$225,000 - $310,000
RENTED DEC 30, 2024

1061 W 16th St Unit 304 Chicago, IL 60608

Pilsen Neighborhood
1 Bed
1 Bath
1,000 Sq Ft
0.48 Acres

Last Sold August 26, 2019

Last sale price $215,000 $215 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,718/month

Highlights

  • Elevator
  • Intercom
  • Resident Manager or Management On Site
  • Balcony
  • Living Room
  • Laundry Room

About This Home

As of December 2024

This home is located at 1061 W 16th St Unit 304, Chicago, IL 60608 since 27 December 2024 and is currently priced at $265,661. This property was built in 2007. 1061 W 16th St Unit 304 is a home located in Cook County with nearby schools including Juarez Community Academy High School and Youth Connection Leadership Academy.

Last Agent to Rent the Property

Tyson Schutz

The Apartment Source License #471020066 Listed on: 12/27/2024

Last Renter's Agent

Tyson Schutz

The Apartment Source License #471020066 Listed on: 12/27/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,272

Year Built

  • Built in 2007

Lot Details

  • 0.48

Home Design

  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Sump Pump
  • Intercom

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Balcony
  • Outdoor Grill

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • 150 Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 12/1/24
  • Rent includes gas, water, scavenger, exterior maintenance, lawn care, storage lockers, snow removal

Community Details

Overview

  • 42 Units

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,272

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Available Date: 2024-12-01
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1950
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Move-in Fee
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 2007
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: ResidentialLease
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: No
  • LivingArea: 1000
  • Other Equipment: Humidifier, Intercom, CO Detectors, Sump Pump
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens, Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • List Price: 1950
  • Roof: Tar and Gravel
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Driveway: Concrete,Off Alley
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 150 Amp Service
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Amenities: Elevator(s), Storage
  • Rent Includes: Gas, Water, Scavenger, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal
  • Management: Manager Off-site

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Chavez Aly and Chavez Carmen Y
Bought by
Chavez Aly
Total Days on Market
0
Current Estimated Value
$265,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,550
Outstanding Balance
$169,261
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$104,822

Purchase Details

Listed on
Jul 6, 2019
Closed on
Aug 26, 2019
Sold by
Galyan Esmeralda M
Bought by
Chavez Aly and Chavez Carmen Y
Seller's Agent
Vanessa Gonzalez
Kale Realty
Buyer's Agent
Kimberly Offord
Coldwell Banker Realty
List Price
$222,000
Sold Price
$215,000
Premium/Discount to List
-$7,000
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$204,250
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2006
Sold by
Pilsen Lofts Llc
Bought by
Galvan Esmeralda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,113
Interest Rate
6.36%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Chavez Aly -- Plymouth Title Guaranty Corp
Chavez Aly $215,000 Chicago Title
Galvan Esmeralda M $204,500 Ctic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Aly $208,550
Closed Chavez Aly $204,250
Previous Owner Galvan Esmeralda M $169,100
Previous Owner Galvan Esmeralda M $190,113
Previous Owner Galvan Esmeralda M $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Rented $1,950 0.0% --
12/27/2024 12/27/24 Under Contract -- -- --
12/27/2024 12/27/24 For Rent $1,950 +2.6% --
11/22/2023 11/22/23 Rented $1,900 0.0% --
11/21/2023 11/21/23 Under Contract -- -- --
11/21/2023 11/21/23 For Rent $1,900 0.0% --
08/26/2019 08/26/19 Sold $215,000 -4.4% $348 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/12/2019 07/12/19 Price Changed $225,000 +1.4% $364 / Sq Ft
07/06/2019 07/06/19 For Sale $222,000 -- $359 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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
2024 $3,272 $20,099 $1,268 $18,831
2023 $3,168 $18,825 $806 $18,019
2022 $3,168 $18,825 $806 $18,019
2021 $3,785 $18,823 $805 $18,018
2020 $2,808 $12,603 $805 $11,798
2019 $2,145 $14,107 $805 $13,302
2018 $2,108 $14,107 $805 $13,302
2017 $1,790 $11,691 $702 $10,989
2016 $1,841 $11,691 $702 $10,989
2015 $1,662 $11,691 $702 $10,989
2014 $1,367 $9,934 $616 $9,318
2013 $1,328 $9,934 $616 $9,318
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12261054

Midwest Real Estate Data (MRED)

APN: 17-20-402-038-1025