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$389,900 Contingent
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Property Description
Welcome to 523 N Racine Ave Unit 1, a spacious 2-bed condo in River West with approximately 1,200 square feet, 2 full baths, huge west facing windows, 12 foot ceilings, in-unit laundry, and assigned parking. Extensive recent updates pair move-in-ready interiors with convenient access to the CTA Blue Line and Chicago's highway network. Step inside to a nicely painted interior that gives the home a clean, updated feel. High ceilings enhance the spacious layout, while floor-to-ceiling windows at the front of the unit bring in natural light. The kitchen features granite countertops, white cabinetry, and stainless steel appliances, including a refrigerator, oven/range, and dishwasher. Additional updates include an updated washer and dryer, new blinds, barn doors, privacy glass between rooms, updated bathroom fixtures, and added shelving in the pantry and bedroom closets. Major mechanical improvements include a water heater replaced in 2022, plus a brand-new furnace and AC installed in August 2026. An assigned parking space located directly outside the back door adds everyday convenience, while a small gated front yard provides additional outdoor space at the front of the building. The monthly HOA fee is $197.50 and includes water, lawn care, snow removal, garbage, and common-area electricity. Owners repsponsible for gas, electricity, and internet/cable. 2025 property taxes are $8,556.20. With approximately 1,200 square feet and a long list of thoughtful improvements, this 2-bed condo in West Town offers an updated Chicago home with convenient access to public transportation and highways.
Full Property Details
Full Property Details for 523 N Racine Ave #1
General
- Price: $389,900
- HOA FEE: $198/month
- Taxes: $8,556 (2025)
- Status: Contingent
- Type: Condo
- Source: MRED
- MLS ID: 12748175
- Updated: 10/13/2026
- Added to Site: 47 day(s) ago
Interior
- Basement: None
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Equipment: Intercom
- Other Features: Commuter Train, Interstate Access
Parking
- Total Spaces: 1
- Parking Features: Assigned, Yes, Owned
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: Grand Ave to Racine Ave. Racine Ave north to home.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Otis Elementary School
- Middle School: Otis Elementary School
- High School: Wells Community Academy Senior H
- Private School: Wells Community Academy Senior H
Community
- Assoc. Fees Include: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: 523 N Racine Condominium Assoc
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
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 1
- Stories/Levels: 4
- Square Feet: 1,200
- Sq. Ft. Source: Estimated
- Year Built: 2002
Unit Information
- Units in Building: 4
Lot Features
- Lot Dimensions: COMMON
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $198
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2002
- Tax Amount: $8,556.2
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 17082370401001
Listed by Baird & Warner
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Schools
Schools serving 523 N Racine Ave #1
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Otis Elementary School 525 North Armour Street, Chicago, IL 60642 | K-8 | 0.4 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 0.8 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 523 N Racine Ave #1
Date
Details
Price
Change
Source
10/06/2026
Price Reduced
$389,900
-2.53%
MLS
9/15/2026
Listed
$400,000
35.59%
MLS
3/01/2022
Sold
$295,000
—
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 523 N Racine Ave #1
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,750
—
$41,083
29%
2023
$6,750
3%
$31,896
—
2022
$6,560
2%
$31,896
—
2021
$6,414
-6%
$31,896
4%
2020
$6,858
1%
$30,783
-9%
2019
$6,811
2%
$33,900
—
2018
$6,696
5%
$33,900
14%
2017
$6,381
7%
$29,640
—
2016
$5,937
2%
$29,640
-7%
2015
$5,849
20%
$31,920
22%
2014
$4,859
2%
$26,186
—
2013
$4,763
1%
$26,186
—
2012
$4,699
—
$26,186
—
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 523 N Racine Ave #1
523 N Racine Avenue #1, Chicago, IL 60642 (MLS# 12748175) is a Condo property with 2 bedrooms and 2 full bathrooms. 523 N Racine Avenue #1 is currently listed for $389,900 and was received on September 15, 2026. Want to learn more about 523 N Racine Avenue #1? Do you have questions about finding other Condo real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

