NOT LISTED FOR SALE

2216 W Potomac Ave Unit 2216 Chicago, IL 60622

Wicker Park Neighborhood

Estimated Value: $678,046 - $845,000

2 Beds
3 Baths
2,350 Sq Ft
$328/Sq Ft Est. Value

About This Home

2300 SqFt 4-Level Townhome for Rent in Fabulous Wicker Park. What a great value for this HUGE space! The slate-tiled foyer, with a coat rack that stretches to the ceiling, ushers you into the wide-open family room with cathedral ceilings. The main level boasts hardwood floors, powder room and a fireplace with unique, copper inlay wall above with built-in shelving on both sides. The continuous floor-plan leads into a dining area followed by the kitchen with a peninsula breakfast bar. You will find stackable laundry and a large pantry conveniently tucked away in the rear of the kitchen. A steel and wood floating stairwell leads up to the grand hall gallery and 2nd level amenities. The primary bedroom is extra large with a wall of closets, an office nook, room for a chaise lounge and your own private balcony. A 2nd bedroom on this level shares a luxurious bathroom with dual vanity and a walk-in rain shower. Take the circular staircase to the bright & airy loft with brand new hardwood flooring and access to the rooftop deck. The lower level is accessed via custom designed ladder. The huge family room or en-suite 3rd bedroom has new carpeting, a walk-in closet, a full bath and additional storage. Ample street parking and walk in any direction to eat, drink and be merry! 1-block to the Division Ave restaurant/retail corridor. 1-block to bustling Western Ave. A very walkable 4-blocks to the Damen Blue Line, Wicker Park and the famous North-Milwaukee-Damen intersections which lead to the stellar shopping, dining and entertainment venues in the neighborhood. Welcome home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2022
Sold by
Chol Soo
Bought by
Mcavena Michael C and Choi Soohyun
Current Estimated Value
$771,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,500
Outstanding Balance
$219,330
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$537,524

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 22, 2020
Sold by
Choi Soo and Choi Ka Soon
Bought by
Choi Soo
Seller's Agent
Caroline Boskovic
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Caroline Boskovic
Berkshire Hathaway HomeServices Chicago
Sold Price
$2,700

Purchase Details

Closed on
Feb 6, 2009
Sold by
Choi Soo and Choi Kosoon
Bought by
Choi Soo and Choi Ka Soon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 2004
Sold by
Bregman Howard
Bought by
Choi Soo and Choi Kosoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 1998
Sold by
Lee Lawrence and Stelle Jerry
Bought by
Bregman Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
7.19%

Purchase Details

Closed on
May 28, 1996
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Lee Lawrence and Steele Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
8.05%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mcavena Michael C -- Fidelity National Title
Choi Soo -- Gmt Title Agency
Choi Soo -- Chicago Title Insurance Co
Choi Soo $367,000 First American
Bregman Howard $235,000 Chicago Title Insurance Co
Lee Lawrence $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcavena Michael C $226,500
Closed Mcavena Michael C $226,500
Previous Owner Choi Soo $255,000
Previous Owner Choi Soo $350,000
Previous Owner Choi Soo $0
Previous Owner Choi Ka Soon $110,000
Previous Owner Choi Ka Soon $70,000
Previous Owner Choi Soo $272,000
Previous Owner Bregman Howard $217,000
Previous Owner Bregman Howard $206,100
Previous Owner Bregman Howard $197,000
Previous Owner Bregman Howard $197,400
Previous Owner Bregman Howard $197,400
Previous Owner Bregman Howard $188,000
Previous Owner Bregman Howard $211,500
Previous Owner Lee Lawrence $166,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2020 11/01/20 Rented $2,700 +8.0% --
09/29/2020 09/29/20 Price Changed $2,500 -10.7% $1 / Sq Ft
09/15/2020 09/15/20 Price Changed $2,800 -11.1% $1 / Sq Ft
09/03/2020 09/03/20 Price Changed $3,150 -10.0% $1 / Sq Ft
08/12/2020 08/12/20 For Rent $3,500 -- --

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 $11,792 $72,830 $9,365 $63,465
2023 $11,792 $60,753 $4,283 $56,470
2022 $11,792 $60,753 $4,283 $56,470
2021 $11,547 $60,751 $4,282 $56,469
2020 $11,506 $54,753 $4,282 $50,471
2019 $11,260 $59,473 $4,282 $55,191
2018 $11,069 $59,473 $4,282 $55,191
2017 $11,006 $54,504 $3,765 $50,739
2016 $11,654 $60,683 $3,765 $56,918
2015 $10,639 $60,683 $3,765 $56,918
2014 $6,233 $36,165 $3,341 $32,824
2013 $6,099 $36,165 $3,341 $32,824
Source: Public Records

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