NOT LISTED FOR SALE

1616 N Western Ave Unit 4A Chicago, IL 60647

Wicker Park Neighborhood

Estimated Value: $565,000 - $716,000

3 Beds
3 Baths
1,900 Sq Ft
$334/Sq Ft Est. Value

Highlights

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

About This Home

As of May 2020

PLEASE EMAIL FOR FASTEST, MOST THOROUGH RESPONSE MUST SEE! SUNFILLED, 3 BED/ 2.5 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 SPRAWLING UNIT FEATURES: HARDWOOD FLOORS THROUGHOUT, OPEN CONCEPT FLOORPLAN, STAINLESS STEEL APPLIANCES (INCLUDING DISHWASHER AND GAS STOVE), LARGE CLOSETS IN EVERY ROOM, FIREPLACE, PRIVATE WRAPAROUND BALCONY, IN-UNIT LAUNDRY, AND TONS OF NATURAL LIGHT. NO SECURITY DEPOSIT, ONE-TIME NONREFUNDABLE MOVE-IN FEE! SOLID CREDIT, VERIFIABLE INCOME APPROX $118,000/YEAR (COMBINED), CLEAN BACKGROUNDS. USE OUR $50 APP TO APPLY. $20/mo bundled service fee.

Last Agent to Rent the Property

Ashley Bogert

Westward360 RM License #471021603 Listed on: 05/21/2020

Last Renter's Agent

Ashley Bogert

Westward360 RM License #471021603 Listed on: 05/21/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,728

Year Built

  • 2004

Lot Details

  • 8,059

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • Elevator
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Balcony
  • East or West Exposure

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,728

Year Built

2004

Lot Details

0

Parking

1

Rental Info

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

Listing Details

  • Property Type: Residential Rental
  • Unit Floor Level: 4
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Total Full or Half Bathrooms: 2.1
  • 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, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 15X13
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 12X12
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 15X14
  • Third Bedroom Flooring: Carpet
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 3
  • Living Room Level: Main Level
  • Living Room Size: 31X23
  • 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, Island
  • Kitchen Level: Main Level
  • Kitchen Size: 15X20
  • Kitchen Flooring: Hardwood
  • Additional Rooms: No additional rooms

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Block
  • Exterior Property Features: Balcony
  • Exposure: E (East), W (West)

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

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

Condo/Co-op/Association

  • Max Pet Weight: 100
  • Pets Allowed: Yes
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator

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
$634,821

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
$137,594

Purchase Details

Closed on
Sep 15, 2014
Sold by
Cong Lei
Bought by
Krusi Investments Llc

Purchase Details

Closed on
May 27, 2010
Sold by
Fannie Mae
Bought by
Cong Lei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,600
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2010
Sold by
Mandell Steven
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,600
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2006
Sold by
1616 N Western Llc
Bought by
Mandell Steven and Norrington Lee Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.49%
Mortgage Type
Stand Alone Second
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 $446,000 Git
Cong Lei $294,000 First American Title
Federal National Mortgage Association -- --
Mandell Steven $482,500 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avenue Management Llc $2,310,000
Previous Owner Cong Lei $264,600
Previous Owner Mandell Steven $72,000
Previous Owner Mandell Steven $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2020 05/26/20 Rented $2,950 0.0% --
05/21/2020 05/21/20 Under Contract -- -- --
05/21/2020 05/21/20 For Rent $2,950 -4.8% --
05/24/2017 05/24/17 Rented $3,100 -3.1% --
05/15/2017 05/15/17 Under Contract -- -- --
05/05/2017 05/05/17 Price Changed $3,200 -3.0% $2 / Sq Ft
04/24/2017 04/24/17 Price Changed $3,300 -2.9% $2 / Sq Ft
04/10/2017 04/10/17 For Rent $3,400 -- --
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 $9,728 $40,039 $6,970 $33,069
2023 $5,699 $44,720 $3,112 $41,608
2022 $5,699 $26,950 $3,112 $23,838
2021 $10,441 $50,510 $3,111 $47,399
2020 $4,570 $19,897 $3,111 $16,786
2019 $4,122 $19,897 $3,111 $16,786
2018 $4,054 $19,897 $3,111 $16,786
2017 $4,553 $20,468 $2,800 $17,668
2016 $4,253 $20,468 $2,800 $17,668
2015 $9,760 $51,238 $2,800 $48,438
2014 $5,132 $29,134 $2,520 $26,614
2013 $5,035 $29,134 $2,520 $26,614
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10721685

Midwest Real Estate Data (MRED)

APN: 13-36-432-049-1007