NOT LISTED FOR SALE

616 S Loomis St Unit 1 Chicago, IL 60607

Little Italy Neighborhood

Estimated Value: $241,833 - $284,000

1 Bed
1 Bath
1,600 Sq Ft
8,233 Sq Ft Lot Lot

Sale Details

Date Sold: April 6, 2018

Last sale price $183,750 $115 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,008 / mo

185 Days on Market

Highlights

  • Living Room
  • Forced Air Heating System
  • 2-minute walk to Arrigo Park

About This Home

As of April 2018

4 bedroom, 2 full bath duplex condo in the heart of Little Italy available now! Hardwood floors and exposed brick. Walk 3 blocks to Taylor Street and 2 blocks to the Racine "L" stop. Located between UIC and Rush.

Last Agent to Sell the Property

James Morris

JMRI Corp License #471010383 Listed on: 08/09/2017

Last Buyer's Agent

James Yario

GMC Realty LTD

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,849

Lot Details

  • 8,233

HOA Fees

  • $117 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • 3-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 4 Potential Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger
  • 16 Units
  • Kirk Hoffman Association, Phone Number (847) 833-4593
  • Low-Rise Community
  • Property managed by 1400 W. Flounory Condo Assoc.

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,849

Lot Details

8,233 Sq Ft Lot

HOA Fees

$117 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Low Rise (1-3 Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Low Rise (1-3 Stories)
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: Full, Walkout
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 1600
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 3

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 117
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Management Company: 1400 W. Flounory Condo Assoc.
  • Management Contact Name: Kirk Hoffman
  • Management Phone: 847-833-4593
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 2849.28
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
Feb 23, 2018
Sold by
Christiana Trust
Bought by
Siddiqui Amer
Seller's Agent
James Morris
JMRI Corp
Buyer's Agent
James Yario
GMC Realty LTD
List Price
$226,000
Sold Price
$183,750
Premium/Discount to List
-$42,250
-18.69%
Current Estimated Value
$266,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,458
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Sep 29, 2016
Sold by
Ellis Gene
Bought by
Christiana Trust and Arlp Trust 3

Purchase Details

Closed on
Jul 16, 2007
Sold by
Hoffman Kirk and Kania John
Bought by
Ellis Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,280
Interest Rate
9.5%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Siddiqui Amer $184,000 Chicago Title
Christiana Trust -- None Available
Ellis Gene $262,500 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Ellis Gene $249,280
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2018 04/06/18 Sold $183,750 -2.8% $115 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
02/08/2018 02/08/18 Price Changed $189,000 +2.9% $118 / Sq Ft
02/06/2018 02/06/18 Off Market $183,750 -- --
01/26/2018 01/26/18 Price Changed $189,000 -3.1% $118 / Sq Ft
12/28/2017 12/28/17 Price Changed $195,000 -2.0% $122 / Sq Ft
11/29/2017 11/29/17 Price Changed $199,000 -4.3% $124 / Sq Ft
10/26/2017 10/26/17 Price Changed $208,000 -3.7% $130 / Sq Ft
09/06/2017 09/06/17 Price Changed $216,000 -4.4% $135 / Sq Ft
08/07/2017 08/07/17 For Sale $226,000 -- $141 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,647 $19,256 $2,586 $16,670
2024 $5,647 $19,256 $2,586 $16,670
2023 $5,505 $26,674 $1,570 $25,104
2022 $5,505 $26,674 $1,570 $25,104
2021 $5,381 $26,672 $1,569 $25,103
2020 $2,893 $12,945 $1,569 $11,376
2019 $2,860 $14,186 $1,569 $12,617
2018 $2,811 $14,186 $1,569 $12,617
2017 $3,073 $14,226 $1,385 $12,841
2016 $2,849 $14,226 $1,385 $12,841
2015 $2,607 $14,226 $1,385 $12,841
2014 $2,249 $12,121 $1,177 $10,944
2013 $2,204 $12,121 $1,177 $10,944
Source: Public Records

Agents Affiliated with this Home

  • James Morris

    Seller's Agent in 2018

    James Morris

    JMRI Corp

    (312) 330-6911

    68 Total Sales

    James Morris
    Section Image

  • J

    Buyer's Agent in 2018

    James Yario

    GMC Realty LTD

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09716462

Midwest Real Estate Data (MRED)

APN: 17-17-302-090-1014

Illinois Cook County Chicago 60607 Little Italy

616 S Loomis St Unit 1, Chicago, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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