NOT LISTED FOR SALE

562 W 16th St Chicago, IL 60616

East Pilsen Neighborhood

Estimated Value: $526,000 - $651,000

3 Beds
3 Baths
2,288 Sq Ft
$257/Sq Ft Est. Value

About This Home

This home is located at 562 W 16th St, Chicago, IL 60616 and is currently estimated at $588,465, approximately $257 per square foot. 562 W 16th St is a home located in Cook County with nearby schools including John M. Smyth Elementary I.B. World School, Wells Community Academy High School, and Perspectives Chtr - Joslin Campus.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2017
Sold by
Mui Roger and Mui Linda P
Bought by
Garcia Victor and Garcia Mailee
Current Estimated Value
$588,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Outstanding Balance
$164,036
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$424,429

Purchase Details

Closed on
Apr 22, 2010
Sold by
16Th & Union Llc
Bought by
Mui Roger and Mui Linda P

Purchase Details

Closed on
Jul 14, 2008
Sold by
16Th & Union Llc
Bought by
Union Row Homeowners Assn

Purchase Details

Closed on
Jun 12, 2007
Sold by
Union 16 Llc
Bought by
16Th & Union Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,100,000
Interest Rate
6.2%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 27, 2000
Sold by
The Burlington Northern & Santa Fe Railw
Bought by
Uir Supply Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Garcia Victor $410,000 None Available
Mui Roger $388,500 Near North National Title
Union Row Homeowners Assn -- None Available
16Th & Union Llc $1,800,000 Near North National Title
Uir Supply Inc $191,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Victor $328,000
Previous Owner 16Th & Union Llc $8,100,000
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
2025 $10,143 $39,789 $5,107 $34,682
2024 $10,143 $39,789 $5,107 $34,682
2023 $9,888 $48,073 $4,104 $43,969
2022 $9,888 $48,073 $4,104 $43,969
2021 $9,853 $49,000 $4,104 $44,896
2020 $8,251 $37,037 $3,100 $33,937
2019 $8,177 $40,700 $3,100 $37,600
2018 $10,405 $52,674 $3,100 $49,574
2017 $9,558 $47,776 $2,736 $45,040
2016 $9,069 $47,776 $2,736 $45,040
2015 $8,274 $47,776 $2,736 $45,040
2014 $5,679 $33,177 $2,280 $30,897
2013 $5,556 $33,177 $2,280 $30,897
Source: Public Records

Map

Illinois Cook County Chicago 60607 East Pilsen

562 W 16th St, Chicago, IL

Not Listed for Sale

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