NOT LISTED FOR SALE

4601 N Western Ave Unit 2 Chicago, IL 60625

Ravenswood Neighborhood

Estimated Value: $2,544,092 - $4,069,000

2 Beds
1 Bath
900 Sq Ft
$3,674/Sq Ft Est. Value

Highlights

  • Central Air
  • 1-minute walk to Western Station (Brown Line)
  • Cats Allowed
  • Waters Elementary School Rated A-
  • Laundry Facilities
  • 5-minute walk to Welles Park

About This Home

As of October 2024

Very bright 2 bedrooms PLUS AN OFFICE / 1 bathroom in the heart of Lincoln Square. Hardwood floors throughout. Kitchen includes dishwasher. Central air & heat. Short walk to Lincoln square bars & restaurants. Only 2 blocks away from CTA brown line Western. A block away from Welles Park.

Last Agent to Rent the Property

Svetlana Kushnareva

SK Chicago Realty License #471020927 Listed on: 09/06/2024

Last Renter's Agent

Brian Joffe

Fulton Grace Realty License #475186981

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,293

Year Built

  • Built in 1925

Lot Details

  • 3,920

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 3-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 9/6/24
  • Rent includes water, scavenger, exterior maintenance, snow removal

Community Details

Pet Policy

  • Pet Deposit Required
  • Cats Allowed

Additional Features

  • Low-Rise Condominium
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,293

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Available Date: 2024-09-06
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1950

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Low Rise (1-3 Stories)
  • Property Sub-Type: Attached
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required
  • Rent Includes: Water, Scavenger, Exterior Maintenance, Snow Removal

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2018
Sold by
Western Wilson Llc
Bought by
Broadmoor Llc
Current Estimated Value
$3,306,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,436,736
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$869,810

Purchase Details

Closed on
Jun 8, 2018
Sold by
Western Wilson Llc
Bought by
Western Wilson Iii Llc and Western Wilson Ii Llc

Purchase Details

Closed on
May 23, 2013
Sold by
Chicago Title Land Trust Co
Bought by
Western/Wilson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 1996
Sold by
Cosmopolitan Bank & Trust
Bought by
Aetna Bank
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
Broadmoor Llc $1,750,000 First American Title
Western Wilson Iii Llc -- None Available
Western/Wilson Llc $1,219,000 None Available
Aetna Bank $234,000 --
Aetna Bank $234,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broadmoor Llc $2,800,000
Previous Owner Western/Wilson Llc $1,125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2024 10/03/24 Rented $1,950 0.0% --
09/30/2024 09/30/24 Under Contract -- -- --
09/19/2024 09/19/24 Price Changed $1,950 -7.1% $2 / Sq Ft
09/06/2024 09/06/24 For Rent $2,100 -- --
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 $30,293 $148,471 $43,485 $104,986
2023 $29,343 $136,717 $35,100 $101,617
2022 $29,343 $136,717 $35,100 $101,617
2021 $29,405 $140,100 $35,100 $105,000
2020 $31,377 $134,913 $18,720 $116,193
2019 $31,795 $151,588 $18,720 $132,868
2018 $31,215 $151,588 $18,720 $132,868
2017 $20,323 $90,711 $16,380 $74,331
2016 $23,499 $112,553 $16,380 $96,173
2015 $21,361 $112,553 $16,380 $96,173
2014 $13,710 $71,286 $12,480 $58,806
2013 $13,440 $71,286 $12,480 $58,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12156967

Midwest Real Estate Data (MRED)

APN: 14-18-115-006-0000