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Sold for $625,000
  • $625,000

    1016 N Western Ave, Chicago, IL 60622

    5beds
    2,446sqft
    Unknown
    Built in 1906
    -- sqft lot
    $-- Zestimate®
    $256/sqft
    $3,172 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,172/mo

    Zestimate® history
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    What's special

    Creative studioLarge windowsLarge windows floodQuartz countertopsExcellent wall spaceTrack lightingContemporary aesthetic
    Opportunity calls with this mixed-use brick building located in the heart of Ukrainian Village on a vibrant stretch of Western Ave. Striking blond brick exterior with large windows that showcases the art gallery that has been the long-time occupant. The commercial gallery space is spacious and well-lit featuring high ceilings, track lighting, and excellent wall space that serves as the perfect backdrop for showcasing artwork. Above the storefront, you'll find an owner's unit, stylish three-bedroom, one-bathroom apartment renovated with a contemporary aesthetic, featuring a formal living and dining room, fully renovated kitchen and stylish shared bath. Large windows flood the apartment with natural light, high-end finishes hardwood floors, quartz countertops, and stainless steel appliances add a touch of luxury. There is a two-bed one-bath coach house unit that has long been used as a visiting artist space with a bonus unfinished loft space that could be monetized. This versatile space can be customized to suit various uses, such as a creative studio, a co-working space or the 2/1 apartment can be duplexed providing endless possibilities for generating revenue. The coach house is situated over an oversized two-car garage. Please allow 48 hours’ notice for showings.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Central
    Features
    • Basement: Finished
    Interior area
    • Total interior livable area: 2,446 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stone
    Lot
    • Size: 2,640 Square Feet
    Details
    • Parcel number: 1601415040

    Construction

    Type & style
    • Home type: Unknown
    Materials
    • Roof: Built-up
    Condition
    • Year built: 1906

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $256/sqft
    • Tax assessed value: $1,020,000

    Price history

    DateEventPrice
    9/26/2024Sold$625,000-10.6%$256/sqft
    Source: Public Record Report a problem
    11/3/2023Listing removed--
    Source: Owner Report a problem
    8/5/2023Price change$699,000-9.1%$286/sqft
    Source: Owner Report a problem
    6/11/2023Listed for sale$769,000+129.6%$314/sqft
    Source: Owner Report a problem
    8/28/2012Sold$335,000$137/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $102,000 +93.4%
    2023$10,460 +3.1%$52,741
    2022$10,144 +2.1%$52,741
    2021$9,936 +21%$52,741 +32%
    2020$8,212 -31.5%$39,965 -36.6%
    2019$11,982 +1.7%$63,069
    2018$11,780 +35.3%$63,069 +43.9%
    2017$8,707 +5.2%$43,822
    2016$8,277 +9.6%$43,822
    2015$7,550 +31.6%$43,822 +30.8%
    2014$5,739 -5.8%$33,499
    2013$6,093 -14.9%$33,499 -20.9%
    2012$7,156 +14.9%$42,371 -1.8%
    2010$6,229 +7.4%$43,128
    2009$5,800 +18%$43,128 +5.2%
    2008$4,917 -36.3%$40,992 -35.4%
    2007$7,715 +10.4%$63,465
    2006$6,990 +220.4%$63,465 +226.9%
    2005$2,182 +1.9%$19,415
    2004$2,141 +4.5%$19,415
    2003$2,050 $19,415
    Find assessor info on the county website

    Neighborhood: Humboldt Park

    Nearby schools

    GreatSchools rating
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