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Apartments (Generic)Residential
Last sold for $150,000 on Aug 21, 2001

518 N RACINE AVE

CHICAGO, IL 60642
6
Beds
3
Baths
2,247 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1,587 ft²
Lot SizeThe size of the land the home sits on, from county records.
1890
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
12
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$150,000 · Aug 21, 2001

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$11,149 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$57,000 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$11,823
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$45,177
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$56,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$570,000

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.36
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
70
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
69
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
40
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Apartments (Generic)
StyleThe architectural style of the home, such as ranch or colonial.Two Family
CountyCook
Lot (acres)The size of the land the home sits on, from county records.0.04
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.None
CoolingThe type of cooling or air conditioning in the home.None
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Otis Elementary SchoolD+
Elementary · Grades KG–8 · 0.4 mi
H
Wells Community Academy High SchoolF
High · Grades 9–12 · 0.8 mi

District: Chicago Public School District 299

Neighborhood · ZIP 60642These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.154
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.111
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.43

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.50%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.2.2%
PopulationHow many people live in this area.22,428
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.12,760 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$125,599
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$151,829
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

518 N Racine Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Bigger than 77% of homes in Cook County
  • Among the smallest lots in Cook County
  • Older than 97% of homes in Cook County

How it measures up in Chicago 60642

The dot is this home. The mark in the middle is the typical home in Chicago 60642.

Living area2,247 ft²
SmallerTypical 2,000 ft²Bigger

Bigger than 58% of homes nearby

Lot size1,587 ft²
SmallerTypical 3,354 ft²Bigger

Bigger than 8% of homes nearby

Year built1890
OlderTypical 1999Newer

Newer than 17% of homes nearby

How 518 N Racine Ave ranks against every home in each area.
MeasureThis homeWest TownChicago 60642Cook County
Living areabigger than2,247 ft²56% of homes58% of homes77% of homes
Lot sizebigger than1,587 ft²6% of homes8% of homesalmost no homes
Year builtnewer than189019% of homes17% of homes3% of homes

About 518 N Racine Ave

When did 518 N Racine Ave, Chicago, IL last sell?

518 N Racine Ave, Chicago, IL last sold on Aug 21, 2001 for $150,000, according to the county's recorded deed.

How big is 518 N Racine Ave, Chicago, IL?

518 N Racine Ave, Chicago, IL has 6 bedrooms, 3 bathrooms, 2,247 square feet of living space and a 0.04-acre lot.

When was 518 N Racine Ave, Chicago, IL built?

518 N Racine Ave, Chicago, IL was built in 1890, making it 136 years old. It is a two family home. The building has 2 stories.

What schools serve 518 N Racine Ave, Chicago, IL?

518 N Racine Ave, Chicago, IL is assigned to Otis Elementary School (elementary), rated D+; Wells Community Academy High School (high), rated F. All sit in Chicago Public School District 299. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 518 N Racine Ave, Chicago, IL compare to other homes in Chicago 60642?

Among the 6,021 homes in Chicago 60642, it is bigger than 58% of them (2,247 ft² against a typical 2,000 ft²), its lot is bigger than 8% of them (1,587 ft² against a typical 3,354 ft²) and it is newer than 17% of them (1890 against a typical 1999). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 518 N Racine Ave, Chicago, IL?

The 2023 property tax bill for 518 N Racine Ave, Chicago, IL was $11,149. The county assessed it at $57,000.

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