NOT LISTED FOR SALE

1616 N Western Ave Unit 3A Chicago, IL 60647

Wicker Park Neighborhood

Estimated Value: $420,000 - $496,000

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

Highlights

  • Deck
  • Whirlpool Bathtub
  • Stainless Steel Appliances
  • Wood Flooring
  • End Unit
  • 4-minute walk to Maplewood Park

About This Home

As of June 2020

AVAILABLE JULY 1 - 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! PET FRIENDLY. $20/mo bundled service fee. NO SECURITY DEPOSIT, ONE-TIME NONREFUNDABLE MOVE-IN FEE! SOLID CREDIT, VERIFIABLE INCOME APPROX $106,000/YEAR (COMBINED), CLEAN BACKGROUNDS. USE OUR $50 APP TO APPLY.

Last Agent to Rent the Property

Ashley Bogert

Westward360 RM License #471021603 Listed on: 06/08/2020

Last Renter's Agent

Kimberly Saydak

Baird & Warner License #475136010

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,075

Year Built

  • 2007

Lot Details

  • Southern Exposure
  • East or West Exposure

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • Elevator
  • Gas Log Fireplace
  • Storage
  • Wood Flooring
  • Storm Screens

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Location

  • City Lot

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,075

Year Built

2007

Lot Details

0

Parking

1

Rental Info

  • Available: 07/01/2020
  • Fees Approvals: Credit Report, Move-in Fee
  • Lease Terms: 1 Year Lease
  • Monthly Lot Rental Included: Water, Parking, Scavenger, Storage Lockers

Listing Details

  • Property Type: Residential Rental
  • Unit Floor Level: 3
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2007
  • Type Attached: Flat, Low Rise (1-3 Stories)
  • Type Of Rental Property: Attached
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 2007

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 5
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Equipment: Intercom
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 16X13
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 13X12
  • Second Bedroom Flooring: Hardwood
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 2
  • Living Room Level: Main Level
  • Living Room Size: 32X16
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: 10X15
  • Dining Room Flooring: Hardwood
  • Kitchen Level: Main Level
  • Kitchen Size: 18X10
  • Kitchen Flooring: Hardwood
  • Laundry Level: Main Level
  • Laundry Size: 8X6
  • Additional Rooms: Balcony
  • Additional Room 1 Name: Balcony
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 45X5

Exterior Features

  • Exterior Building Type: Brick, Block
  • Exterior Property Features: Balcony, Deck, Storms/Screens, End Unit
  • Exposure: S (South), E (East), City

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • 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

Condo/Co-op/Association

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

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 75X109

Multi Family

  • Number Stories: 3

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
$460,684

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
-$36,543

Purchase Details

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

Purchase Details

Closed on
Dec 14, 2011
Sold by
Marino Andrea L
Bought by
1616 N Western Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,800
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2006
Sold by
1616 N Western Llc
Bought by
Marino Andrea L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1616 N Western Llc $154,000 Gmt
Marino Andrea L $390,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avenue Management Llc $2,310,000
Previous Owner 1616 N Western Llc $107,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2020 06/17/20 Rented $2,650 0.0% --
06/16/2020 06/16/20 Under Contract -- -- --
06/08/2020 06/08/20 For Rent $2,650 +3.9% --
03/06/2017 03/06/17 Rented $2,550 0.0% --
02/22/2017 02/22/17 Under Contract -- -- --
02/16/2017 02/16/17 For Rent $2,550 -- --
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 $8,075 $33,313 $5,799 $27,514
2023 $4,731 $37,123 $2,589 $34,534
2022 $4,731 $22,374 $2,589 $19,785
2021 $8,667 $41,928 $2,588 $39,340
2020 $3,802 $16,555 $2,588 $13,967
2019 $3,429 $16,555 $2,588 $13,967
2018 $3,373 $16,555 $2,588 $13,967
2017 $3,788 $17,029 $2,329 $14,700
2016 $3,538 $17,029 $2,329 $14,700
2015 $8,120 $42,631 $2,329 $40,302
2014 $4,882 $25,271 $2,096 $23,175
2013 $2,599 $13,683 $2,096 $11,587
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10741348

Midwest Real Estate Data (MRED)

APN: 13-36-432-049-1004