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 $37,755. Apartment building sale prices in Chicago have a median of $285,008. The last 24 months of sales history has seen 14,132 sales, with 7,874 sales greater than $250,000, 1,454 sales valued at over $1,000,000, and 105 sales valued at over $10,000,000. The average price per square foot of apartment buildings in Chicago over the last 24 months is $98.

Values and sold prices (last 24 months) United States Illinois Chicago
Average price/sqft $1,963 $421 $176
Median price/sqft $98 $98 $98
Average sold price $3,796,578 $1,707,996 $861,993
Median sold price $289,455 $295,029 $285,008
Number of sales 149,708 19,097 14,132
Number of sales over $250k 82,319 10,948 7,874
Number of sales over $1m 34,368 2,338 1,454
Number of sales over $10m 8,812 456 105
Average total tax amount $22,374 $9,299 $7,549
Average assessed value $996,094 $51,607 $37,755
Average market value $1,258,417 $396,692 $375,143

Chicago apartment building property averages

The average lot size of apartment buildings in Chicago is 3,666 sf. This is 2% below the Illinois average. The average building area is 65 sf and the median year built is 1908.

Property averages United States Illinois Chicago
Average lot size 149,428 sf 23,285 sf 4,248 sf
Median lot size 7,850 sf 3,750 sf 3,666 sf
Average building area 748 sf 164 sf 107 sf
Median building area 64 sf 66 sf 65 sf
Median year built 1954 1913 1908
Average number of units 19 4 3
Median number of units 4 2 2

Chicago apartment building total supply

There are 149,174 apartment buildings in Chicago. This is 32% below the Illinois average. The total acerage is 13,574 acres and the aggregate building area for apartment buildings in Chicago is 8,462,027 sf.

Supply United States Illinois Chicago
Number of parcels 1,597,664 206,309 149,174
Aggregate lot acerage 25,081,703 143,007 13,574
Aggregate building area 523,773,677 sf 17,298,772 sf 8,462,027 sf
Aggregate units 17,184,221 763,703 543,262

Chicago apartment building industrial mortgages

There are 729,465 mortgages for apartment buildings across Chicago in the Reonomy database. The average value of those mortgages is $462,185. This is 33% below the Illinois average.

Debt United States Illinois Chicago
Number of mortgages 4,122,272 927,964 729,465
Average value of mortgages $2,170,029 $647,942 $462,185

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