1701 S Racine Ave #2, Chicago IL 60608
3 br 2 ba 1,700 sqft Condo| $329,000 |
Description provided by Trulia.
Description provided by Realty Trac.
Listing Details
| Status | For Sale |
| Listing Type | Resale |
| MLS/Source ID | 07071963 |
| Price/sqft | $194 |
| Total views (as of 7/11/09) |
6 |
Contact info
Provided by: Prudential Preferred Properties
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Street view
This property
$329,000
$329,000
Similar homes for sale
$365,317
$365,317
Recently sold homes
$298,333
$298,333
Similar homes for sale
Average listing price is $365,317
Recently sold homes
Average sales price is $298,333
| This home | ||
|---|---|---|
| Listing price: | $329,000 | |
| Compared to similar homes | ||
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| Avg. listing price: | $365,317 | -10% |
| Avg. sales price: | $298,333 | +10% |
| Compared to Pilsen | ||
|---|---|---|
| Avg. listing price: | $293,103 | +12% |
| Avg. sales price: | $156,265 | +111% |
| Avg. price/sqft: | $79 | +146% |
Comparisons are relative to similar homes on Trulia and are intended as a
guide only. Home values are affected by many factors—find out more
| This home | ||
|---|---|---|
| Listing price: | $329,000 | |
| Compared to Chicago | ||
|---|---|---|
| Avg. listing price: | $463,831 | -29% |
| Avg. sales price: | $277,543 | +19% |
| Avg. price/sqft: | $121 | +60% |
Elementary
Middle
High
| SCHOOL NAME | SCHOOL TYPE | PARENT RATING | DISTANCE (mi) | TEST RATING |
|---|---|---|---|---|
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St Procopius School
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Catholic | 0.07 | ||
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Jungman Elementary School
Chicago Public School District 299 |
Public | 0.19 | ||
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Manuel Perez Elementary School
Chicago Public School District 299 |
Public | 0.23 | ||
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Perez Elementary School Annex
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Public | 0.3 | ||
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Pilsen Community Academy
Chicago Public School District 299 |
Public | 0.32 | ||
View all schools in:
Chicago Public School District 299
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
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Open house times for:1701 S Racine Ave #2, Chicago IL 60608 |
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| Communities near 1701 S Racine Ave #2, Chicago | ||||||||||||||
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This Condo located at 1701 S Racine Ave, Chicago IL, 60608 is currently for sale and has been listed on Trulia for 241 days. This property is listed by Prudential Preferred Properties for $329,000. 1701 S Racine Ave #2 has has 3 beds, 2 baths, and approximately 1,700 square feet. The property was built in 2007. 1701 S Racine Ave is in the Pilsen neighborhood in Chicago and in ZIP Code 60608. The list price of $329,000 is 12% higher than the average list price of $293,103 for Pilsen real estate, 0.48% higher than the average list price of $327,430 for 60608 real estate, and 29% lower than the average list price of $463,831 for Chicago, IL real estate. The price for this property is 111% higher than the average sales price of $156,265 for Pilsen, 61% higher than the average sales price of $204,298 for 60608, and 19% higher than the average sales price of $277,543 for Chicago. The price per square foot for this property is $194, which is 145% higher than the average of $79 for Pilsen, 86% higher than the average of $104 for 60608 and 60% higher than the average of $121 for Chicago.
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Pre-Foreclosure (Notice of Default or Lis Pendens)
The foreclosure process begins when a borrower/owner defaults on loan payments and the lender files a public default notice, called a Notice of Default or Lis Pendens. Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. Auction (Notice of Trustee Sale or Notice of Foreclosure Sale) If the loan is not reinstated by the end of the pre-foreclosure period, potential buyers can bid on the property at a public auction. Buyers often are required to pay in cash at the auction and may not have much time to research the title and condition of the property beforehand; however, a public auction often offers some of the best bargains and avoids the unpredictability of dealing directly with the borrower/owner. Bank-owned (Real Estate Owned) If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. The lender will then typically clear the title and perform needed maintenance and repair; however, the potential bargain for these REO homes is typically less than a pre-foreclosure or auction property. |
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Home price comparisons are relative to similar homes on Trulia (a close match to the home you're looking at based on how close it is, property type, size, number of bedrooms and bathrooms). Home buyers should note that property value estimates are affected by many factors and should only be used as a guide. Factors affecting home values include things like:
For further advice when evaluating a home, contact a local real estate professional. |
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A similar home is a close match to the home you're looking at based on property type, number of bedrooms and bathrooms, property age, and of course how close it is. Comparing similar homes (either for sale or sold) with the home you're looking at can help you establish a context for the listing price. Simply put, it's price comparison for houses!
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