See Home Value
Chicago 60622 Wicker Park
1438-42 North Milwaukee Avenue
$5,895,904*
Land - Off Market

1438-42 North Milwaukee Avenue

Chicago, IL 60622
bedrooms
Studio
bathrooms
0 Bath
$3,825,000 - $4,675,000
Reference Base Price*
38.73%
Since Jan 1, 2020
IL-Chicago
Primary Model
Sold Feb 19, 1998
Transfer
$5,600,000 by Wintrust Bank, Na
Mortgage Due Mar 21, 2029

About This Property

Fantastic development opportunity. All 4 lots must be sold together: 1438, 1440 & 1442 N Milwaukee along with 1818 W Evergreen. The Milwaukee lots are contiguous and zoned B3-2. 1818 Evergreen is RT-4.
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
$66,088
HOA Dues
-
Year Built
1889

Price History

Date / Event Date Event Price
Dec 18, 2019 No longer available -
No longer available
May 1, 2019 Listed $4,250,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1889
  • Effective Year Built: 1889
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Unknown
  • Floor Count: 1
  • Living Units: 4
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 5,000
  • Building Area: 5,000
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: LEES ADD TO CHICAGO
  • Land Acres: 0.72
  • Standard Land Use Code: Commercial building
  • Legal Description 1: D S (LEES) ADD TO (CHICAGO) A SUB OF LTS6,7&15 IN ASS ESSORS DIV OF UNSUBDIVIDED LAND IN NE & EH NW SEC 06-39-14

Ownership

  • Current Owner : RAIMONDI NUNZIO
  • Current Owner 2: TRUST #97EH60
  • Previous Owner : THE CHICAGO TRUST COMPANY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 241400

Zoning

  • Zoning: B3-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 77
  • Parcel: 17-06-208-019-0000
  • Block: 6
  • Lot: 6,7,1
  • Meridian: SEC 06 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.9078
  • Longitude: -87.674

    Address

  • Full Address: 1438 N Milwaukee Ave
  • Address - House Number: 1438
  • Street Direction: N
  • Address - Street Name: Milwaukee
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C078
  • 4-Digit Zip Code: 9225
  • Zip Code: 60622

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,531
  • Tax Rate Code Area: 77068

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,600,000
  • First Open Lien Mortgage Lender: WINTRUST BANK, NA
  • First Open Lien Mortgage Recording Date: Mar 22, 2024
  • First Open Lien Mortgage Loan Amount: $5,600,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 21, 2029

    Market Valuation

  • Market Total Value: $411,984
  • Market Land Value: $62,500
  • Market Improvement Value: $349,484

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,996
  • Assessed Land Value: $15,625
  • Assessed Improvements Value: $87,371

    Sales

  • Current Sale Contract Date: Dec 05, 1997
  • Current Sale Recording Date: Feb 19, 1998
  • Current Sale Transaction ID: 1177322937
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 98132491



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
6 Beds
8 Baths
6,800 ft²
$515/ft²
$3,499,000 Jan 31, 2023
-
$2,156/mo

About Northwest Side


Similar Homes for Sale

Unit for sale at 1712 North Wolcott Avenue, Chicago, IL 60622

$3,499,000

  • 6 Beds
  • 8 Baths
  • 6,800 ft²
1712 North Wolcott Avenue, Chicago, IL 60622 Listing by Tommy Choi

Nearby Rentals

Unit for rent at 1741 W Haddon Avenue, Chicago, IL, 60622

$8,500 /mo

  • 4 Beds
  • 2.5 Baths
1741 W Haddon Avenue, Chicago, IL, 60622 Listing by Ledio Samarxhiu
Unit for rent at 1510 W Cortez Street, Chicago, IL, 60642

$7,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,600 ft²
1510 W Cortez Street #3E, Chicago, IL, 60642 Listing by Dennis Huyck
Unit for rent at 846 W Monroe Street, Chicago, IL, 60607

$4,975 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,930 ft²
846 W Monroe Street #TH11, Chicago, IL, 60607 Listing by Riely Joosten


Frequently Asked Questions

When was property at 1438 North Milwaukee Avenue built and last sold?
The property at 1438 North Milwaukee Avenue was built in 1889 and last sold on Dec 5, 1997 for $0.
How much is this home worth?
The estimated value of the home located at 1438 North Milwaukee Avenue is $4,292,500.
What are some comparable homes to 1438 North Milwaukee Avenue?
There are currently no comparable homes to 1438 North Milwaukee Avenue.

Quantcast