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$895,000
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Property Description
Don't miss this exceptional penthouse 3-bedroom, 2-bath simplex in an intimate 4-unit building by renowned luxury builder Environs. This extra-wide home is flooded with natural light, including four skylights set within soaring vaulted ceilings. A private staircase leads to a spacious entry and two distinct living areas, each featuring a cozy fireplace, creating the perfect layout for both entertaining and everyday living. The beautifully updated kitchen features quartz countertops, stainless steel appliances, under-cabinet lighting, and abundant storage, flowing seamlessly into the dining area and expansive private deck. The luxurious primary suite offers dual closets and a fully renovated spa-inspired bath with a double vanity and oversized walk-in shower. Two additional spacious bedrooms provide flexibility for guests, a home office, or both, with a Murphy bed included. Hardwood floors run throughout, and side-by-side laundry, garage parking with ample overhead storage complete this remarkable home. Ideally located in the heart of Lakeview near the shops on Southport Avenue, numerous restaurants, parks, the CTA Red, Brown and Purple Lines, and the Belmont bus.
Full Property Details
Full Property Details for 3131 N Racine Ave #3
General
- Price: $895,000
- HOA FEE: $175/month
- Taxes: $12,492 (2025)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12677597
- Updated: 6/28/2026
- Added to Site: 18 day(s) ago
Interior
- Basement: None
- Interior Features: Cathedral Ceiling(s), Storage
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Family Room, Living Room, Wood-Burning, Gas Starter
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Electric Vehicle Charging Station(s), Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Lake View
- County: Cook
- Township: Lake View
- Driving Directions: Belmont to Racine, go South to property
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Harriet Tubman Elementary School
- High School: Lake View High School
- Private School: Lake View High School
Community
- Assoc. Fees Include: Water, Insurance, Scavenger
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: Self-managed
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick, Block
- Exterior Const.: Brick, Block
- Basement Desc.: None
- Roof: Asphalt
- Windows: Skylight(s)
- Sub-Flooring: Hardwood
- Entry Floor Number: 3
- Stories/Levels: 3
- Square Feet: 1,708
- Sq. Ft. Source: Other
- Year Built: 1998
- Remodeled/Updated: 2020
Unit Information
- Units in Building: 4
Lot Features
- Lot Dimensions: common
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $175
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1998
- Tax Amount: $12,492.4
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 14292000501001
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Schools
Schools serving 3131 N Racine Ave #3
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Harriet Tubman Elementary School 2851 North Seminary Avenue, Chicago, IL 60657 | PK-8 | 0.4 mi |
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3131 N Racine Ave #3
Date
Details
Price
Change
Source
6/17/2026
Listed
$895,000
30.66%
MLS
7/13/2021
Sold
$685,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3131 N Racine Ave #3
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,760
—
$62,180
22%
2023
$10,760
3%
$50,999
—
2022
$10,490
9%
$50,999
—
2021
$9,586
1%
$50,999
11%
2020
$9,520
2%
$45,836
-8%
2019
$9,343
-5%
$49,930
—
2018
$9,863
28%
$49,930
27%
2017
$7,733
5%
$39,300
—
2016
$7,371
2%
$39,300
—
2015
$7,202
-9%
$39,300
-8%
2014
$7,906
2%
$42,612
—
2013
$7,750
1%
$42,612
—
2012
$7,647
—
$42,612
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3131 N Racine Ave #3
3131 N Racine Avenue #3, Chicago, IL 60657 (MLS# 12677597) is a Condo property with 3 bedrooms and 2 full bathrooms. 3131 N Racine Avenue #3 is currently listed for $895,000 and was received on June 17, 2026. Want to learn more about 3131 N Racine Avenue #3? Do you have questions about finding other Condo real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

