616 W Arlington Place Unit 106 Chicago, IL 60614
Lincoln Park NeighborhoodEstimated 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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
Map
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