OFF MARKET

Off market may 2024 for $1.2M

$1,466,993

Est. refi paymentEst. refi $8,090/mo

•

—

sq ft

2040 N Racine Ave #1, Chicago, IL 60614

About this home

Stunning brick and limestone newer construction duplex down in the heart of Lincoln Park. Located on tree lined Racine Avenue, in the acclaimed Oscar Mayer School District and steps to Armitage and transportation. This home offers a superior floor plan, amazing details throughout and an abundance of outdoor space. Customized four bedroom, two and a half bath home features unmatched finishes including large professional grade eat in kitchen with Wolf/Subzero appliances, stone countertops with full height backsplash, an oversized island and butler's pantry. Expansive great room which leads to large back deck and private garage deck perfect for entertaining. Wonder formal siting room with front terrace and a separate dining room flooded with natural light. Four bedrooms down with two full baths and radiant heat throughout. Beautifully detailed tiled bathrooms, primary suite with steam/rain/double vanity and large walk-in closet. Oversized crown molding and detailed trim throughout. Very well maintained home that shows beautifully.

CondoProperty Type

2015Year Built

1 car garageParking

Listed by Jeffrey Lowe • Compass

Listed by Arno Gerbrecht • Compass

Bought with Catherine Egan • Jameson Sotheby's Intl Realty

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #12036711

Redfin Estimate

$1,466,993

$267K since sold in May 2024$16K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.3% lower than the average sale price ($1.56M) of 6 comparable homes.

SOLD OCT 16, 2026
$1,330,000
A
4 beds2.5 baths2,322 sq ft
2042 N Racine Ave #101, Chicago, IL 60614
SOLD SEP 15, 2023
$1,910,000
B
4 beds2.5 baths2,600 sq ft
2049 N Clifton Ave #2, Chicago, IL 60614
SOLD AUG 28, 2026
$1,225,000
C
4 beds2.5 baths— sq ft
2333 N Southport Ave #1, Chicago, IL 60614
SOLD SEP 3, 2026
$1,050,000
D
2 beds2 baths— sq ft
2019 N Racine Ave #3, Chicago, IL 60614
SOLD SEP 8, 2026
$2,000,000
E
4 beds3 baths— sq ft
1905 N Bissell St #3, Chicago, IL 60614
SOLD OCT 1, 2026
$1,875,000
F
4 beds2.5 baths2,600 sq ft
2117 N Halsted St Ph, Chicago, IL 60614

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Sell

$480,278

Est. take-home

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Est. cash available

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Rent

$4,199/mo

Redfin rental estimate

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Market trends in DePaul, IL

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

102.0%

+4.0% MoM

Median sale price

$803K

$532K MoM

Avg. days on market

32d

11 days MoM

Recently sold homes

7 MoM

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See all

Provided by Redfin

Sale history for 2040 N Racine Ave #1

Date

Event

Price

MRED as Distributed by MLS Grid #12036711

May 30, 2024

Sold (MLS) (Closed)

$1,200,000

May 8, 2024

Pending

—

Apr 26, 2024

Contingent (Contingent - Continue to Show)

—

Apr 23, 2024

Listed (Active)

$1,200,000

MRED as Distributed by MLS Grid #08889720

Jul 2, 2015

Sold (MLS) (Closed Sale)

$979,000

May 26, 2015

Pending

—

Apr 24, 2015

Contingent

—

Apr 13, 2015

Listed (New)

$979,000

+12

New construction duplex in Lincoln Park! Desired floorplan w/living space on main level. Beautifully designed kitchen, premium appliances:Sub-Zero/Wolf/Bosch, quartz. Tasteful millwork: crown, wainscoting, coffered ceiling. Luxury master bath in White Carrara. Front terrace off LR, back deck. Radiant heat, large custom closets. Quality all brick construction, light weight concrete between units. Photos of past proj.

Tax history for 2040 N Racine Ave #1

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Condo/Co-op

County

Cook County

APN

14321340661001

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 14, 2026.

RT-4

Residential Two-Flat, Townhouse and Multi-Unit District

The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service

Property details

Parking

Parking Information
# of Garage Spaces: 1
# of Parking (Total): 1
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached
Garage Details: Garage Door Opener(s)
Driveway: Off Alley

Interior

Bathroom Information
# of Baths (Full): 2
# of Baths (1/2): 1
Bath Amenities: Separate Shower,Steam Shower

Bedroom Information
# of Bedrooms: 4
# of Bedrooms Possible: 4

Room Information
Room Type: Bedroom 2
Level: Lower
Dimensions: 11 x 11
Flooring: Carpet

Room Information
Room Type: Bedroom 3
Level: Lower
Dimensions: 11 x 11
Flooring: Carpet

Room Information
Room Type: Bedroom 4
Level: Lower
Dimensions: 11 x 10
Flooring: Carpet

Room Information
Room Type: Dining Room
Level: Main
Dimensions: COMBO
Flooring: Hardwood

Room Information
Room Type: Family Room
Level: Main
Dimensions: 22 x 18
Flooring: Hardwood

Room Information
Room Type: Kitchen
Type: Eating Area-Breakfast Bar,Island
Level: Main
Dimensions: 13 x 11
Flooring: Hardwood

