NOT LISTED FOR SALE

1625 S Blue Island Ave Unit 1 Chicago, IL 60608

Pilsen Neighborhood

Estimated Value: $535,198 - $597,000

2 Beds
2 Baths
1,500 Sq Ft
$380/Sq Ft Est. Value

Highlights

  • Central Air
  • East or West Exposure
  • 4-minute walk to Throop Park

About This Home

As of April 2018

Come take a look at this drop dead gorgeous Pilsen apartment. This beauty was rehabbed last year and offers plenty of living room space to entertain, and plenty of natural light. Parking is also included in the rent. An absolute must see before it's gone! *$500 move-in fee in lieu of a security deposit

Last Agent to Rent the Property

Nathaniel Anderson

Compass License #475174968 Listed on: 03/19/2018

Compass

Last Renter's Agent

Nathaniel Anderson

Compass License #475174968 Listed on: 03/19/2018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,862

Year Built

  • 1890

Lot Details

  • East or West Exposure

Home Design

  • Vinyl Siding

Parking

  • Parking Available
  • Parking Included in Price
  • Unassigned Parking

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,862

Year Built

1890

Lot Details

0

Rental Info

  • Available: 05/01/2018
  • Monthly Lot Rental Included: Water, Parking

Listing Details

  • Property Type: Residential Rental
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: U
  • Type Attached: Low Rise (1-3 Stories)
  • Type Of Rental Property: Attached
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built (Public Record): 1890

Interior Features

  • Number Of Rooms: 2
  • Bedrooms All Levels: 2
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 7X11
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 7X11
  • Above Grade Bedrooms: 2
  • Additional Rooms: No additional rooms
  • Estimated Sq Ft: 1500

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Unassigned
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Pet Information: No Pets

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X100

Multi Family

  • Total Number Unitsin Building: 1
  • Number Stories: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
1625 Blue Island Llc
Bought by
Mckelvey Daniel J Joseph
Current Estimated Value
$569,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Outstanding Balance
$406,313
Interest Rate
2.62%
Mortgage Type
FHA
Estimated Equity
$164,524

Purchase Details

Closed on
Jan 22, 2020
Sold by
Dmc Irrevocable Llc
Bought by
1625 Blue Island Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
8.25%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 19, 2018
Closed on
Feb 6, 2018
Sold by
3101 W Leland Llc
Bought by
Dmc Irrevocable Llc
Seller's Agent
Nathaniel Anderson
Compass
Buyer's Agent
Nathaniel Anderson
Compass
Sold Price
$2,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
1.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2016
Sold by
Arroyo Gloria
Bought by
3101 W Leland Llc

Purchase Details

Closed on
Feb 25, 2001
Sold by
Williams David and Arroyo Dora
Bought by
Arroyo Gloria and Trust #B11625

Purchase Details

Closed on
Aug 10, 2000
Sold by
Lazalde Julio and Lazalde Maria L
Bought by
Castaneda Manuel and Arroyo Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 1996
Sold by
Midwest Real Estate Investment Company
Bought by
Lazalde Julio and Lazalde Maria Luisa
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
Mckelvey Daniel J Joseph $450,000 Chicago Title
1625 Blue Island Llc -- Fidelity National Title
Dmc Irrevocable Llc $440,000 First American Title Insuran
3101 W Leland Llc $170,000 Greater Illinois Title
Arroyo Gloria -- --
Castaneda Manuel $78,000 Chicago Title Insurance Co
Lazalde Julio $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckelvey Daniel J Joseph $441,849
Previous Owner 1625 Blue Island Llc $442,000
Previous Owner Dmc Irrevocable Llc $396,000
Previous Owner 3101 W Leland Llc $310,000
Previous Owner Castaneda Manuel $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Rented $2,000 0.0% --
03/19/2018 03/19/18 For Rent $2,000 0.0% --
05/15/2017 05/15/17 Rented $2,000 0.0% --
04/18/2017 04/18/17 Under Contract -- -- --
03/24/2017 03/24/17 Price Changed $2,000 -9.1% $1 / Sq Ft
03/10/2017 03/10/17 For Rent $2,200 -- --
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 $8,862 $45,000 $8,880 $36,120
2023 $8,639 $42,000 $7,200 $34,800
2022 $8,639 $42,000 $7,200 $34,800
2021 $8,446 $42,000 $7,200 $34,800
2020 $6,382 $28,647 $5,640 $23,007
2019 $6,616 $32,928 $5,640 $27,288
2018 $6,504 $32,928 $5,640 $27,288
2017 $4,926 $22,884 $4,920 $17,964
2016 $4,583 $22,884 $4,920 $17,964
2015 $4,193 $22,884 $4,920 $17,964
2014 $3,863 $20,820 $4,320 $16,500
2013 $3,787 $20,820 $4,320 $16,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09889238

Midwest Real Estate Data (MRED)

APN: 17-20-305-011-0000