1709 W Chicago Ave Chicago, IL 60622
West Town NeighborhoodEstimated Value: $2,485,374
2
Beds
2
Baths
--
Sq Ft
7,928
Sq Ft Lot
About This Home
This home is located at 1709 W Chicago Ave, Chicago, IL 60622 and is currently estimated at $2,485,374. 1709 W Chicago Ave is a home located in Cook County with nearby schools including Talcott Elementary School, Wells Community Academy High School, and Alphonsus Academy & Center for the Arts.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 16, 2016
Sold by
Michael Jeffrey E and Cohen Lehigh
Bought by
Rgbw Ventures 1709 Llx
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,129,555
Interest Rate
5.75%
Mortgage Type
Commercial
Estimated Equity
$1,355,819
Purchase Details
Closed on
Jan 1, 2016
Sold by
1709 W Chicago Llc
Bought by
Michael Jeffrey E and Cohen Lehigh
Purchase Details
Closed on
Aug 28, 2014
Sold by
1709 W Chicago Llc
Bought by
1709 Chicago Venture Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
4.11%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 24, 2008
Sold by
Chung Kwang Chuk and Chung Michael V
Bought by
1709 W Chicago Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,004,000
Interest Rate
7.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 28, 2003
Sold by
Cole Taylor Bank
Bought by
Chung Kwang Chuck and Chung Michael V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.25%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rgbw Ventures 1709 Llx | $1,800,000 | Chicago Title | |
| Michael Jeffrey E | -- | Attorney | |
| 1709 Chicago Venture Llc | $1,400,000 | None Available | |
| 1709 W Chicago Llc | $1,255,000 | Chicago Title Insurance Co | |
| Chung Kwang Chuck | $750,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rgbw Ventures 1709 Llx | $1,350,000 | |
| Previous Owner | 1709 Chicago Venture Llc | $1,050,000 | |
| Previous Owner | 1709 W Chicago Llc | $1,004,000 | |
| Previous Owner | Chung Kwang Chuck | $525,000 |
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 |
|---|---|---|---|---|
| 2025 | $130,249 | $460,251 | $99,063 | $361,188 |
| 2024 | $130,249 | $460,251 | $99,063 | $361,188 |
| 2023 | $126,561 | $590,962 | $39,625 | $551,337 |
| 2022 | $126,561 | $590,962 | $39,625 | $551,337 |
| 2021 | $123,699 | $590,962 | $39,625 | $551,337 |
| 2020 | $107,959 | $462,155 | $39,625 | $422,530 |
| 2019 | $110,189 | $523,157 | $39,625 | $483,532 |
| 2018 | $58,190 | $280,529 | $39,625 | $240,904 |
| 2017 | $31,699 | $139,734 | $33,681 | $106,053 |
| 2016 | $44,318 | $209,848 | $33,681 | $176,167 |
| 2015 | $40,845 | $209,848 | $33,681 | $176,167 |
| 2014 | $17,303 | $87,561 | $33,681 | $53,880 |
| 2013 | $23,363 | $120,190 | $33,681 | $86,509 |
Source: Public Records
Map
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