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1516 West Rosemont Avenue

1516 West Rosemont Avenue, Chicago, IL 60660
Condo in Edgewater
1516 West Rosemont Avenue is a condo located in Edgewater, Chicago. The building was first built in 1900 and is 124 years old. The lot that the building was built on is 1,120 feet wide and 250 feet long. In total, 1516 West Rosemont Avenue has a total floor area of 1,468 square feet. 1516 West Rosemont Avenue has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 2 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 89 days and tend to sell below the original asking price of $209,900 by 2.33%. The transaction that took the longest to complete was unit G, listed on Feb 06, 2021 for $209,900. This particular unit ultimately sold 89 days later for $205,000. The most recent transaction was for unit G, which was first advertised on Feb 06, 2021, sold for $205,000 on May 06, 2021. Fun fact, the oldest transaction we have on record took place on Sep 25, 2018. See the full transaction history for 1516 West Rosemont Avenue below.

Edgewater, where 1516 West Rosemont Avenue is located, has a median asking price of $280,000 for condo buildings. Meanwhile, the building itself has a median asking price of $209,900. For interested buyers, that means the building's median asking price is around 0.25% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210206 Unit G
02/06/2021
G
2 Bed
1 Bath
-
$209,900
bedrooms
2 Bed
bathrooms
1 Bath
$205,000 -2.33%
05/06/2021
Jennifer Von Pieschel

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,825
  • Lot Size Depth Feet: 250
  • Lot Size Frontage Feet: 1,120
  • Total Building Area: 1,468
  • Gross Building Area: 1,468
  • Building Area: 1,468
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,468
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARSONS SUB
  • Land Acres: 0.065
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (FARSONS) SUB OF N26RDS 11FT OF NW NW SEC 05-40-14

Ownership

  • Current Owner : W & W HOMES LLC
  • Previous Owner : DIANE M BRODT TRUST
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST CO
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 030200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: 17N-8-09
  • District: 73
  • Parcel: 14-05-100-037-0000
  • Lot: 73
  • Meridian: SEC 05 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9975
  • Longitude: -87.6685

    Address

  • Full Address: 1516 W Highland Ave
  • Address - House Number: 1516
  • Street Direction: W
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C074
  • 4-Digit Zip Code: 1310
  • Zip Code: 60660

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,784
  • Tax Rate Code Area: 73105

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 674,076
  • High Value: 775,817
  • Low Value: 572,334

    Market Valuation

  • Market Total Value: $440,000
  • Market Land Value: $226,000
  • Market Improvement Value: $214,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,000
  • Assessed Land Value: $22,600
  • Assessed Improvements Value: $21,400

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 22, 2022
  • Current Sale Transaction ID: 11894985769
  • Current Sale Price: $230,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 21190
  • Previous Sale Recording Date: Aug 23, 2004
  • Previous Sale Contract Date: May 26, 2004
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RFLF 7 LLC
  • First Mortgage Transaction Date: Aug 22, 2022
  • First Mortgage Loan Amount: $422,348
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Sep 01, 2023

    Previous Mortgages

  • Previous Mortgage Lender: MERCANTILE NATIONAL BANK OF IN
  • Previous Mortgage Transaction Date: Aug 23, 2004
  • Previous Mortgage Loan Amount: $484,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About North Side



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Frequently Asked Questions

What neighborhood is 1516 West Rosemont Avenue located in?
The 1516 West Rosemont Avenue is a condo located in the neighborhood of Edgewater in North Side, Chicago.
What is the average sales price for listings in 1516 West Rosemont Avenue?
The average sales price for units in 1516 West Rosemont Avenue is $209,900 currently.

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