NOT LISTED FOR SALE

616 W Arlington Place Unit 106 Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $6,527,323

-- Bed
1 Bath
500 Sq Ft
$13,055/Sq Ft Est. Value

About This Home

This home is located at 616 W Arlington Place Unit 106, Chicago, IL 60614 and is currently estimated at $6,527,323, approximately $13,054 per square foot. 616 W Arlington Place Unit 106 is a home located in Cook County with nearby schools including Alcott Elementary School, Lincoln Park High School, and Saint Clement School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2025
Sold by
616 Arlington Property Llc
Bought by
616 West Arlington Llc
Current Estimated Value
$6,527,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,493,519
Interest Rate
6.76%
Mortgage Type
Seller Take Back
Estimated Equity
$4,033,804

Purchase Details

Closed on
Jan 15, 2013
Sold by
Figure 11 Chutes Llc
Bought by
616 Arlington Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,312,500
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 29, 2008
Sold by
Miriam S Lutwak Revocable Trust
Bought by
Figure 11 Chutes Llc

Purchase Details

Closed on
Feb 19, 2008
Sold by
Arlington House Llc
Bought by
Morris Family Trust and Bruce Wechsler Living Trust

Purchase Details

Closed on
Mar 20, 2006
Sold by
Lakeside Bank
Bought by
Arlington House Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Interest Rate
6.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 3, 2000
Sold by
Lasalle Bank National Assn
Bought by
Lakeside Bank and Trust #10-2174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,250,000
Interest Rate
9.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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
616 West Arlington Llc $6,500,000 None Listed On Document
616 Arlington Property Llc $13,750,000 None Available
Figure 11 Chutes Llc -- None Available
Figure 11 Chutes Llc -- None Available
Figure 11 Chutes Llc -- None Available
Figure 11 Chutes Llc -- None Available
Figure 11 Chutes Llc $9,000,000 None Available
Morris Family Trust -- None Available
Arlington House Llc -- None Available
Lakeside Bank $4,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 616 West Arlington Llc $2,500,000
Previous Owner 616 Arlington Property Llc $10,312,500
Previous Owner Arlington House Llc $3,750,000
Previous Owner Lakeside Bank $12,250,000
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 $218,445 $934,000 $651,875 $282,125
2023 $212,950 $1,035,334 $218,750 $816,584
2022 $212,950 $1,035,334 $218,750 $816,584
2021 $99,721 $495,898 $218,750 $277,148
2020 $84,763 $380,496 $218,750 $161,746
2019 $168,405 $838,200 $218,750 $619,450
2018 $165,573 $838,200 $218,750 $619,450
2017 $169,582 $787,764 $188,125 $599,639
2016 $157,780 $787,764 $188,125 $599,639
2015 $144,355 $787,764 $188,125 $599,639
2014 $146,160 $787,764 $164,062 $623,702
2013 $143,274 $787,764 $164,062 $623,702
Source: Public Records

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