAD ALEXANDER
  • Previous Owner : HOFFMAN STEPHEN JEFFREY
  • Previous Owner 2: HOFFMAN BRITTNI M
  • Owner Before Previous Owner: ENVIRONS INVESTOR HOLDINGS LLC 2040 CLIF
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 071000

Zoning

  • Zoning: RT-4

Geography

  • Assessors Map Reference: 02N-115-03
  • District: 74
  • Parcel: 14-32-221-019-0000
  • Block: 10
  • Lot: 8
  • Meridian: SEC 32 TWN 40N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9193
  • Longitude: -87.6574

    Address

  • Full Address: 2040 N Clifton Ave
  • Address - House Number: 2040
  • Street Direction: N
  • Address - Street Name: Clifton
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C082
  • 4-Digit Zip Code: 4120
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $65,115
  • Tax Rate Code Area: 74026

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 1,548,975
  • High Value: 2,258,666
  • Low Value: 839,283

    Market Valuation

  • Market Total Value: $3,200,000
  • Market Land Value: $387,500
  • Market Improvement Value: $2,812,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $320,000
  • Assessed Land Value: $38,750
  • Assessed Improvements Value: $281,250

    Sales

  • Current Sale Contract Date: Nov 14, 2023
  • Current Sale Recording Date: Dec 20, 2023
  • Current Sale Transaction ID: 11918435062
  • Current Sale Price: $4,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 28016
  • Previous Sale Recording Date: Nov 21, 2018
  • Previous Sale Contract Date: Nov 08, 2018
  • Previous Sale Amount: $3,630,500
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK NA
  • Previous Mortgage Transaction Date: Nov 21, 2018
  • Previous Mortgage Loan Amount: $3,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2048

About North Side



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Nearby Rentals

Unit for rent at

$1,895 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
Listing by George Furla
Unit for rent at

$1,900 /mo

  • 1 Bed
  • 2 Baths
Listing by Jane Leslie Ehlert
Unit for rent at

$1,995 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
Listing by Ryan Templeton
Unit for rent at

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 830 ft²
Listing by Jodi Dougherty
Unit for rent at

$2,100 /mo

  • 1 Bed
  • 1 Bath
Listing by Joe Whiteside
Unit for rent at

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
Listing by Riely Joosten
Unit for rent at

$2,000 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
Listing by Rama Pedamallu

Frequently Asked Questions

What neighborhood is 2040 North Racine Avenue located in?
The 2040 North Racine Avenue is a condo located in the neighborhood of Sheffield in North Side, Chicago.
What is the average sales price for listings in 2040 North Racine Avenue?
The average sales price for units in 2040 North Racine Avenue is $0 currently.

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