849 W Armitage Ave, Chicago, IL 60614

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APN: 14-32-409-005-0000

849 W Armitage Ave, Chicago, IL 60614

Lot

Land Use
Multi Family (General)
Lot Area (SF)
Lot Area (Acres)
Zoning
Frontage
Depth

Building

Year Built
Year Renovated
Stories
Number of Buildings
Existing Floor Area Ratio
Commercial Units
Residential Units
Total Units
Building Area
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Reported Ownership

Reported Owner
Mailing Address

Contact Information

Phone Number
Email Address
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Recorded Sales

Date Sales Price Buyer Seller Sales Doc # Multi-Property Sale
2015-09-21
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Mortgage Records

Date Lender(s) Amount Doc # Maturity Date Crossed-Debt Parcels
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Tax Data

2017
Total Assessed Value
Assessed Land Value
Assessed Improvement Value
Total Market Value
Land Market Value
Improvements Market Value
Tax Amount
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Popular searches around Chicago

Reonomy operates the most comprehensive database for Chicago Apartment Building and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Chicago commercial real estate professionals. Members from Chicago include brokers, investors and service providers, many of whom specialize in Chicago Apartment Building.

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Chicago apartment building sold prices and values

The average assessed value of apartment buildings in Chicago is $37,737. Apartment building sale prices in Chicago have a median of $278,997. The last 24 months of sales history has seen 13,807 sales, with 7,558 sales greater than $250,000, 1,402 sales valued at over $1,000,000, and 88 sales valued at over $10,000,000. The average price per square foot of apartment buildings in Chicago over the last 24 months is $96.

Values and sold prices (last 24 months) United States Illinois Chicago
Average price/sqft $1,812 $399 $174
Median price/sqft $97 $96 $96
Average sold price $3,781,333 $1,711,710 $810,349
Median sold price $287,981 $290,106 $278,997
Number of sales 150,727 19,245 13,807
Number of sales over $250k 82,594 10,880 7,558
Number of sales over $1m 34,696 2,364 1,402
Number of sales over $10m 8,788 467 88
Average total tax amount $22,289 $9,319 $7,547
Average assessed value $981,863 $51,530 $37,737
Average market value $1,239,231 $396,105 $374,995

Chicago apartment building property averages

The average lot size of apartment buildings in Chicago is 3,665 sf. This is 2% below the Illinois average. The average building area is 64 sf and the median year built is 1909.

Property averages United States Illinois Chicago
Average lot size 146,386 sf 22,903 sf 4,248 sf
Median lot size 7,844 sf 3,750 sf 3,665 sf
Average building area 724 sf 162 sf 106 sf
Median building area 63 sf 65 sf 64 sf
Median year built 1954 1913 1909
Average number of units 20 4 3
Median number of units 4 2 2

Chicago apartment building total supply

There are 149,170 apartment buildings in Chicago. This is 32% below the Illinois average. The total acerage is 13,577 acres and the aggregate building area for apartment buildings in Chicago is 8,343,245 sf.

Supply United States Illinois Chicago
Number of parcels 1,601,617 206,313 149,170
Aggregate lot acerage 24,651,915 141,359 13,577
Aggregate building area 508,103,104 sf 17,049,525 sf 8,343,245 sf
Aggregate units 17,785,270 763,478 544,975

Chicago apartment building industrial mortgages

There are 727,214 mortgages for apartment buildings across Chicago in the Reonomy database. The average value of those mortgages is $458,977. This is 46% below the Illinois average.

Debt United States Illinois Chicago
Number of mortgages 4,088,121 924,894 727,214
Average value of mortgages $2,188,774 $739,627 $458,977

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