NOT LISTED FOR SALE

1622 N Sedgwick St Unit 2 Chicago, IL 60614

Old Town Neighborhood

Estimated Value: $947,000 - $1,520,000

3 Beds
2 Baths
2,300 Sq Ft
$564/Sq Ft Est. Value

Highlights

  • Living Room with Fireplace
  • 2-minute walk to Sedgwick Station
  • 4-minute walk to Hudson Chess Park
  • Abraham Lincoln Elementary School Rated A-
  • Detached Garage

About This Home

As of December 2021

Neighborhood is rated a walker's paradise (97/100), Biker's paradise (92/100), and has a transit score of 85 out of 100, as it is all within walking and biking distance of North Avenue Beach, Lincoln Park Zoo, Lincoln Park Conservatory, Lakefront Bike Trail, Trendy Restaurants, Michigan Avenue Shopping, Second City Comedy Theater, Division Street Bars, Rush Street Dining, and all surrounded by lots of Public Transportation.

Last Agent to Rent the Property

Sara Superfine

Berkshire Hathaway HomeServices Chicago License #475123596 Listed on: 10/20/2021

Berkshire Hathaway HomeServices Chicago

Last Renter's Agent

Ryan Mosele

Hudson Burnham Real Estate License #475179234

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,097

Year Built | Renovated

  • 1886 | 2018

Lot Details

  • 1,742

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Property Attached

Interior Spaces

  • Living Room with Fireplace
  • Combination Dining and Living Room

Community Details

Overview

  • 2 Units
  • Low-Rise Condominium

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,097

Year Built | Renovated

1886 | 2018

Lot Details

0

Parking

1

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 4200
  • Security Deposit: 1 MO
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Refundable Damage Deposit
  • Furnished Rent Rate: 4200
  • Available Date: 2021-11-01

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Low Rise (1-3 Stories)
  • Property Sub Type: Attached
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Unit
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Unit Floor Level: 2
  • Rehab Year: 2018
  • Rebuilt Year: 2016
  • Directions: Sedgwick between North Ave and Eugenie
  • Lot Size: 20X81
  • Special Features: None
  • Year Built: 1886
  • Year Renovated: 2018

Interior Features

  • Has Basement: None
  • Fireplace Features: Wood Burning
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Furnished: Yes
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • Dining Room Type: No additional rooms
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony
  • Exterior Building Type: Cedar,Frame
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: No
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • HOA Rent Includes: Water, Parking, Scavenger, Internet

Schools

  • High School: Lincoln Park High School
  • Junior High Dist: 299

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2019
Sold by
Mamic Zeljko
Bought by
The Zeljko Mamic Living Trust
Current Estimated Value
$1,296,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Outstanding Balance
$88,476
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,167,026

Purchase Details

Closed on
Jun 9, 1997
Sold by
Mamic Zeljko and Fitszimmons Robert G
Bought by
Mamic Zeljko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
10.5%

Purchase Details

Closed on
Apr 28, 1997
Sold by
Avanzado Maria Victoria
Bought by
Mamic Zeljko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
10.5%

Purchase Details

Closed on
Dec 21, 1995
Sold by
Lasalle National Trust Na
Bought by
Mamic Zeljko and Avanzado Maria Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,479
Interest Rate
7.24%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
The Zeljko Mamic Living Trust -- None Available
Mamic Zeljko -- --
Mamic Zeljko -- --
Mamic Zeljko $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mamic Zeljko $99,900
Open Mamic Zeljko $375,000
Closed Mamic Zeljko $120,000
Closed Mamic Zeljko $30,000
Closed Mamic Zeljko $448,500
Closed Mamic Zeljko $351,950
Closed Mamic Zeljko $60,000
Closed Manic Zeljko $344,500
Closed Mamic Zeljko $301,000
Previous Owner Mamic Zeljko $194,479
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Off Market $3,950 -- --
10/02/2024 10/02/24 For Rent $3,950 -6.0% --
12/15/2021 12/15/21 Rented -- -- --
12/09/2021 12/09/21 Under Contract -- -- --
10/20/2021 10/20/21 For Rent $4,200 -- --
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 $17,097 $115,001 $26,676 $88,325
2023 $10,309 $87,001 $21,513 $65,488
2022 $10,309 $87,001 $21,513 $65,488
2021 $9,814 $86,999 $21,512 $65,487
2020 $16,036 $77,567 $18,931 $58,636
2019 $15,699 $84,312 $18,931 $65,381
2018 $9,944 $84,312 $18,931 $65,381
2017 $10,647 $90,202 $15,489 $74,713
2016 $10,899 $90,202 $15,489 $74,713
2015 $10,475 $90,202 $15,489 $74,713
2014 $10,385 $61,807 $12,047 $49,760
2013 $10,421 $61,807 $12,047 $49,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11251330

Midwest Real Estate Data (MRED)

APN: 14-33-331-070-0000