NOT LISTED FOR SALE

1005 W Webster Ave Unit 4E Chicago, IL 60614

Old Town Neighborhood

Estimated Value: $655,000 - $1,275,000

3 Beds
2 Baths
1,800 Sq Ft
$408/mo HOA Fee

Last Sold February 26, 2024

Last sale price $1,175,000 $653 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $6,273/month

13 Days on Market

Highlights

  • Rooftop Deck
  • 5-minute walk to Armitage Station
  • End Unit
  • Mayer Elementary School Rated A-
  • Heated Floors
  • Steam Shower

About This Home

As of February 2024

A rare find in the heart of Lincoln Park! Penthouse living in a boutique elevator building with two-car, heated garage parking and a spectacular, private rooftop terrace with stunning city skyline views. Bask in the city's splendor from this massive, professionally designed rooftop with Trex decking, a raised turf area, pergola, gas fire box, irrigation and abundant built-in seating. The oversized, gracious, three-bedroom, two-bathroom condo offers 10-foot ceilings and an open-living floor plan with a chef's kitchen outfitted with professional-grade, stainless-steel appliances and custom cabinetry. The building's prime corner location bathes the home in natural light with east and north-facing windows that frame the dining and living areas and offer compelling views of the neighborhood streetscape. A gas fireplace and built-in bar with wine and beverage refrigerators enhance entertaining and personal enjoyment. Hardwood floors, crown molding and millwork accents extend throughout the home and lead to the bedrooms and primary suite with a walk-in closet, ensuite bathroom with large shower, separate tub, heated floors and double vanities and a private terrace displaying the city amid a canopy of trees. Embrace idyllic Lincoln Park living in this intimate building with secured, attached garage parking steps from shops, restaurants, health clubs, parks and CTA brown and purple lines. The condo common areas and residence have been freshly painted. A new air-conditioning unit was installed in 2023 with new Trex decking on the back terrace in 2021. Two sets of enclosed common stairs connect the home to the private rooftop. The six-unit building is self-managed with no recent or planned specials.

Last Agent to Sell the Property

Cadey O'Leary

@properties Christie's International Real Estate License #475156224 Listed on: 01/08/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Ian Schwartz

Coldwell Banker Realty License #475101307

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,496

Year Built

  • Built in 2010

Lot Details

  • End Unit

HOA Fees

  • $408 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Bookcases
  • Dry Bar
  • Ceiling height of 10 feet or more
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Outdoor Grill

Schools

  • Oscar Mayer Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include insurance, exterior maintenance, scavenger
  • 8 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,496

Year Built

Built in 2010

Lot Details

0

HOA Fees

$408 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2010
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Trash Compactor, Stainless Steel Appliance(s), Wine Refrigerator, Other, Gas Cooktop, Intercom, Gas Oven, Range Hood
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Bar-Dry, Elevator, Hardwood Floors, Heated Floors, First Floor Laundry, Laundry Hook-Up in Unit, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot
  • LivingArea: 1800
  • Room Type: Deck
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Steam Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, Outdoor Grill, End Unit
  • List Price: 1150000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 408
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: Self
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Scavenger

Schools

  • Elementary School: Oscar Mayer Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Oscar Mayer Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 20495.63
  • Tax Year: 2022

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Doughie K Llc
Bought by
Doughie K Llc and Kleinrichert
Current Estimated Value
$900,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,290
Outstanding Balance
$622,779
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$267,640

Purchase Details

Listed on
Jan 8, 2024
Closed on
Feb 24, 2024
Sold by
Faris M Murad Living Trust
Bought by
Doughie K Llc
Seller's Agent
Cadey O'Leary
@properties Christie's International Real Estate
Buyer's Agent
Ian Schwartz
Coldwell Banker Realty
List Price
$1,150,000
Sold Price
$1,175,000
Premium/Discount to List
$25,000
2.17%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.09%

Purchase Details

Listed on
Mar 9, 2016
Closed on
Mar 21, 2016
Sold by
Smith Kevin B and Smith Cheryl B
Bought by
Murad Faris M and Faris M Murad Living Trust
Seller's Agent
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
Buyer's Agent
Daniel O'Donoghue
Compass
List Price
$1,195,000
Sold Price
$1,160,000
Premium/Discount to List
-$35,000
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.16%
Original Mortgage
$986,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2013
Closed on
Jul 16, 2013
Sold by
Wiggins Andrew J
Bought by
Smith Kevin B and Smith Cheryl B
Seller's Agent
Jeffrey Lowe
Compass
Buyer's Agent
Klopas Stratton Team
Jameson Sotheby's Int'l Realty
List Price
$949,000
Sold Price
$905,000
Premium/Discount to List
-$44,000
-4.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$680,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Doughie K Llc $643,500 Proper Title
Doughie K Llc $1,175,000 Proper Title
Murad Faris M $1,160,000 None Available
Smith Kevin B $905,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doughie K Llc $643,290
Previous Owner Murad Faris M $986,000
Previous Owner Smith Kevin B $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $1,175,000 +2.2% $653 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $1,150,000 0.0% $639 / Sq Ft
09/15/2019 09/15/19 Rented $5,400 -1.8% --
08/28/2019 08/28/19 For Rent $5,500 0.0% --
03/22/2016 03/22/16 Sold $1,160,000 -2.9% $644 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $1,195,000 +32.0% $664 / Sq Ft
07/22/2013 07/22/13 Sold $905,000 -2.2% $503 / Sq Ft
05/25/2013 05/25/13 Pending -- -- --
04/24/2013 04/24/13 Price Changed $925,000 -2.5% $514 / Sq Ft
03/26/2013 03/26/13 For Sale $949,000 -- $527 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,018 $117,500 $14,930 $102,570
2023 $20,496 $61,701 $13,839 $47,862
2022 $20,496 $99,647 $13,839 $85,808
2021 $20,038 $99,647 $13,839 $85,808
2020 $18,738 $84,115 $10,595 $73,520
2019 $18,355 $91,356 $10,595 $80,761
2018 $18,046 $91,356 $10,595 $80,761
2017 $17,348 $80,585 $8,668 $71,917
2016 $16,140 $80,585 $8,668 $71,917
2015 $16,040 $87,535 $8,668 $78,867
2014 $15,187 $81,851 $6,501 $75,350
2013 $14,887 $81,851 $6,501 $75,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11955114

Midwest Real Estate Data (MRED)

APN: 14-32-216-054-1005