NOT LISTED FOR SALE

1440 S Neltnor Blvd West Chicago, IL 60185

Chicago West Neighborhood

Estimated Value: $38,923,028

-- Bed
-- Bath
242,748 Sq Ft
$160/Sq Ft Est. Value

About This Home

This home is located at 1440 S Neltnor Blvd, West Chicago, IL 60185 and is currently estimated at $38,923,028, approximately $160 per square foot. 1440 S Neltnor Blvd is a home located in DuPage County with nearby schools including Pioneer Elementary School, Leman Middle School, and West Chicago Community High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Aspen Ridge Llc
Bought by
Rmg Aspen Ridge Llc
Current Estimated Value
$38,923,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,539,000
Outstanding Balance
$8,547,671
Interest Rate
2.73%
Mortgage Type
Commercial
Estimated Equity
$30,375,357

Purchase Details

Closed on
Sep 6, 2017
Sold by
Aspen Ridge 1 Llc
Bought by
Aspen Ridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000,000
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2008
Sold by
Marina Partners Lp
Bought by
Aspen Ridge 1 Llc and Aspen Ridge 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,920,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2000
Sold by
Aspen Ridge Associates Ltd
Bought by
Marina Partners Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
8.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 1994
Sold by
Consolidated Capital Properties V
Bought by
Aspen Ridge Associates Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,150,000
Interest Rate
7.66%
Mortgage Type
Purchase Money Mortgage
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
Rmg Aspen Ridge Llc $28,146,000 Freedom Title Corporation
Aspen Ridge Llc -- Chicago Title
Aspen Ridge 1 Llc $15,937,000 Stewart Title Guaranty Co
Marina Partners Ltd Partnership $10,000,000 Stewart Title Company
Aspen Ridge Associates Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rmg Aspen Ridge Llc $22,539,000
Previous Owner Aspen Ridge Llc $16,000,000
Previous Owner Aspen Ridge 1 Llc $12,920,000
Previous Owner Marina Partners Ltd Partnership $8,000,000
Previous Owner Aspen Ridge Associates Ltd $5,150,000
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 $619,278 $6,974,636 $915,566 $6,059,070
2023 $639,132 $6,898,420 $836,210 $6,062,210
2022 $494,790 $5,233,990 $731,470 $4,502,520
2021 $477,833 $5,017,250 $701,180 $4,316,070
2020 $469,437 $4,864,980 $679,900 $4,185,080
2019 $457,616 $4,632,870 $647,460 $3,985,410
2018 $387,143 $3,836,290 $610,810 $3,225,480
2017 $423,588 $4,070,140 $610,810 $3,459,330
2016 $414,088 $3,795,000 $569,520 $3,225,480
2015 $297,214 $2,557,650 $544,870 $2,012,780
2014 $285,258 $2,435,850 $518,920 $1,916,930
2013 $288,529 $2,530,000 $537,910 $1,992,090
Source: Public Records

Map

Illinois DuPage County West Chicago 60185 Chicago West

1440 S Neltnor Blvd, West Chicago, IL

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