NOT LISTED FOR SALE

949 W Lake St Unit E2 Chicago, IL 60607

West Loop Neighborhood
1 Bed
1 Bath
-- Sq Ft
5,009 Sq Ft Lot

About This Home

Spacious condo in the heart of beautiful, downtown Oak Park. Enjoy the sunshine as you open the French doors to a Juliet balcony overlooking the courtyard. Expansive living room with beautiful woodwork, and a nook that could be used as an office space. Stainless steel appliances, including a dishwasher with Corian counters in the kitchen that leads out to a spacious back deck. Sizable bedroom with enough space for a King bed and dresser along with a walk in closet. Easy access to two green line stops as well as the Metra. Parking space in garage across the street included.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Dumerauf James and Johnston Deirdre
Bought by
Dumerauf James and Johnston Deirdre

Purchase Details

Closed on
Feb 1, 2018
Sold by
185 Partners Llc
Bought by
185 Morgan Owner Llc

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
Interest Rate
4.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 20, 2015
Sold by
Chicago Title Land Trust Company
Bought by
185 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
$5,910,000
Interest Rate
3.82%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 21, 2005
Sold by
Lake Morgan Llc
Bought by
Chicago Title Land Trust Co and Trust #1114172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2004
Sold by
Freidline John F and Ascot James
Bought by
Lake Morgan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$866,250
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2004
Sold by
North Star Trust Co
Bought by
Ascot James and Freidline John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$866,250
Interest Rate
6.08%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Dumerauf James -- None Listed On Document
185 Morgan Owner Llc $13,350,000 Attorney
949 Land Llc -- None Available
185 Partners Llc $5,250,000 Chicago Title Land Trust Co
Chicago Title Land Trust Co $1,480,000 Chicago Title Co
Lake Morgan Llc -- First American Title Ins Co
Ascot James $1,155,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 185 Morgan Owner Llc $17,550,000
Previous Owner 185 Partners Llc $5,910,000
Previous Owner Chicago Title Land Trust Co $650,000
Previous Owner Chicago Title Land Trust Co $1,100,000
Previous Owner Ascot James $866,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2023 12/07/23 Rented $1,800 0.0% --
11/16/2023 11/16/23 For Rent $1,800 -- --

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 $62,289 $201,000 $125,000 $76,000
2023 $62,289 $301,814 $43,750 $258,064
2022 $62,289 $301,814 $43,750 $258,064
2021 $60,891 $301,813 $43,750 $258,063
2020 $43,413 $194,231 $43,750 $150,481
2019 $39,154 $194,231 $43,750 $150,481
2018 $38,492 $194,231 $43,750 $150,481
2017 $1,836 $8,500 $8,500 $0
2016 $4,264 $21,291 $21,250 $41
2015 $3,970 $21,663 $21,250 $413
2014 $3,979 $21,446 $21,250 $196
2013 $3,900 $21,446 $21,250 $196
Source: Public Records

Agents Affiliated with this Home

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