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3141 North Racine Avenue

3141 North Racine Avenue, Chicago, IL 60657
Condo in Lakeview
1 Units For Sale
Unit for sale at 3141 N Racine Avenue, Chicago, IL 60657

$750,000

  • 3 Beds
  • 3 Baths
  • 2,563 ft²
3141 N Racine Avenue #1, Chicago, IL 60657 Listing by Lauren Mitrick Wood

3141 North Racine Avenue is a condo located in Lakeview, Chicago. The building was first built in 1995 and is 29 years old. In total, 3141 North Racine Avenue has a total floor area of 2,563 square feet. 3141 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. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's deck. There are 2 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 152 days and tend to sell below the original asking price of $609,950 by 1.21%. Meaning, listings tend to sell at a median of $257 price per square foot. The transaction that took the longest to complete was unit 1, listed on Feb 16, 2021 for $620,000. This particular unit ultimately sold 177 days later for $610,000. The most recent transaction was for unit 1, which was first advertised on Feb 16, 2021, sold for $610,000 on Aug 12, 2021. Fun fact, the oldest transaction we have on record took place on Aug 05, 2021. See the full transaction history for 3141 North Racine Avenue below.

Lakeview, where 3141 North Racine Avenue is located, has a median asking price of $280,000 for condo buildings. Meanwhile, the building itself has a median asking price of $609,950. For interested buyers, that means the building's median asking price is around inf% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $750,000. It is a 2,563 sqft 3-bedroom and 3-bathroom unit.

Building Features

Exterior

Brick Exterior
Block Exterior

Parking

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

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210401 Unit 3
04/01/2021
3
3 Bed
2 Bath
2200 ft²
$599,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2200 ft²
$595,000 -0.82%
08/05/2021
Natalie Renna
20210216 Unit 1
02/16/2021
1
3 Bed
3 Bath
2563 ft²
$620,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2563 ft²
$610,000 -1.61%
08/12/2021
Julie Busby

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Building Style: Condo
  • Floor Count: 3
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,025
  • Total Building Area: 2,563
  • Gross Building Area: 2,563
  • Building Area: 2,563
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,563
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHN P ALTEGELDS
  • Land Acres: 0.069
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: BLOCKS2-4 CANAL TRUSTEES SUB E2 S29 T40N R14E 3P

Ownership

  • Current Owner : STOUT WILLIAM
  • Current Owner 2: STOUT MOLLY
  • Previous Owner : BANTHIA ANAND
  • Previous Owner 2: SHAH KAANAN
  • Owner Before Previous Owner: KAYE MARGERY A
  • Owner Before Previous Owner 2: JADWIN MARGERY K
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 062900

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 1-009-063-03
  • District: 73
  • Parcel: 14-29-200-043-1001
  • Block: 2
  • Lot: 8
  • Meridian: SEC 29 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9392
  • Longitude: -87.6586

    Address

  • Full Address: 3141 N Racine Ave
  • Address - House Number: 3141
  • Street Direction: N
  • Address - Street Name: Racine
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C079
  • 4-Digit Zip Code: 9846
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,901
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 618,542
  • High Value: 747,758
  • Low Value: 489,326

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $488,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 12, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $488,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $530,000
  • Market Land Value: $158,400
  • Market Improvement Value: $371,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,000
  • Assessed Land Value: $15,840
  • Assessed Improvements Value: $37,160

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Transaction ID: 11848316429
  • Current Sale Price: $610,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2122428000
  • Previous Sale Recording Date: May 20, 2019
  • Previous Sale Contract Date: May 02, 2019
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 12, 2021
  • First Mortgage Loan Amount: $488,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: May 20, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $397,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2049

About North Side



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Frequently Asked Questions

What neighborhood is 3141 North Racine Avenue located in?
The 3141 North Racine Avenue is a condo located in the neighborhood of Lakeview in North Side, Chicago.
How many listings are currently for sale in 3141 North Racine Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 3141 North Racine Avenue?
The average sales price for units in 3141 North Racine Avenue is $609,950 , or $257/sqft. currently.

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