NOT LISTED FOR SALE

515 W Armitage Ave Unit 3 Chicago, IL 60614

Old Town Neighborhood

Estimated Value: $770,000 - $840,000

2 Beds
4 Baths
1,440 Sq Ft
$563/Sq Ft Est. Value

About This Home

This home is located at 515 W Armitage Ave Unit 3, Chicago, IL 60614 and is currently estimated at $810,948, approximately $563 per square foot. 515 W Armitage Ave Unit 3 is a home located in Cook County with nearby schools including Abraham Lincoln Elementary School, Lincoln Park High School, and St. James Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2025
Sold by
Barnum Michael and Mehta Bhusha
Bought by
Ortale Griffin and Oconnell Elle
Current Estimated Value
$810,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Outstanding Balance
$621,978
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$188,970

Purchase Details

Closed on
Oct 16, 2019
Sold by
Pottebaum Andrea M and Pottebaum Nicholas R
Bought by
Mehta Bhusha and Bamum Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2013
Sold by
Herrmann Edward and Eisele Sally
Bought by
Pottebaum Andrea M and Pottebaum Nicholas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,400
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2005
Sold by
Vanderlake Rebecca
Bought by
Herrmann Edward and Herrmann Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2001
Sold by
Theros Louis and Bautista Michael J
Bought by
Vanderlake Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,600
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
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
Ortale Griffin $830,000 None Listed On Document
Mehta Bhusha $675,000 Stewart Title Company
Pottebaum Andrea M $503,000 Chicago Title Insurance Comp
Herrmann Edward $501,000 Chicago Title Insurance Comp
Vanderlake Rebecca $412,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortale Griffin $622,500
Previous Owner Mehta Bhusha $540,000
Previous Owner Pottebaum Andrea M $402,400
Previous Owner Herrmann Edward $400,000
Previous Owner Vanderlake Rebecca $329,600
Closed Vanderlake Rebecca $30,000
Source: Public Records

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 $14,074 $76,064 $12,917 $63,147
2023 $13,698 $70,020 $10,417 $59,603
2022 $13,698 $70,020 $10,417 $59,603
2021 $17,428 $89,999 $10,416 $79,583
2020 $13,146 $59,010 $9,166 $49,844
2019 $12,187 $64,089 $9,166 $54,923
2018 $12,660 $64,089 $9,166 $54,923
2017 $10,286 $47,780 $7,500 $40,280
2016 $9,570 $47,780 $7,500 $40,280
2015 $8,755 $47,780 $7,500 $40,280
2014 $7,506 $40,454 $5,625 $34,829
2013 $6,879 $40,454 $5,625 $34,829
Source: Public Records

Map

Illinois Cook County Chicago 60614 Old Town

515 W Armitage Ave Unit 3, Chicago, IL

This home is located at 515 W Armitage Ave Unit 3, Chicago, IL 60614 and is currently estimated at $810,948, approximately $563 per square foot. 515 W Armitage Ave Unit 3 is a home located in Cook County with nearby schools including Abraham Lincoln Elementary School, Lincoln Park High School, and St. James Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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