NOT LISTED FOR SALE

1618 W Devon Ave Chicago, IL 60660

Rogers Park Neighborhood

Estimated Value: $837,772

-- Bed
-- Bath
-- Sq Ft
6,360 Sq Ft Lot

Last Sold May 12, 2021

Last sale price $655,000

Est. 28% increase in value since last sale

Current estimated payment $5,232/month

118 Days on Market

About This Home

As of May 2021

NOT FOR PROFIT ORGANISATION EXISTING FOR MANY YEARS MOVING TO A DIFFERENT LOCATION. OPEN SPAM WITH OVER 200 PEOPLE CAPACITY IN THE MAIN HALL, PLUS COMPLETE KITCHEN, BATHROOMS, OFFICE, THREE BEDROOM APARTMENT ON THE SECOND FLOOR. CENTRAL HEAT AND CENTRAL AIR CONDITION. GREAT LOCATION FOR CHURCH, RETAIL BUSINESS, DEVELOPMENT INTO MULTIPLE UNITS CONDOS.

Last Agent to Sell the Property

Ashur Sargon

A.D.S. Realty Co. License #471009067 Listed on: 09/02/2020

Last Buyer's Agent

Mark Keppy

Baird & Warner License #475119708

Baird & Warner

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $34,007

Year Built

  • 1920

Lot Details

  • 6,360

Home Design

  • Brick Exterior Construction

Utilities

  • Zoned Heating and Cooling

Property Details

Property Type

Other

Est. Annual Taxes

$34,007

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Instut/To Develop
  • Built Before 1978 (Y/N): Yes
  • Current Use: Commercial
  • Potential Use: Commercial
  • Estimated Age: Older
  • Net Operating Income Year: 2019
  • Property Offered: For Sale Only
  • Number Of Stories: 2
  • Estimated Year Built: 1920
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2
  • Year Built: 1920

Exterior Features

  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Utilities

  • Air Conditioner: Central Air, Zoned
  • Heatventilation: Ceiling Units, Forced Air, Gas

Fee Information

  • Electrical Service: Circuit Breakers, 201-600 Amps

Lot Info

  • Lot Dimensions: 50X125
  • Lot Sq Ft: 6250
  • Parcel Identification Number: 11314200110000

Multi Family

  • Expense Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
May 12, 2021
Sold by
Chicago Title Land Trust Company
Bought by
Wazobia Banquet & Event Hall Llc
Seller's Agent
Ashur Sargon
A.D.S. Realty Co.
Buyer's Agent
Mark Keppy
Baird & Warner
List Price
$975,000
Sold Price
$655,000
Premium/Discount to List
-$320,000
-32.82%
Current Estimated Value
$837,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,772
Avg. Annual Appreciation
5.67%
Original Mortgage
$325,000
Outstanding Balance
$294,071
Interest Rate
3%
Mortgage Type
Small Business Administration
Estimated Equity
$543,701
Source: Public Records

Range of Values:

Collateral Analytics

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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
Wazobia Banquet & Event Hall Llc $655,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wazobia Banquet & Event Hall Llc $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Sold $655,000 -12.7% --
12/29/2020 12/29/20 Pending -- -- --
11/27/2020 11/27/20 Price Changed $750,000 -16.6% --
09/25/2020 09/25/20 Price Changed $899,000 -7.8% --
09/02/2020 09/02/20 For Sale $975,000 -- --
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 $34,007 $206,750 $26,440 $180,310
2023 -- $161,177 $26,440 $134,737
2022 -- -- -- --
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Ashur Sargon

    A.D.S. Realty Co.

    (847) 529-8222

    2 in this area

    42 Total Sales

    Ashur Sargon
    Section Image
  • Mark Keppy

    Buyer's Agent in 2021

    Mark Keppy

    Baird & Warner

    (773) 301-6332

    69 in this area

    221 Total Sales

    Mark Keppy
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10844480

Midwest Real Estate Data (MRED)

APN: 11-31-420-011-0000

Illinois Cook County Chicago 60626 Rogers Park

1618 W Devon Ave, Chicago, IL

This home is located at 1618 W Devon Ave, Chicago, IL 60660 since 02 September 2020 and is currently estimated at $837,772. This property was built in 1920. 1618 W Devon Ave is a home located in Cook County with nearby schools including Kilmer Elementary School, Senn High School, and Northside Catholic Academy.

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