NOT LISTED FOR SALE

820 W Lake St Chicago, IL 60607

West Loop Neighborhood

Estimated Value: $5,519,000

10 Beds
7 Baths
9,500 Sq Ft
$581/Sq Ft Est. Value

About This Home

This home is located at 820 W Lake St, Chicago, IL 60607 and is currently priced at $5,519,000, approximately $580 per square foot. 820 W Lake St is a home located in Cook County with nearby schools including Skinner Elementary School, Wells Community Academy High School, and Frances Xavier Warde School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2018
Sold by
820 Partners Llc
Bought by
820 Lake Owner Llc
Current Estimated Value
$5,519,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,550,000
Outstanding Balance
$5,054,254
Interest Rate
4.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 15, 2013
Sold by
Common Threads
Bought by
820 Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.14%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 29, 2011
Sold by
820 Lake Llc
Bought by
Common Threads

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2006
Sold by
820 West Lake Llc
Bought by
820 Lake Llc

Purchase Details

Closed on
Feb 2, 2001
Sold by
Lasalle Bank National Assn
Bought by
820 West Lake Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
7.18%
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
820 Lake Owner Llc $9,400,000 Attorney
820 Partners Llc -- None Available
Common Threads -- Fidelity National Title
820 Lake Llc $1,300,000 Law Title
820 West Lake Llc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 820 Lake Owner Llc $17,550,000
Previous Owner 820 Partners Llc $3,000,000
Previous Owner Common Threads $300,000
Previous Owner 820 West Lake Llc $660,000
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 $139,308 $700,050 $29,450 $670,600
2023 $135,801 $658,000 $23,750 $634,250
2022 $135,801 $658,000 $23,750 $634,250
2021 $132,752 $658,000 $23,750 $634,250
2020 $17,809 $79,679 $16,150 $63,529
2019 $18,047 $89,527 $16,150 $73,377
2018 $17,742 $89,527 $16,150 $73,377
2017 $16,943 $78,436 $14,250 $64,186
2016 $15,710 $78,436 $14,250 $64,186
2015 $14,373 $78,436 $14,250 $64,186
2014 $4,078 $21,980 $11,875 $10,105
2013 $11,349 $62,402 $11,875 $50,527
Source: Public Records

Map

Illinois Cook County Chicago 60607 West Loop

820 W Lake St, Chicago, IL

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