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516 West Oakdale Avenue

516 West Oakdale Avenue, Chicago, IL 60657
1 Units For Sale
Unit for sale at 516 W Oakdale Avenue, Chicago, IL 60657

$750,000

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
516 W Oakdale Avenue #3E, Chicago, IL 60657 Listing by Layching Quek

516 West Oakdale Avenue is a condo located in Lake View East, Chicago. The building was first built in 1949 and is 75 years old. The lot that the building was built on is 1,660 feet wide and 1,650 feet long. 516 West Oakdale Avenue has a total of 7 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's deck and patio space. See the full transaction history for 516 West Oakdale Avenue below.

Lake View East, where 516 West Oakdale Avenue is located, has a median asking price of $280,000 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% 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.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $750,000. It is a 1,600 sqft 3-bedroom and 2-bathroom unit.

Building Features

Exterior

Brick Exterior
Block Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

4 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230628 Unit 3E
06/28/2023
3E
3 Bed
2 Bath
1600 ft²
$789,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1600 ft²
-
-
-
Layching Quek
Redfin Corporation
20220728 Unit 1W
07/28/2022
1W
3 Bed
2 Bath
-
$700,000
bedrooms
3 Bed
bathrooms
2 Bath
-
-
-
Scott Newman
Keller Williams ONEChicago
20190716 Unit GW
07/16/2019
GW
2 Bed
2 Bath
-
$385,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20190226 Unit GE
02/26/2019
GE
2 Bed
2 Bath
1000 ft²
$383,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1000 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: High-rise
  • Floor Count: 7
  • Living Units: 90
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,390
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 1,660
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CULVERS ADD TO CHICAGO
  • Land Acres: 0.629
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (CULVERS) ADD TO (CHICAGO) OF SEC 28-40-14

Ownership

  • Current Owner : BIG CHUTE LLC
  • Previous Owner : WHIPPLE JAY
  • Owner Before Previous Owner: EUGENE P HEYTOW TRUST
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 062100

Zoning

  • Zoning: RM-6

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-28-108-022-0000
  • Lot: 57,58
  • Meridian: SEC 28 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9369
  • Longitude: -87.6427

    Address

  • Full Address: 516 W Wellington Ave
  • Address - House Number: 516
  • Street Direction: W
  • Address - Street Name: Wellington
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Zip Code: 60657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $173,374
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 4,402,321
  • High Value: 5,527,199
  • Low Value: 3,277,442

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $37,500,000
  • First Open Lien Mortgage Lender: NATIONWIDE LIFE INSURANCE COMP
  • First Open Lien Mortgage Recording Date: Mar 23, 2018
  • First Open Lien Mortgage Loan Amount: $37,500,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 05, 2028

    Market Valuation

  • Market Total Value: $8,429,230
  • Market Land Value: $1,177,770
  • Market Improvement Value: $7,251,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $842,923
  • Assessed Land Value: $117,777
  • Assessed Improvements Value: $725,146

    Sales

  • Current Sale Contract Date: Feb 29, 2008
  • Current Sale Recording Date: Mar 04, 2008
  • Current Sale Transaction ID: 1177095986
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 0806422099
  • Previous Sale Recording Date: Mar 04, 2008
  • Previous Sale Contract Date: Feb 29, 2008
  • Previous Sale Document Type: Deed

About North Side



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Frequently Asked Questions

What neighborhood is 516 West Oakdale Avenue located in?
The 516 West Oakdale Avenue is a condo located in the neighborhood of Lake View East in North Side, Chicago.
How many listings are currently for sale in 516 West Oakdale Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 516 West Oakdale Avenue?
The average sales price for units in 516 West Oakdale Avenue is $750,000 , or $469/sqft. currently.

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