NOT LISTED FOR SALE

401 W Webster Ave Unit 201 Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $433,000 - $658,000

2 Beds
2 Baths
-- Sq Ft
$463/mo HOA Fee

Last Sold June 30, 2022

Last sale price $395,000

Est. 25% increase in value since last sale

Current estimated payment $3,683/month

5 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Stainless Steel Appliances
  • Abraham Lincoln Elementary School Rated A-
  • Granite Countertops
  • 2-minute walk to Mid-North Park

About This Home

As of June 2022

One of the best 2 bed/2 bath values in East Lincoln Park and in an elevator building! Largest unit in the building with a versatile, split floorplan for maximum privacy and perfect for a roommate. Each bedroom has its own en-suite bathroom. The kitchen was rehabbed and expanded to create a larger, open concept with stainless steel appliances, breakfast bar, and plenty of granite countertop and cabinet space. There is also room for additional seating or a pantry. Other features include exposed brick walls, a wood-burning fireplace, hardwood floors throughout, a private east facing balcony on quiet Sedgwick Street, in-unit washer/dryer, and extra closet space. Additional private storage and a covered parking space included in the price seals the deal. Professionally managed and financially solid association. Low assessments and real estate taxes makes this unit cheaper than renting, and perfect for the first-time buyer. Monthly assessments even include heat, gas, RCN cable, and internet. Ideally located one block west of Clark on Webster, steps from Lake Michigan, Lincoln Park Zoo, public transportation, restaurants and all that Lincoln Park has to offer.

Last Agent to Sell the Property

Dirk Gould

Dirk A. Gould Realty LLC License #471002128 Listed on: 05/12/2022

Last Buyer's Agent

Shawn Jones

Berkshire Hathaway HomeServices Chicago License #471006946

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,093

Year Built

  • Built in 1971

Lot Details

  • 0.32

HOA Fees

  • $463 Monthly HOA Fees

Interior Spaces

  • Open Floorplan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Steam
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 36 Units
  • Denise Roma Association, Phone Number (773) 545-6160
  • Property managed by Hallmark & Johnson
  • 5-Story Property

Amenities

  • Coin Laundry
  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Pet Deposit Required
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,093

Year Built

Built in 1971

Lot Details

0

HOA Fees

$463 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit, Storage, Open Floorplan, Dining Combo, Granite Counters
  • Room Type: Balcony/Porch/Lanai, Foyer
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • List Price: 380000
  • Waterfront: No
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Steam
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit
  • Association Fee: 463
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Hallmark & Johnson
  • Management Contact Name: Denise Roma
  • Management Phone: 773-545-6160
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: PER SURVEY
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5093.13
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 24, 2022
Sold by
Uher Scott J
Bought by
Shanbhogue Ahana and Shanbhogue Chitra
Seller's Agent
Dirk Gould
Dirk A. Gould Realty LLC
Buyer's Agent
Shawn Jones
Berkshire Hathaway HomeServices Chicago
List Price
$380,000
Sold Price
$395,000
Premium/Discount to List
$15,000
3.95%
Current Estimated Value
$493,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,118
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Aug 1, 2007
Sold by
Hutchinson Laura M
Bought by
Uher Scott J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2005
Sold by
Shields Kathleen A and Shields Timothy P
Bought by
Hutchinson Laura M

Purchase Details

Closed on
Apr 28, 1997
Sold by
Zak Donna M
Bought by
Skalitzky Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.37%
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
Shanbhogue Ahana $592,500 Mazek Michael
Uher Scott J $310,000 Mgr
Hutchinson Laura M $336,000 Professional National Title
Skalitzky Kathleen A $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Uher Scott J $250,000
Previous Owner Uher Scott J $259,000
Previous Owner Uher Scott J $268,000
Previous Owner Uher Scott J $27,000
Previous Owner Uher Scott J $248,000
Previous Owner Uher Scott J $46,500
Previous Owner Skalitzky Kathleen A $74,100
Previous Owner Skalitzky Kathleen A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $395,000 +3.9% --
05/18/2022 05/18/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $380,000 -- --
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 $6,390 $31,680 $7,959 $23,721
2023 $5,526 $30,286 $6,418 $23,868
2022 $5,526 $30,286 $6,418 $23,868
2021 $5,421 $30,286 $6,418 $23,868
2020 $5,093 $25,965 $5,648 $20,317
2019 $4,977 $28,201 $5,648 $22,553
2018 $4,892 $28,201 $5,648 $22,553
2017 $4,991 $26,558 $4,621 $21,937
2016 $4,819 $26,558 $4,621 $21,937
2015 $4,386 $26,558 $4,621 $21,937
2014 $4,368 $26,112 $3,465 $22,647
2013 $4,749 $26,112 $3,465 $22,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11402445

Midwest Real Estate Data (MRED)

APN: 14-33-124-050-1001