NOT LISTED FOR SALE

1040 Chestnut Ave Wilmette, IL 60091

Wilmette Area

Estimated Value: $4,309,000 - $5,012,000

7 Beds
8 Baths
6,688 Sq Ft
$684/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2016

Last sale price $3,255,000 $487 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $32,803 / mo

Highlights

  • In a Historic District
  • Heated Floors
  • Recreation Room
  • Central Elementary School Rated A
  • Landscaped Professionally
  • Whirlpool Bathtub

About This Home

As of May 2016

Prominent Wilmette Treasure on approx 1.5acres in East Wilmette. Sold before processing.

Last Agent to Sell the Property

Lori Neuschel

@properties Christie's International Real Estate License #475131823 Listed on: 02/17/2016

@properties Christie's International Real Estate

Last Buyer's Agent

Debbie Magnusen

@properties Christie's International Real Estate License #475103747

@properties Christie's International Real Estate

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • 1926

Lot Details

  • 1.42

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Circular Driveway
  • Brick Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • Wet Bar
  • Mud Room
  • Entrance Foyer
  • Sitting Room
  • Breakfast Room
  • Home Office
  • Recreation Room
  • Game Room

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Double Oven
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Patio
  • Terrace
  • Outdoor Grill

Utilities

  • SpacePak Central Air
  • Radiator
  • Hot Water Heating System
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Landscaped Professionally
  • In a Historic District

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1926

Lot Details

1.42 Acres

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Train, Historical District
  • Age: 81-90 Years
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5.3
  • Type Detached: 3 Stories
  • Estimated Year Built: 1926
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1926

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, Heated Floors, 2nd Floor Laundry
  • Number Of Rooms: 16
  • Living Room: Dimensions: 30X18, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Attic: Finished, Interior Stair
  • Fireplace Location: Living Room, Basement
  • Basement: Partially Finished, Exterior Access
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 7
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Steam Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 7
  • Laundry: Dimensions: 20X8, On Level: 2nd Level
  • Dining Room: Dimensions: 24X17, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 20X13, On Level: Main Level, Flooring: Stone
  • Kitchen Type: Eating Area-Table Space, Island, Pantry-Butler, Pantry-Closet
  • Additional Rooms: 5th Bedroom, 6th Bedroom, 7th Bedroom, Breakfast Room, Foyer, Game Room, Mud Room, Office, Recreation Room, Sitting Room, Terrace
  • Master Bedroom: Dimensions: 19X17, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 18X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 20X17, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 17X15, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: 7th Bdrm, Dimensions: 16X12, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 4 Name: Breakfast Rm, Dimensions: 15X10, On Level: Main Level, Flooring: Porcelain Tile
  • Bedroom 4: Dimensions: 15X13, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 5 Name: Office, Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 6 Name: Recreation Rm, Dimensions: 28X18, On Level: Walkout Basement
  • Additional Room 7 Name: Game Rm, Dimensions: 18X18, On Level: Walkout Basement
  • Additional Room 8 Name: Sitting, Dimensions: 18X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 9 Name: Foyer, Dimensions: 22X16, On Level: Main Level, Flooring: Hardwood
  • Additional Room 10 Name: Bar, Dimensions: 17X17, On Level: Walkout Basement
  • Dining Room Type: Separate
  • Family Room: Dimensions: 20X19, On Level: Main Level, Flooring: Marble

Exterior Features

  • Foundation: Concrete
  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Brick
  • Roof Type: Tile
  • Exterior Property Features: Patio, Outdoor Grill
  • Acreage: 1.423

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Brick, Circular
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Space Pac
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam, Radiant, Radiators

Schools

  • Junior High Dist: 39

Lot Info

  • Lot Dimensions: 211X290
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 05273000890000

Tax Info

  • Taxes: 65161

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2019
Sold by
Chicago Title Land Trust Company
Bought by
Current Estimated Value
$4,663,376

