NOT LISTED FOR SALE

1016 W Wellington Ave Chicago, IL 60657

Lakeview Neighborhood

Estimated Value: $1,996,000 - $2,245,000

-- Bed
5 Baths
2,945 Sq Ft
$704/Sq Ft Est. Value

About This Home

This home is located at 1016 W Wellington Ave, Chicago, IL 60657 and is currently estimated at $2,073,968, approximately $704 per square foot. 1016 W Wellington Ave is a home located in Cook County with nearby schools including Harriet Tubman Elementary School, Lincoln Park High School, and Alphonsus Academy & Center for the Arts.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Davis Christopher S and Davis Amanda
Bought by
Chabad East Lakeview Inc
Current Estimated Value
$2,073,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Outstanding Balance
$1,359,200
Interest Rate
7.15%
Mortgage Type
New Conventional
Estimated Equity
$714,768

Purchase Details

Closed on
Jul 28, 2015
Sold by
1016 W Wellington Llc
Bought by
Davis Christopher S and Davis Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,130,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2014
Sold by
Mcknight Cheryl Lynn
Bought by
1016 W Wellington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
3.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 16, 2000
Sold by
Mcknight Zoie M
Bought by
Mcknight Zoie M and Mcknight Cheryl Lynn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chabad East Lakeview Inc -- None Listed On Document
Davis Christopher S $1,530,000 Cti
1016 W Wellington Llc $575,000 Chicago Title
Mcknight Zoie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chabad East Lakeview Inc $1,380,000
Previous Owner Davis Christopher S $1,130,000
Previous Owner 1016 W Wellington Llc $431,250
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,437 $198,000 $54,375 $143,625
2024 $31,437 $198,000 $54,375 $143,625
2023 $30,625 $152,316 $54,688 $97,628
2022 $30,625 $152,316 $54,688 $97,628
2021 $32,711 $165,999 $54,687 $111,312
2020 $30,904 $141,830 $21,250 $120,580
2019 $31,525 $160,340 $21,250 $139,090
2018 $30,994 $160,340 $21,250 $139,090
2017 $29,237 $135,814 $18,750 $117,064
2016 $30,409 $151,825 $18,750 $133,075
2015 $3,436 $18,750 $18,750 $0
2014 $9,801 $52,827 $15,625 $37,202
2013 $9,608 $52,827 $15,625 $37,202
Source: Public Records

Map

Your Personal Tour Guide

Ask me questions while you tour the home.