1516 W Chestnut St Unit U2 Chicago, IL 60642
West Town NeighborhoodEstimated Value: $578,000 - $604,000
2
Beds
2
Baths
5,320
Sq Ft
$112/Sq Ft
Est. Value
About This Home
This home is located at 1516 W Chestnut St Unit U2, Chicago, IL 60642 and is currently estimated at $595,315, approximately $111 per square foot. 1516 W Chestnut St Unit U2 is a home located in Cook County with nearby schools including Otis Elementary School, Wells Community Academy High School, and Golder College Prep.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 24, 2024
Sold by
Saunders Blake G and Brinks Kristen
Bought by
Volk Louis and Story-Remer Jacqueline
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
$459,375
Outstanding Balance
$452,072
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$143,243
Purchase Details
Closed on
Jul 24, 2017
Sold by
Gale Lenny J and Gale Shalva
Bought by
Saunders Blake G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 31, 2014
Sold by
Hargesheimer Mindy Hynes and Hynes Melinda
Bought by
Gale James B and Hargesheimer Daniel A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,200
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 31, 2009
Sold by
Uki Buildes Inc
Bought by
Hynes Melinda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,850
Interest Rate
5.11%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Volk Louis | $612,500 | None Listed On Document | |
| Saunders Blake G | $490,000 | Chicago Title | |
| Gale James B | $404,500 | -- | |
| Gale James B | $404,500 | -- | |
| Gale James B | $404,500 | -- | |
| Hynes Melinda | $346,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Volk Louis | $459,375 | |
| Previous Owner | Saunders Blake G | $424,100 | |
| Previous Owner | Gale James B | $323,200 | |
| Previous Owner | Hynes Melinda | $311,850 |
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 | $8,750 | $53,068 | $6,698 | $46,370 |
| 2024 | $8,750 | $53,068 | $6,698 | $46,370 |
| 2023 | $8,482 | $44,663 | $3,057 | $41,606 |
| 2022 | $8,482 | $44,663 | $3,057 | $41,606 |
| 2021 | $8,311 | $44,661 | $3,056 | $41,605 |
| 2020 | $8,789 | $42,556 | $3,056 | $39,500 |
| 2019 | $8,727 | $46,865 | $3,056 | $43,809 |
| 2018 | $8,579 | $46,865 | $3,056 | $43,809 |
| 2017 | $8,899 | $41,338 | $2,697 | $38,641 |
| 2016 | $8,280 | $41,338 | $2,697 | $38,641 |
| 2015 | $7,575 | $41,338 | $2,697 | $38,641 |
| 2014 | $5,999 | $34,900 | $2,292 | $32,608 |
| 2013 | $5,869 | $34,900 | $2,292 | $32,608 |
Source: Public Records
Map
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