NOT LISTED FOR SALE

1616 N Western Ave Unit 16163C Chicago, IL 60647

Wicker Park Neighborhood

Estimated Value: $410,000 - $476,000

2 Beds
2 Baths
1,305 Sq Ft
$346/Sq Ft Est. Value

About This Home

This home is located at 1616 N Western Ave Unit 16163C, Chicago, IL 60647 and is currently estimated at $451,476, approximately $345 per square foot. 1616 N Western Ave Unit 16163C is a home located in Cook County with nearby schools including Moos Elementary School, Clemente Community Academy High School, and Erie Elementary Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2021
Sold by
Krusi Investments Llc
Bought by
Avenue Management Llc
Current Estimated Value
$451,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,310,000
Outstanding Balance
$497,227
Interest Rate
3.75%
Mortgage Type
Commercial
Estimated Equity
-$45,751

Purchase Details

Closed on
Sep 15, 2014
Sold by
1616 N Western Avenue Llc
Bought by
Krusi Investments Llc
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.

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ICE

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First American

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Quantarium

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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
Avenue Management Llc $3,300,000 Stewart Title
Krusi Investments Llc $2,526,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avenue Management Llc $2,310,000
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 $7,714 $31,218 $5,434 $25,784
2023 $4,515 $35,461 $2,426 $33,035
2022 $4,515 $21,352 $2,426 $18,926
2021 $8,280 $40,059 $2,426 $37,633
2020 $3,563 $15,515 $2,426 $13,089
2019 $3,214 $15,515 $2,426 $13,089
2018 $3,161 $15,515 $2,426 $13,089
2017 $3,550 $15,959 $2,183 $13,776
2016 $3,316 $15,959 $2,183 $13,776
2015 $7,610 $39,951 $2,183 $37,768
2014 $4,575 $23,683 $1,965 $21,718
2013 $2,436 $12,824 $1,965 $10,859
Source: Public Records

Map

Illinois Cook County Chicago 60647 Wicker Park

1616 N Western Ave Unit 16163C, Chicago, IL

Not Listed for Sale

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