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Commercial > Multi-family / Apartments
Sold
01/08/2013
Sold Price
$3,400,000$1,097/ft²

4712 Racine Ave
Chicago, IL 60640

  • -
    Bed
  • -
    Bath
  • 3,100
    ft²
    Living Area
  • 0.5
    ac
    Lot Size
  • -
    Pool
  • -
    Car
  • 1901
    Year Built
  • -
    DOM
  • 6
    Permits
4712 Racine Ave, Chicago, IL 60640 is a 3,100 ft² multi-family/apartments property built in 1901 on a 0.491 acre lot with 6 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2013 for $3,400,000.

    Permits

    4712 Racine Ave has 6 permit records of total value of $423,590.

    Permit History
    6
    Permits
    $423,590
    Total Permit Value
    August 22, 2016
    Description: Revision to p#100573499 to change electrical contractor all work to remain the sameJob Value: $16,000Status: issuedType: Electric wiringBusiness Name: ACE ElectricFees: $75Effective Date: 2016-08-22Permit Number: 100665748
    April 22, 2016
    Description: Renovation & interior alterations to expand residential use into basement area. Convert 3 story 44 unit residential building into 52 du as per plansJob Value: $225,000Status: issuedType: Renovation/alterationBusiness Name: ACE Electric; Demox INC; Midwest Heritage Builders LLC; OK Heating & Cooling; Patyk Plumbing INCApplicant: Andy NieworwskiFees: $2,956Effective Date: 2016-04-22Permit Number: 100573499
    May 20, 2013
    Description: 54 meter 1600a service for existing and future dwelling units..elect permit does not verify the legal number of dwelling unitsJob Value: $70,000Status: issuedType: Electric wiringBusiness Name: ACE ElectricFees: $500Effective Date: 2013-05-20Permit Number: 100476995
    February 3, 2013
    Description: Work in all apartments installing new panels adding new circuits changing outlets, switches light fixturesJob Value: $10,000Status: issuedType: Electric wiringBusiness Name: ACE ElectricFees: $150Effective Date: 2013-02-03Permit Number: 100476470
    June 3, 2011
    Description: Masonry repair appx 300 sq ft: replace bricks & lintels (4 long). Repair chimney. Tuckpoint (no structural work)- all work same as existing; subject to field inspectionJob Value: $12,590Status: issuedType: Easy permit processBusiness Name: Best Quality Construction INC; WAZ CorpApplicant: Ljubo PejovicFees: $375Effective Date: 2011-06-03Permit Number: 100396922
    January 9, 2008
    Description: Replacing seven open wood porches same location same size as per plansJob Value: $90,000Status: issuedType: Renovation/alterationBusiness Name: Frackiel Builders Incorporate; Heiniger Joel DApplicant: Ljubo PejovicFees: $985Effective Date: 2008-01-09Permit Number: 100218597

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2021$80,270.24
      From latest Total Assessed Value20.85%
      Total Assessed Value$384,920
      =
      Land
      Assessed Value      $106,950
      +
      Additions
      Assessed Value      $277,970

      • In 2021, taxes billed for 4712 Racine Ave were $80,270.24, which is 20.85% from latest Total Assessed Value of $384,920.

    Property History

    4712 Racine Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 4712 Racine Ave

    • Hazard Risks

      Wind
      157
      Hail
      147
      Particulates
      140
      Ozone
      111
      Air Pollution
      109
      Nat'l Avg
      100
      Carb Mono
      96
      Tornado
      83
      Lead
      54
      Weather
      54
      Earthquake
      41
      Hurricane
      12

      • 12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 4712 Racine Ave.

      Walkability Index

      14 /20

      Somewhat Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      4712 Racine Ave has a walkability score of 14 out of 20, which means that it is in a somewhat walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      26 °F

      Low

      19°F

      High

      34°F

      Summer
      Average

      71 °F

      Low

      62°F

      High

      81°F

      In the winter at 4712 Racine Ave, temperatures range from 19.16°F to 33.72°F with an average of 26.44°F. In the summer, the temperature ranges from 61.94°F to 80.54°F with and average of 71.24°F.

    School Information

    Public/private schools serving 4712 Racine Ave

      Public Schools

      Courtenay Elementary School
      Grades: PK-8
      0.43  mi
      C+
      Senn High School
      Grades: 9-12
      1.52  mi
      C-
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 4712 Racine Ave have ratings undefined, and undefined.

    Neighborhood

    This property is located in Uptown, Chicago, IL 60640.

    • Region

      • Boundary map of Uptown.

      Crime Index for 60640

      160

      High Crime Index
      160

      The crime index in 60640 is 160, which is 1.6 times higher than national average.

    • Seasonal Housing units 60640

      9%

      of housing is for seasonal rent.

      Daytime Population for 60640

      -12%

      of people during work hours.

    Market Trends

    Historical market data near 4712 Racine Ave over selected time period.

    Nearby Properties on Racine Ave

    USAILCook CountyChicagoRacine Ave