NOT LISTED FOR SALE

1616 N Western Ave Unit 3B Chicago, IL 60647

Wicker Park Neighborhood

Estimated Value: $369,384 - $520,000

1 Bed
2 Baths
-- Sq Ft
8,059 Sq Ft Lot

Highlights

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

About This Home

As of February 2021

AVAILABLE ASAP - MUST SEE! HUGE 1 BED/ 1.5 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 OPEN UNIT FEATURES: HARDWOOD FLOORS THROUGH LIVING ROOM AND KITCHEN, OPEN CONCEPT FLOORPLAN, STAINLESS STEEL APPLIANCES (INCLUDING DISHWASHER AND GAS STOVE), LARGE WALK-IN CLOSET IN BEDROOM, FIREPLACE, PRIVATE BALCONY, IN-UNIT LAUNDRY, AND TONS OF NATURAL LIGHT. GARAGE PARKING SPACE INCLUDED! $30/mo bundled service fee. NO SECURITY DEPOSIT, ONE-TIME NONREFUNDABLE MOVE-IN FEE! SOLID CREDIT, VERIFIABLE INCOME APPROX $78,000/YEAR (COMBINED), CLEAN BACKGROUNDS. USE OUR $60 APP TO APPLY. 14+ MONTH LEASE TERM.

Last Agent to Rent the Property

Ashley Bogert

Westward360 RM License #471021603 Listed on: 12/16/2020

Last Renter's Agent

Will Scott

@properties Christie?s International Real Estate License #475185935

@properties Christie?s International Real Estate

Condo Details

Home Type

  • Condominium

Year Built

  • 2004

Lot Details

  • 8,059

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

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

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Condo Details

Home Type

Condominium

Year Built

2004

Lot Details

0

Parking

1

Rental Info

  • Available: 12/16/2020
  • Monthly Lot Rental Included: Water, Scavenger, Storage Lockers

Listing Details

  • Property Type: Residential Rental
  • General Information: Non-Smoking Building
  • Unit Floor Level: 3
  • Age: 16-20 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Total Full or Half Bathrooms: 1.1
  • Estimated Year Built: 2004
  • Type Attached: Mid Rise (4-6 Stories)
  • Type Of Rental Property: Attached
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 2004

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 4
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Intercom
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 1
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X22
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 1
  • Living Room Level: Main Level
  • Living Room Size: 15X21
  • Living Room Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: COMBO
  • Dining Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar
  • Kitchen Level: Main Level
  • Kitchen Size: 11X13
  • Kitchen Flooring: Hardwood
  • Additional Rooms: No additional rooms

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Storms/Screens

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
  • Management: Manager Off-site
  • Pet Information: Cats OK, Deposit Required, Dogs OK, Pet Count Limitation
  • 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

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
$459,846

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
-$37,381

Purchase Details

Closed on
Sep 9, 2014
Sold by
Castillo Alex M
Bought by
Krusi Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2007
Sold by
1616 N Western Llc
Bought by
Castillo Alex M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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 $284,000 Git
Castillo Alex M $310,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avenue Management Llc $2,310,000
Previous Owner Krusi Investments Llc $1,400,000
Previous Owner Castillo Alex M $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Rented $1,800 0.0% --
02/24/2021 02/24/21 Under Contract -- -- --
02/03/2021 02/03/21 Price Changed $1,800 -2.7% --
01/13/2021 01/13/21 Price Changed $1,850 -5.1% --
12/16/2020 12/16/20 For Rent $1,950 -- --
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 $6,241 $25,605 $4,457 $21,148
2023 $3,655 $28,692 $1,990 $26,702
2022 $3,655 $17,288 $1,990 $15,298
2021 $6,699 $32,407 $1,989 $30,418
2020 $2,922 $12,724 $1,989 $10,735
2019 $2,636 $12,724 $1,989 $10,735
2018 $2,593 $12,724 $1,989 $10,735
2017 $2,912 $13,089 $1,790 $11,299
2016 $2,720 $13,089 $1,790 $11,299
2015 $6,242 $32,768 $1,790 $30,978
2014 $3,454 $20,446 $1,611 $18,835
2013 $3,385 $20,446 $1,611 $18,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10954793

Midwest Real Estate Data (MRED)

APN: 13-36-432-049-1005