1520 N Elk Grove Ave Chicago, IL 60622
Wicker Park NeighborhoodEstimated Value: $1,189,000
4
Beds
2
Baths
1,448
Sq Ft
$821/Sq Ft
Est. Value
Highlights
- 2 Car Detached Garage
- 4-minute walk to Damen Station (Blue Line)
- 5-minute walk to Wicker (Charles, Joel) Park
- Space Heater
- Senior Tax Exemptions
About This Home
As of September 20192 flat in a terrific location on a quiet residential block in prime Bucktown. Property is a TEAR DOWN or TOTAL gut rehab on a 24x118 lot (big for Bucktown), zoned RT-4. Currently, there is a brick building on the lot with a cute facade, full basement (would need to be dug out to duplex down) and attic. NOTHING inside is salvageable. This is drive by only. It is being sold AS-IS.. Cash or rehab loans only. Great location near the intersection of Milwaukee/Damen/North, close to expressway, Blue line, 606, etc. Listing agent is related to seller.
Last Agent to Sell the Property
Jameson Sotheby's Intl Realty License #475148283 Listed on: 07/16/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,554
Year Built
- Built in 1887
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 24x118
Parking
- 2 Car Detached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Brick Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Utilities
- Space Heater
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 18, 2020
Sold by
Volo Holdings Llc
Bought by
Bellore Nicholas and Bellore Rachel
Total Days on Market
11
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
$852,000
Interest Rate
2.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 4, 2020
Sold by
Volo Holdings Llc
Bought by
Shaer Paul T and Toole Sarah O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$852,000
Interest Rate
2.37%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 16, 2019
Closed on
Sep 16, 2019
Sold by
Griffith Catherine G
Bought by
Volo Holdings Llc 1520 Elk Grove Series
Seller's Agent
Teresa Griffith
Jameson Sotheby's Intl Realty
Buyer's Agent
Brent Hall
Jameson Sotheby's Intl Realty
List Price
$690,000
Sold Price
$600,000
Premium/Discount to List
-$90,000
-13.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 10, 2019
Sold by
Griffith Catherine G
Bought by
Griffith Catherine G
Purchase Details
Closed on
Jan 18, 2001
Sold by
Parkway Bank & Trust Company
Bought by
Griffith Ervin G and Griffith Catherine G
Similar Homes in Chicago, IL
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bellore Nicholas | $1,065,000 | Alliance Title Corporation | |
| Shaer Paul T | $805,000 | Attorney | |
| Volo Holdings Llc 1520 Elk Grove Series | $600,000 | Chicago Title | |
| Griffith Catherine G | -- | None Available | |
| Griffith Ervin G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shaer Paul T | $85,000 | |
| Previous Owner | Bellore Nicholas | $852,000 | |
| Previous Owner | Shaer Paul T | $644,000 | |
| Previous Owner | Volo Holdings Llc | $1,160,625 | |
| Previous Owner | Volo Holdings Llc 1520 Elk Grove Series | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2019 09/16/19 | Sold | $600,000 | -13.0% | $414 / Sq Ft |
| 07/27/2019 07/27/19 | Pending | -- | -- | -- |
| 07/16/2019 07/16/19 | For Sale | $690,000 | -- | $477 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2020 | $6,161 | $27,655 | $9,628 | $18,027 |
| 2019 | $11,232 | $55,904 | $9,628 | $46,276 |
| 2018 | $11,043 | $55,904 | $9,628 | $46,276 |
| 2017 | $10,554 | $49,027 | $8,496 | $40,531 |
| 2016 | $8,962 | $49,027 | $8,496 | $40,531 |
| 2015 | $8,503 | $49,027 | $8,496 | $40,531 |
| 2014 | $6,441 | $37,285 | $9,912 | $27,373 |
| 2013 | $6,303 | $37,285 | $9,912 | $27,373 |
Source: Public Records
Agents Affiliated with this Home
-
Teresa Griffith
T
Seller's Agent in 2019
Teresa Griffith
Jameson Sotheby's Intl Realty
15 Total Sales
-
Brent Hall
Buyer's Agent in 2019
Brent Hall
Jameson Sotheby's Intl Realty
(773) 727-2381
5 in this area
53 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10453106
APN: 17-06-200-038-0000
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