NOT LISTED FOR SALE

1612 S Union Ave Unit 2 Chicago, IL 60616

East Pilsen Neighborhood

Estimated Value: $414,984 - $554,000

3 Beds
2 Baths
1,975 Sq Ft
4,792 Sq Ft Lot

Last Sold May 10, 2016

Last sale price $269,850 $137 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,081/month

72 Days on Market

Highlights

  • Fenced Yard
  • Patio
  • 1-minute walk to Halsted Station

About This Home

As of May 2016

Don't miss out! Stop paying rent! Your monthly cost could be lower to own than you may think. Tucked away in one great location! This is the home you have been waiting for. Enjoy all the city has to offer while still enjoying that residential neighborhood feeling. Low traffic streets and a simple straight shot to the city. Don't let this one get away! All measurement and estimates. Buyer to verify room count and use. Property is occupied.

Last Agent to Sell the Property

Timothy Blomquist

Key Realty, Inc. License #475144258 Listed on: 02/25/2016

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,373

Lot Details

  • 4,792

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Patio
  • Fenced Yard
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,373

Lot Details

0

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 16X13, On Level: Main Level
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X11, On Level: Main Level
  • Bedroom 2: Dimensions: 10X10, On Level: Main Level
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level
  • Estimated Sq Ft: 1975

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Patio

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 50
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Special Assessments: U
  • Management Contact Name: Manager
  • Management Phone: 312-870-0199

Fee Information

  • Management Company: 1612 S Union Management

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 24X100
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 17213000361002

Multi Family

  • Total Number Unitsin Building: 3
  • Number Stories: 3

Tax Info

  • Taxes: 4882.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
Apr 19, 2016
Sold by
Us Bank Na
Bought by
Field Growth Inc
Seller's Agent
Timothy Blomquist
Key Realty, Inc.
Buyer's Agent
Non Member
NON MEMBER
List Price
$300,000
Sold Price
$269,850
Premium/Discount to List
-$30,150
-10.05%
Current Estimated Value
$480,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,146
Avg. Annual Appreciation
6.33%

Purchase Details

Closed on
Aug 5, 2015
Sold by
Iniguez Maricela
Bought by
U S Bank National Association

Purchase Details

Closed on
May 4, 2007
Sold by
Union Street Development Llc
Bought by
Iniguez Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
9.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 29, 2006
Sold by
Ldl Builders On Union Ii Llc
Bought by
Union Street Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,000
Interest Rate
8.25%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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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
Field Growth Inc $269,850 Title 365
U S Bank National Association -- Attorney
Iniguez Maricela $400,000 Stewart Title Of Illinois
Union Street Development Llc $800,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iniguez Maricela $360,000
Previous Owner Union Street Development Llc $1,070,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2016 05/10/16 Sold $269,850 -10.1% $137 / Sq Ft
02/25/2016 02/25/16 For Sale $300,000 -- $152 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,373 $60,600 $4,531 $56,069
2023 $6,212 $30,204 $2,878 $27,326
2022 $6,212 $30,204 $2,878 $27,326
2021 $6,074 $30,203 $2,878 $27,325
2020 $5,379 $24,146 $2,878 $21,268
2019 $5,422 $26,985 $2,878 $24,107
2018 $5,330 $26,985 $2,878 $24,107
2017 $5,519 $25,636 $2,510 $23,126
2016 $5,985 $29,880 $2,510 $27,370
2015 $5,475 $29,880 $2,510 $27,370
2014 $4,883 $26,316 $2,204 $24,112
2013 $4,786 $26,316 $2,204 $24,112
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Timothy Blomquist

    Key Realty, Inc.

  • N

    Buyer's Agent in 2016

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09149295

Midwest Real Estate Data (MRED)

APN: 17-21-300-036-1002

Illinois Cook County Chicago 60607 East Pilsen

1612 S Union Ave Unit 2, Chicago, IL

This home is located at 1612 S Union Ave Unit 2, Chicago, IL 60616 since 25 February 2016 and is currently estimated at $480,996, approximately $243 per square foot. 1612 S Union Ave Unit 2 is a home located in Cook County with nearby schools including Walsh Elementary School, Juarez Community Academy High School, and Perspectives Chtr - Joslin Campus.

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