NOT LISTED FOR SALE

6550 N Milwaukee Ave Chicago, IL 60631

Norwood Park Neighborhood

Estimated Value: $218,901

0.11 Acre
$1,990,009 Price per Acre
4,792 Sq Ft Lot

Last Sold April 27, 2017

Last sale price $175,000

Est. 25% increase in value since last sale

Current estimated payment $1,410/month

27 Days on Market

About This Lot

As of April 2017

This is a Fantastic Piece of Commercial Land Near the Intersection of Milwaukee and Devon at a Very Reasonable Price! Great for Shopping Business and Retail Storefront! B3-1 Zoning Allows For More Types of Businesses than B1 and B2 Districts! Apartments Permitted Above the Ground Floor! Currently there is a Small Tear-down Building on the Property. Can Be Purchased with the Property Next Door at 6556 N Milwaukee for More Space or Even an Apartment Complex! Bring Us an Offer!

Last Agent to Sell the Property

Ryan Widerberg

eXp Realty - Chicago North Ave License #475121545 Listed on: 02/28/2017

eXp Realty - Chicago North Ave

Last Buyer's Agent

Liza Loza

@properties Christie's International Real Estate License #471020991

@properties Christie's International Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,955

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 180x28x168x35
  • Property is zoned COMMR

Schools

  • Onahan Elementary School
  • Taft High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$5,955

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Office and Research, Retail, Special Use, Other
  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 28
  • Frontage Type: City Street, Public Road
  • List Price: 195000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Schools

  • Elementary School: ONAHAN ELEMENTARY SCHOOL
  • High School: TAFT HIGH SCHOOL
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 180X28X168X35
  • Zoning: COMMR
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 4830
  • Total Listed Lots Avail: 1

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 5955.34
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2017
Closed on
Apr 27, 2017
Sold by
Venetian Mounment Company Inc
Bought by
Nottolini & Sons Llc
Seller's Agent
Ryan Widerberg
eXp Realty - Chicago North Ave
Buyer's Agent
Liza Loza
@properties Christie's International Real Estate
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%
Current Estimated Value
$218,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,901
Avg. Annual Appreciation
2.18%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Nottolini & Sons Llc $175,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Off Market $175,000 -- --
04/27/2017 04/27/17 Sold $175,000 -10.3% --
03/27/2017 03/27/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $195,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $6,809 $53,501 $38,813 $14,688
2023 $6,638 $32,275 $23,288 $8,987
2022 $6,638 $32,275 $23,288 $8,987
2021 $6,490 $32,273 $23,287 $8,986
2020 $7,908 $35,500 $23,287 $12,213
2019 $7,132 $35,500 $23,287 $12,213
2018 $7,012 $35,500 $23,287 $12,213
2017 $6,996 $32,499 $20,376 $12,123
2016 $6,509 $32,499 $20,376 $12,123
2015 $5,955 $32,499 $20,376 $12,123
2014 $6,030 $32,499 $20,376 $12,123
2013 $5,911 $32,499 $20,376 $12,123
Source: Public Records

Agents Affiliated with this Home

  • Ryan Widerberg

    Seller's Agent in 2017

    Ryan Widerberg

    eXp Realty - Chicago North Ave

    (847) 849-7748

    85 Total Sales

    Ryan Widerberg
    Section Image
  • Liza Loza

    Buyer's Agent in 2017

    Liza Loza

    @properties Christie's International Real Estate

    (773) 472-0200

    21 Total Sales

    Liza Loza
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09515627

Midwest Real Estate Data (MRED)

APN: 10-31-409-045-0000

Illinois Cook County Chicago 60631 Norwood Park

6550 N Milwaukee Ave, Chicago, IL

This home is located at 6550 N Milwaukee Ave, Chicago, IL 60631 since 28 February 2017 and is currently estimated at $218,901. 6550 N Milwaukee Ave is a home located in Cook County with nearby schools including Onahan Elementary School, Taft High School, and Logos Christian Academy.

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