NOT LISTED FOR SALE

1314 W Wrightwood Ave Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $1,365,000 - $2,718,044

12 Beds
6 Baths
-- Sq Ft
3,093 Sq Ft Lot

Sale Details

Date Sold: July 24, 2019

Last sale price $1,930,000 $0 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $13,791 / mo

30 Days on Market

Highlights

  • Central Air
  • Prescott Elementary School Rated A-
  • 4-minute walk to Supera Park

About This Home

As of July 2019

Complete Gut Renovation on this 5 unit building in prime location! Everything is New (Roof, windows, electrical, plumbing, tuck pointing, floors, mechanicals, appliances, etc!) Condo Quality Finishes thru-out every unit. All New white kitchens/bathrooms, New HVAC/CA, W/D in units & HDWD thru out. 5 Outdoor parking spaces. Four 2 bed 1 Baths and One 4 Bed 2 bath with barrel vaulted ceiling. All units are fully occupied and rent easily in this location! Truly a turn key opportunity, nothing to do to this building but collect rents! 48 hr Notice Required due to tenants.

Last Agent to Sell the Property

Brian Ruff

Coldwell Banker Real Estate Group License #475119859 Listed on: 04/17/2019

Coldwell Banker Real Estate Group

Last Buyer's Agent

Aphisak Seriruk

Baird & Warner License #471014292

Property Details

Home Type

  • Multi-Family

Year Built

  • 1940

Lot Details

  • 3,093

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air

Community Details

  • Insurance Expense $4,100
  • Manager Expense $7,000

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1940

Lot Details

3,093 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Ownership Type: Corporation, Limited Liability Corp
  • Utilities To Site: Sanitary Sewer to Site
  • Zoning Type: MULTI
  • Estimated Age: 1-6 Years
  • Net Oper Income: 129800
  • Outdoor Parking: 1-5 Spaces
  • Repairs Decor Expense: 1500
  • Roof Coverings: Membrane
  • Scavenger Expense: 3000
  • Total Annual Exp: 44800
  • Total Annual Income: 172080
  • Total Monthly Income: 14340
  • Number Of Disposals: 5
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Stories: 3
  • Estimated Year Built: 1940
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1940

Exterior Features

  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Air Conditioner: Central Air
  • Heatventilation: Forced Air, Gas
  • Water Expense: 600

Condo/Co-op/Association

  • Units in Building: 5
  • Manager Expense: 7000

Fee Information

  • Electricity Expense: 600
  • Electrical Service: 201-600 Amps
  • Janitor Expense: 1500

Lot Info

  • Lot Dimensions: 25X123
  • Lot Sq Ft: 3075
  • Parcel Identification Number: 14293080180000

Rental Info

  • Gross Rental Income: 163080
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Gross Rent Multiplier: 12
  • Insurance Expense: 4100
  • Number Of Dishwashers: 5
  • Number Of Dryers: 5
  • Number Of Washers: 5

Tax Info

  • Taxes: 21610

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Jul 24, 2019
Sold by
Bought by
Seller's Agent
Brian Ruff
Coldwell Banker Real Estate Group
Buyer's Agent
Aphisak Seriruk
Baird & Warner
List Price
$2,095,000
Sold Price
$1,930,000
Premium/Discount to List
-$165,000
-7.88%
Current Estimated Value
$2,156,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,015
Avg. Annual Appreciation
1.61%
Original Mortgage
$965,000
Outstanding Balance
$388,518
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$1,767,497

Purchase Details

Closed on
Mar 12, 2019
Sold by
Bought by

Purchase Details

Closed on
Nov 29, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 3, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,335
Interest Rate
7.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.75%
Mortgage Type
Commercial
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,930,000 Chicago Title
-- None Available
$2,000,000 None Available
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $965,000
Previous Owner $1,500,000
Previous Owner $593,335
Previous Owner $600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/24/2019 07/24/19 Sold $1,930,000 -7.9% --
05/17/2019 05/17/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $2,095,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $25,734 $166,000 $57,195 $108,805
2024 $25,734 $166,000 $57,195 $108,805
2023 $25,942 $121,970 $46,125 $75,845
2022 $25,942 $126,125 $46,125 $80,000
2021 $25,363 $126,125 $46,125 $80,000
2020 $21,782 $97,777 $22,140 $75,637
2019 $26,343 $131,119 $22,140 $108,979
2018 $25,900 $131,119 $22,140 $108,979
2017 $7,503 $34,856 $19,680 $15,176
2016 $19,140 $95,564 $19,680 $75,884
2015 $17,512 $95,564 $19,680 $75,884
2014 $15,251 $82,198 $16,605 $65,593
2013 $14,950 $82,198 $16,605 $65,593
Source: Public Records

Agents Affiliated with this Home

  • Brian Ruff

    Seller's Agent in 2019

    Brian Ruff

    Coldwell Banker Real Estate Group

    (773) 720-2651

    4 in this area

    89 Total Sales

    Brian Ruff
    Section Image

  • A

    Buyer's Agent in 2019

    Aphisak Seriruk

    Baird & Warner

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10349703

Midwest Real Estate Data (MRED)

APN: 14-29-308-018-0000

Illinois Cook County Chicago 60614 Lincoln Park

1314 W Wrightwood Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.