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824 West Agatite Avenue

824 West Agatite Avenue, Chicago, IL 60640
Property in Uptown
Sold Nov 02, 2016
$10,000,000
$81,227,000 by Walker & Dunlop, Llc
Mortgage Due Jul 01, 2028
This has been categorized as a residential property type. In total, the area measurement of the land is 7,676 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 824 West Agatite Avenue sold most recently in Oct 28, 2016 for a total of $10,000,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $448,628 in taxes each year. 824 West Agatite Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,106,318. If we break it down further, the land itself was valued at $44,556. Improvements to the property, however, were assessed at a total of $2,061,762. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,676
  • 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: LYDSTONS RESUB
  • Land Acres: 0.176
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : MONTROSE AND CLARENDON LLC
  • Previous Owner : MISSIONARY SISTERS OF THE SACRED HEART

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 031502

Zoning

  • Zoning: PD 138

Geography

  • Assessors Map Reference: 17S-136-04
  • District: 73
  • Parcel: 14-17-229-018-0000
  • Lot: 1-4
  • Municipality: LAKE VIEW
  • Latitude: 41.9621
  • Longitude: -87.6502

    Address

  • Full Address: 824 W Montrose Ave
  • Address - House Number: 824
  • Street Direction: W
  • Address - Street Name: Montrose
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C012
  • 4-Digit Zip Code: 1409
  • Zip Code: 60613

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $448,628
  • Tax Rate Code Area: 73094

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $88,827,000
  • First Open Lien Mortgage Lender: WALKER & DUNLOP, LLC
  • First Open Lien Mortgage Recording Date: Jun 29, 2023
  • First Open Lien Mortgage Loan Amount: $81,227,000
  • 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: Jul 01, 2028
  • Second Open Lien Mortgage Lender: WALKER & DUNLOP, LLC
  • Second Open Lien Mortgage Recording Date: Dec 21, 2023
  • Second Open Lien Mortgage Loan Amount: $7,600,000
  • Second Open Lien Mortgage Term: 54
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2028

    Market Valuation

  • Market Total Value: $21,063,180
  • Market Land Value: $445,560
  • Market Improvement Value: $20,617,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,106,318
  • Assessed Land Value: $44,556
  • Assessed Improvements Value: $2,061,762

    Sales

  • Current Sale Contract Date: Oct 28, 2016
  • Current Sale Recording Date: Nov 02, 2016
  • Current Sale Transaction ID: 1846359806
  • Current Sale Price: $10,000,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 1630734032

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Nov 02, 2016
  • First Mortgage Loan Amount: $80,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 824 West Agatite Avenue located in?
The 824 West Agatite Avenue is a located in the neighborhood of Uptown in North Side, Chicago.
What is the average sales price for listings in 824 West Agatite Avenue?
The average sales price for units in 824 West Agatite Avenue is $0 currently.

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