NOT LISTED FOR SALE

1616 N Western Ave Unit 2A Chicago, IL 60647

Wicker Park Neighborhood

Estimated Value: $473,196 - $1,290,000

2 Beds
2 Baths
-- Sq Ft
8,059 Sq Ft Lot

Highlights

  • Deck
  • Balcony
  • Storage
  • Wood Flooring
  • Attached Garage
  • 4-minute walk to Maplewood Park

About This Home

As of April 2020

MUST SEE! SUNFILLED, 2 BED/ 2 BATH IN THE HEART OF WICKER PARK! STEPS FROM HANDLEBAR AND HALF A MILE TO PIECE BREWERY, BIG STAR, DOVE'S LUNCHEONETTE, AND MORE! THIS HUGE UNIT FEATURES: HARDWOOD FLOORS THROUGHOUT, OPEN CONCEPT FLOORPLAN, STAINLESS STEEL APPLIANCES (INCLUDING DISHWASHER AND GAS STOVE), LARGE CLOSETS IN EVERY ROOM, FIREPLACE, WRAP-AROUND PRIVATE BALCONY, IN-UNIT LAUNDRY, AND TONS OF NATURAL LIGHT. GARAGE PARKING SPACE INCLUDED! $20/mo bundled service fee.

Last Agent to Rent the Property

Ashley Bogert

Westward360 RM License #471021603 Listed on: 04/08/2020

Last Renter's Agent

Katherine Meyers

Compass License #475171873

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 2004

Lot Details

  • Southern Exposure
  • East or West Exposure

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Elevator
  • Attached Fireplace Door
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near a bus stop

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Year Built

2004

Lot Details

0

Parking

1

Rental Info

  • Available: 05/01/2020
  • Monthly Lot Rental Included: Water, Scavenger

Listing Details

  • Property Type: Residential Rental
  • General Information: Commuter Bus, Commuter Train
  • Unit Floor Level: 2
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2004
  • Type Attached: Mid Rise (4-6 Stories)
  • Type Of Rental Property: Attached
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4
  • Year Built: 2004

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, 2nd Floor Laundry, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace Details: Attached Fireplace Doors/Screen, Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 16X13
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 13X12
  • Second Bedroom Flooring: Hardwood
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Living Room Level: Main Level
  • Living Room Size: 32X16
  • Living Room Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: 10X15
  • Dining Room Flooring: Hardwood
  • Kitchen Type: Island
  • Kitchen Level: Main Level
  • Kitchen Size: 18X10
  • Kitchen Flooring: Hardwood
  • Laundry Level: Main Level
  • Laundry Size: 6X8
  • Laundry Flooring: Ceramic Tile
  • Additional Rooms: No additional rooms

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Deck
  • Exposure: S (South), E (East)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Pet Information: Cats OK, Deposit Required, Dogs OK
  • Common Area Amenities: Elevator, Storage, Sundeck

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 4

Matterport 3D Tour

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
$717,799

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
$220,572

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

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

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2020 04/21/20 Rented $2,550 -1.9% --
04/08/2020 04/08/20 For Rent $2,600 0.0% --
04/03/2018 04/03/18 Under Contract -- -- --
04/01/2018 04/01/18 Rented $2,600 0.0% --
03/22/2018 03/22/18 For Rent $2,600 -1.9% --
04/01/2016 04/01/16 Rented $2,650 0.0% --
03/26/2016 03/26/16 Under Contract -- -- --
03/24/2016 03/24/16 For Rent $2,650 -- --
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 $7,897 $32,020 $5,574 $26,446
2023 $4,623 $36,303 $2,488 $33,815
2022 $4,623 $21,861 $2,488 $19,373
2021 $8,477 $41,008 $2,488 $38,520
2020 $3,655 $15,913 $2,488 $13,425
2019 $3,296 $15,913 $2,488 $13,425
2018 $3,242 $15,913 $2,488 $13,425
2017 $3,641 $16,369 $2,239 $14,130
2016 $3,401 $16,369 $2,239 $14,130
2015 $7,805 $40,977 $2,239 $38,738
2014 $4,693 $24,290 $2,015 $22,275
2013 $3,205 $16,872 $2,015 $14,857
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10688046

Midwest Real Estate Data (MRED)

APN: 13-36-432-049-1001