Purchase Details

Listed on
Feb 17, 2016
Closed on
May 3, 2016
Sold by
Chicago Title Land Trust Co
Bought by
Chicago Title Land Trust Co
Seller's Agent
Lori Neuschel
@properties Christie's International Real Estate
Buyer's Agent
Debbie Magnusen
@properties Christie's International Real Estate
List Price
$3,250,000
Sold Price
$3,255,000
Premium/Discount to List
$5,000
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$1,500,000
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Wilmette, IL

  • Nancy Karp Real Estate Agent - @properties Christie's International Real Estate

    Nancy Karp

    @properties Christie's International Real Estate

    (224) 287-9730

    78 Total Sales

    3 in Wilmette

    $380K - $800K Price Range

    Nancy Karp
     Section Image
  • Terry Wilkowski Real Estate Agent - @properties Christie's International Real Estate

    Terry Wilkowski

    Responds Quickly

    @properties Christie's International Real Estate

    (224) 505-8476

    151 Total Sales

    1 in Wilmette

    $900,000 Price

    Terry Wilkowski
     Section Image
  • Alicja Skibicki Real Estate Agent - Baird & Warner

    Alicja Skibicki

    Responds Quickly

    Baird & Warner

    (224) 808-4960

    51 Total Sales

    6 in Wilmette

    $162K - $2.5M Price Range

    Alicja Skibicki
     Section Image
  • Cecille Plurad Real Estate Agent - Coldwell Banker Realty

    Cecille Plurad

    Coldwell Banker Realty

    (877) 761-6689

    182 Total Sales

    2 in Wilmette

    $191K - $420K Price Range

    Cecille Plurad
     Section Image
  • Kinga Korpacz Real Estate Agent - Exit Realty Redefined

    Kinga Korpacz

    Exit Realty Redefined

    (773) 492-8059

    240 Total Sales

    1 in Wilmette

    $540,000 Price

    Kinga Korpacz
     Section Image
  • Janice Goldblatt Real Estate Agent - @properties Christie's International Real Estate

    Janice Goldblatt

    @properties Christie's International Real Estate

    (224) 427-6497

    84 Total Sales

    11 in Wilmette

    $230K - $660K Price Range

    Janice Goldblatt
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Chicago Title Land Trust Co $3,255,000 Chicago Title Land Trust Com
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/03/2016 05/03/16 Sold $3,255,000 +0.2% $487 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $3,250,000 -- $486 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $84,874 $251,127 $136,374 $114,753
2024 $84,874 $251,127 $136,374 $114,753
2023 $80,292 $380,000 $185,964 $194,036
2022 $80,292 $380,000 $185,964 $194,036
2021 $63,684 $251,126 $136,373 $114,753
2020 $62,749 $251,126 $136,373 $114,753
2019 $61,544 $275,963 $136,373 $139,590
2018 $69,457 $295,383 $117,777 $177,606
2017 $67,549 $295,383 $117,777 $177,606
2016 $63,662 $295,383 $117,777 $177,606
2015 $66,203 $269,300 $96,081 $173,219
2014 $65,161 $269,300 $96,081 $173,219
2013 $63,619 $275,313 $96,081 $179,232
Source: Public Records

Agents Affiliated with this Home

  • Lori Neuschel Real Estate Agent - @ Properties

    Seller's Agent in 2016

    Lori Neuschel

    @ Properties

    (847) 226-5794

    60 Total Sales

    Lori Neuschel
    Section Image
  • Debbie Magnusen Real Estate Agent - @ Properties

    Buyer's Agent in 2016

    Debbie Magnusen

    @ Properties

    (847) 910-1130

    31 Total Sales

    Debbie Magnusen
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09143781

Midwest Real Estate Data (MRED)

APN: 05-27-300-089-0000

Illinois Cook County Wilmette 60043

1040 Chestnut Ave, Wilmette, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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