1016 W Wellington Ave Chicago, IL 60657
Lakeview NeighborhoodEstimated 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
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
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Home Values in the Area
Average Home Value in this Area
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
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