NOT LISTED FOR SALE

500 N Western Ave Chicago, IL 60612

West Town Neighborhood

Estimated Value: $364,000

Studio
-- Bath
-- Sq Ft
8,276 Sq Ft Lot

About This Home

This home is located at 500 N Western Ave, Chicago, IL 60612 and is currently estimated at $364,000. 500 N Western Ave is a home located in Cook County with nearby schools including Chopin Elementary School, Wells Community Academy High School, and St Helen School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2021
Sold by
Comet Development I Llc
Bought by
Og Management Inc
Current Estimated Value
$364,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,512,500
Outstanding Balance
$2,260,959
Interest Rate
2.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$1,896,959

Purchase Details

Closed on
Sep 17, 2018
Sold by
Kohlma Investments Llc
Bought by
Comet Development I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2014
Sold by
Sachs Properties Inc
Bought by
Kohlma Investments Llc

Purchase Details

Closed on
Sep 14, 2004
Sold by
Lasalle Bank Na
Bought by
Grand & Western Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Og Management Inc $3,350,000 Chicago Title
Comet Development I Llc $1,550,000 First American Title
Kohlma Investments Llc $2,030,000 Near North National Title
Grand & Western Properties Llc $1,486,000 Freedom Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Og Management Inc $2,512,500
Previous Owner Comet Development I Llc $1,700,000
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 $891 $4,050 $4,050 --
2024 $891 $10,285 $10,125 $160
2023 $866 $4,210 $4,050 $160
2022 $866 $4,210 $4,050 $160
2021 $846 $4,209 $4,050 $159
2020 $938 $4,209 $4,050 $159
2019 $846 $4,209 $4,050 $159
2018 $831 $4,209 $4,050 $159
2017 $775 $3,601 $3,442 $159
2016 $721 $3,601 $3,442 $159
2015 $660 $3,601 $3,442 $159
2014 $668 $3,601 $3,442 $159
2013 $655 $3,601 $3,442 $159
Source: Public Records

Map

Illinois Cook County Chicago 60612 West Town

500 N Western Ave, Chicago, IL

Not Listed for Sale

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