Room Information
Room Type: Laundry

Room Information
Room Type: Living Room
Level: Main
Dimensions: 14 x 20
Flooring: Hardwood

Room Information
Room Type: Master Bedroom
Level: Lower
Dimensions: 18 x 16
Flooring: Carpet
Bath: Full,Double Sink,Tub & Separate Shwr

Additional Rooms Information
Dining Room: Combined w/ LivRm
Basement Description: None
Laundry Features: Gas Dryer Hookup, In Unit

Interior Features
Interior Features: Hardwood Floors
# of Rooms: 8

Equipment
Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer
Humidifier

Fireplace Information
# of Fireplaces: 1
Fireplace Location: Living Room

Exterior

Exterior Features
Exterior Features: Deck, Roof Deck

Building Information
# Of Units in Building: 3
Living Area Source: Not Reported
Exterior Building Type: Brick
Age: 6-10 Years
Built Before 1978 (Y/N): No
Foundation Details: Concrete Perimeter

Property Information
Property Type: Attached Single
Property Type: Condo, Condo-Duplex
Ownership: Condo
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 14321340661001

Lot Information
Dimensions: COMMON
Lot Features: Common Grounds

Financial

Tax Information
Tax Annual Amount: $13,282.71
Tax Year: 2022
Tax Exemptions: Homeowner

Financial Information
Finance Code: Conventional
Special Service Area: N

Utilities

Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas, Forced Air
Cooling: Central Air

Location

Community Information
Management: Self-Management
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Dogs OK
Max Pet Weight: N/A

Homeowners Association Information
Association Fee: $234
Association Fee Frequency: Monthly
Association Fee Includes: Water, Insurance, Exterior Maintenance
Master Association Fee Frequency: Not Required

School Information
Elementary School District: 299
Elementary School: Oscar Mayer Elementary School
Middle Or Junior School District: 299
Middle Or Junior School: Oscar Mayer Elementary School
High School District: 299
High School: Lincoln Park High School

Location Information
Unit Floor Level: 1
Township: North Chicago
Corporate Limits: Chicago
Directions: Armitage (2000 north) to Racine (1200 west), north to 2040.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: —
Year Renovated: —
County: Cook County
APN: 14321340661001

Home facts updated by county records on Sep 14, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No

Around this home

Schools

K - 12
Preschool & daycare

Mayer Elementary School

Public PreK-8 • Assigned • 0.3mi

10/10

Lincoln Park High School

Public 9-12 • Assigned • 0.7mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 7 days in 30 years

Provided by First Street

Historical weather

Chicago, IL • 60614

Average low and high temperatures (°F)

31°

17°

39°

25°

54°

36°

61°

45°

67°

52°

81°

65°

86°

72°

81°

68°

78°

63°

66°

54°

52°

40°

38°

24°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.39M – $1.69M

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Home values near 2040 N Racine Ave #1

Data from public records.

Address	Redfin Estimate
2032 N Racine Avenue #2, Chicago, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$722,925
2034 N Racine Avenue #2, Chicago, IL 4 Beds \| 3.5 Baths \| 2500 Sq. Ft.	$2,200,658
2050 N Racine Avenue #301G3, Chicago, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$675,228
2052 N Racine Avenue, Chicago, IL 4 Beds \| 3 Baths \| - Sq. Ft.	$1,693,545
2042 N Racine Avenue #301, Chicago, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$971,597
2040 N Racine Avenue #2, Chicago, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$893,212
2040 N Racine Avenue, Chicago, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$979,775

Address	Redfin Estimate
2032 N Racine Avenue #1, Chicago, IL 3 Beds \| 2.5 Baths \| 2450 Sq. Ft.	$1,052,375
2036 N Racine Avenue, Chicago, IL 4 Beds \| 3.5 Baths \| 4000 Sq. Ft.	$1,913,692
2054 N Racine Avenue, Chicago, IL 4 Beds \| 2 Baths \| 2010 Sq. Ft.	$1,588,982
2050 N Racine Avenue #201, Chicago, IL - Beds \| - Baths \| 1250 Sq. Ft.	$642,703
2046 N Racine Avenue #B, Chicago, IL 4 Beds \| 3.5 Baths \| - Sq. Ft.	$979,335
2050 N Racine Avenue #1, Chicago, IL 3 Beds \| 3 Baths \| 2200 Sq. Ft.	$943,268
2034 N Racine Avenue #1, Chicago, IL 4 Beds \| 3.5 Baths \| 2500 Sq. Ft.	$1,675,657

Address	Redfin Estimate
2039 N Racine Avenue, Chicago, IL 4 Beds \| 5 Baths \| 5100 Sq. Ft.	$2,303,872
2042 N Racine Avenue #201, Chicago, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$807,420
2024 N Racine Avenue #A, Chicago, IL 4 Beds \| 3.5 Baths \| - Sq. Ft.	$1,213,435
2042 N Racine Avenue #101, Chicago, IL 4 Beds \| 2.5 Baths \| 2322 Sq. Ft.	$1,290,838
2046 N Racine Avenue #A, Chicago, IL 3 Beds \| 3.5 Baths \| 1487 Sq. Ft.	$1,068,291
2050 N Racine Avenue #3, Chicago, IL 2 Beds \| 2 Baths \| - Sq. Ft.	$654,368

Property information provided by MRED as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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