NOT LISTED FOR SALE

816 N Dearborn St Chicago, IL 60610

Rush-Division Neighborhood

Estimated Value: $313,000 - $357,000

1 Bed
-- Bath
800 Sq Ft
$428/Sq Ft Est. Value

About This Home

Of the units we have owned or lived in, our 816 N. Dearborn Apt 1C Unit is by far the most unique - proven to be the most desirable due to its amazing location in the city, 5min walk to the Chicago Red Line "L" Stop, private courtyard, the unit's window out to the beautiful courtyard (w/ grill) that creates a level of tranquility you will seldom find in the bustle of the area. Building is primarily owner occupied, and Unit 1C is the entire first floor of only 2 units in the spacious coach house. This unit is a gem & always rents quickly! (LEASE TERM NEGOTIABLE)
Amenities Include:
Unique Features
-5min walk to Chicago Red-Line Station
-Private courtyard for residents (only 10) that's seldom used by anyone outside of those living in this unit and one above (see pics). Courtyard has grill, relaxation space, fountain, vegetation, and patio furniture
-Beautiful view of courtyard through windows of unit
-Historic building on quiet street
-In Unit-washer dryer
-High-ceilings and tranquil city living that makes you feel like you have a home and outdoor space - "It is like living in your own quiet home with an outdoor space, that is right in the middle of the bustling River North neighborhood" ----------------
Interior Highlights
-New hard wood floors
-In-Unit Washer/dryer
-High ceilings with open floor plan
-Tons of closet space (mirrored sliding doors in bedroom house large closet with lots of space, and another by front entrance)
-Windows out to beautiful private courtyard - all you have to do is go out your front door for grilling and relaxation
-Fireplace
-Mounts above fireplace for TV
-Very private with only 2 units in this stand alone building - just 1 owner occupied unit above. "It is like living in your own quiet home with an outdoor space, that is right in the middle of the bustling River North neighborhood" -----------------------------
Best Things About the Building
-Short 5 min walk to the Chicago Red-Line Stop - only a few blocks away
-Unit is one of only 2 units in detached coach house right off BEAUTIFUL large, private courtyard with grill and patio furniture
-Very tranquil and historic street, right off Michigan Ave's River North district, that is predominantly owner occupied and well maintained
-Secure entry and buzzer system
-In-unit washer dryer.

The owners are extremely responsive to tenants needs!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Chicago Title Land Trust Company
Bought by
Ton Don Huy
Current Estimated Value
$342,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Outstanding Balance
$244,272
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$97,745

Purchase Details

Closed on
May 30, 2024
Sold by
Alvarez Sonia
Bought by
Chicago Title Land Trust

Purchase Details

Closed on
Oct 18, 2006
Sold by
Town David M
Bought by
Alvarez Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,300
Interest Rate
8.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 24, 1995
Sold by
Chicago Title & Trust Company
Bought by
Town David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,550
Interest Rate
9.13%
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

Date Buyer Sale Price Title Company
Ton Don Huy $330,000 Chicago Title
Ton Don Huy $330,000 Chicago Title
Chicago Title Land Trust -- Chicago Title
Alvarez Sonia $282,000 Pntn
Town David M $89,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ton Don Huy $247,500
Closed Ton Don Huy $247,500
Previous Owner Alvarez Sonia $42,300
Previous Owner Alvarez Sonia $225,600
Previous Owner Town David M $84,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 For Rent $2,050 0.0% --
10/08/2024 10/08/24 Off Market $2,050 -- --

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 $4,431 $31,052 $11,452 $19,600
2024 $4,431 $31,052 $11,452 $19,600
2023 $4,319 $21,000 $9,221 $11,779
2022 $4,319 $21,000 $9,221 $11,779
2021 $4,223 $20,999 $9,220 $11,779
2020 $3,976 $17,850 $6,454 $11,396
2019 $3,892 $19,370 $6,454 $12,916
2018 $3,826 $19,370 $6,454 $12,916
2017 $4,426 $20,561 $5,163 $15,398
2016 $4,118 $20,561 $5,163 $15,398
2015 $3,768 $20,561 $5,163 $15,398
2014 $2,991 $16,119 $4,149 $11,970
2013 $2,932 $16,119 $4,149 $11,970
Source: Public Records

Map

Illinois Cook County Chicago 60610 Rush-Division

816 N Dearborn St, Chicago, IL

Not Listed for Sale

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