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446 North Racine Avenue

446 North Racine Avenue, Chicago, IL 60642
Property in Fulton Market
Sold Jul 13, 2000
$200,000
$97,000 by Fifth Third Bank
Mortgage Due Jul 25, 2048
Local assessors in Chicago, IL have categorized 446 North Racine Avenue as a residential type of property. The home was built in 1892 and is 132 years old. The property's lot size has been calculated to be 2,625 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 446 North Racine Avenue has a total of 1,848 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Apr 28, 2000 for $200,000. That's $108.23 per sqft. 446 North Racine Avenue was last assessed in 2022. The total value of the property was assessed at $59,000. Specifically, the land the property is located on was valued at $15,750. While improvements on the property were assessed at a total of $43,250. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,614. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1892
  • Effective Year Built: 1892
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,625
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,848
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF BLKS2-3 IN SUB OF LT E
  • Land Acres: 0.06
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (SUBDIVISION) OF BLKS2-3 IN SUB OF LT E OF CIRCUIT COURT PARTN OF NW SEC 08-39-14

Ownership

  • Current Owner : FLORES MANUEL
  • Current Owner 2: FLORES TERESA
  • Previous Owner : VASQUEZ ANA BELIA
  • Previous Owner 2: VASQUEZ GENARO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 243400

Zoning

  • Zoning: M2-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-08-134-035-0000
  • Block: 2,3
  • Lot: 11
  • Meridian: SEC 08 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8903
  • Longitude: -87.6578

    Address

  • Full Address: 446 N Racine Ave
  • Address - House Number: 446
  • Street Direction: N
  • Address - Street Name: Racine
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C003
  • 4-Digit Zip Code: 5840
  • Zip Code: 60642

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,614
  • Tax Rate Code Area: 77001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $97,000
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK
  • First Open Lien Mortgage Recording Date: Jul 20, 2018
  • First Open Lien Mortgage Loan Amount: $97,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 25, 2048

    Market Valuation

  • Market Total Value: $590,000
  • Market Land Value: $157,500
  • Market Improvement Value: $432,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,000
  • Assessed Land Value: $15,750
  • Assessed Improvements Value: $43,250

    Sales

  • Current Sale Contract Date: Apr 28, 2000
  • Current Sale Recording Date: Jul 13, 2000
  • Current Sale Transaction ID: 1145011126
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 00520100

    Last Sale Mortgage

  • First Mortgage Lender: THE NORTHERN TRUST COMPANY
  • First Mortgage Transaction Date: Jul 13, 2000
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 01, 2020

About West Side



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Frequently Asked Questions

What neighborhood is 446 North Racine Avenue located in?
The 446 North Racine Avenue is a located in the neighborhood of Fulton Market in West Side, Chicago.
What is the average sales price for listings in 446 North Racine Avenue?
The average sales price for units in 446 North Racine Avenue is $0 currently.

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