NOT LISTED FOR SALE

1141 W Madison St Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $1,996,853 - $3,805,000

-- Bed
8 Baths
-- Sq Ft
2,875 Sq Ft Lot

About This Home

This home is located at 1141 W Madison St, Chicago, IL 60607 and is currently estimated at $2,900,927. 1141 W Madison St is a home located in Cook County with nearby schools including Skinner Elementary School, Wells Community Academy High School, and Montessori Academy Of Chicago.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2017
Sold by
Cgm Properties Llc
Bought by
Red Sky Capital Llc
Current Estimated Value
$2,900,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2010
Sold by
Us Bank National Association
Bought by
Cgm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,250
Interest Rate
5.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2009
Sold by
1141 West Madison Llc
Bought by
Park National Bank

Purchase Details

Closed on
Jul 8, 2005
Sold by
1141 West Llc
Bought by
1141 West Madison Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
5.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2005
Sold by
Chelios Christos
Bought by
1141 West Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.67%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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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
Red Sky Capital Llc $2,000,000 Chicago Title
Cgm Properties Llc $1,075,000 Ticor
Park National Bank -- Fatic
1141 West Madison Llc $915,000 Chicago Title Insurance Comp
1141 West Llc $710,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Red Sky Capital Llc $1,800,000
Previous Owner Cgm Properties Llc $806,250
Previous Owner 1141 West Madison Llc $990,000
Previous Owner 1141 West Llc $750,000
Source: Public Records

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 $44,938 $201,000 $17,856 $183,144
2023 $43,806 $212,256 $14,400 $197,856
2022 $43,806 $212,256 $14,400 $197,856
2021 $42,823 $212,256 $14,400 $197,856
2020 $22,572 $100,990 $9,792 $91,198
2019 $22,874 $113,472 $9,792 $103,680
2018 $22,487 $113,472 $9,792 $103,680
2017 $16,653 $77,092 $8,640 $68,452
2016 $15,441 $77,092 $8,640 $68,452
2015 $14,127 $77,092 $8,640 $68,452
2014 $17,962 $96,812 $7,200 $89,612
2013 $17,608 $96,812 $7,200 $89,612
Source: Public Records

Map

Illinois Cook County Chicago 60607 West Loop

1141 W Madison St, Chicago, IL

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