NOT LISTED FOR SALE

401 W Webster Ave Unit 508 Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $398,427 - $431,000

2 Beds
1 Bath
1,100 Sq Ft
0.32 Acres

Last Sold November 28, 2018

Last sale price $305,000 $277 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,846/month

Highlights

  • Baseboard Heating
  • Abraham Lincoln Elementary School Rated A-
  • 2-minute walk to Mid-North Park

About This Home

As of February 2024

Top floor, 2 bed/1 bath elevator condo building in Lincoln Park. Open concept kitchen (fully renovated in 2010 with grey and cranberry granite, stainless steel appliances, under-mount sink, garbage disposal and modern backsplash) opens to dining space for full dining table. Large living space with brick wood burning fireplace and private balcony large enough for grill and sitting area.

Last Agent to Rent the Property

Curt Krolak

Safe Harbor Realty LLC License #475198246 Listed on: 01/14/2024

Co-Listed By

Edward Reagan

Safe Harbor Realty LLC License #471005328

Last Renter's Agent

Ben Baran

@properties Christie's International Real Estate License #475194343

@properties Christie's International Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,667

Year Built

  • Built in 1969 | Remodeled in 2010

Lot Details

  • 0.32

Home Design

  • 1,100 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

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

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 1/9/24
  • Rent includes water, scavenger, exterior maintenance, lawn care, snow removal

Community Details

Pet Policy

  • No Pets Allowed

Overview

  • 5-Story Property

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,667

Year Built

Built in 1969 | Remodeled in 2010

Lot Details

0

Rental Info

  • Available Date: 2024-01-09
  • Board Number: 8
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 2750
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1969
  • 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): Yes
  • Unit Floor Level: 5
  • Rehab Year: 2010
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Renovated: 2010

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1100
  • Room Type: No additional rooms
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 2750
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 1
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Heating: Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Rent Includes: Water, Scavenger, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2018
Closed on
Nov 28, 2018
Sold by
Kitto Elizabeth E
Bought by
Brave Island Gold Coast Llc
Seller's Agent
Brittany Bussell
@properties Christie's International Real Estate
Buyer's Agent
Edward Reagan
Safe Harbor Realty LLC
List Price
$330,000
Sold Price
$305,000
Premium/Discount to List
-$25,000
-7.58%
Current Estimated Value
$420,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,357
Avg. Annual Appreciation
4.87%

Purchase Details

Listed on
Dec 11, 2012
Closed on
Feb 11, 2013
Sold by
Holland Elizabeth E and Unangst Daniel S
Bought by
Kitto Elizabeth E
Seller's Agent
Quin O'Brien
4 Sale Realty Advantage
Buyer's Agent
Lindsey Stewart
Berkshire Hathaway HomeServices KoenigRubloff
List Price
$324,900
Sold Price
$310,000
Premium/Discount to List
-$14,900
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.28%
Original Mortgage
$210,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2009
Sold by
Gunlicks Nissa and Gunlicks William L
Bought by
Holland Elizabeth E and Unangst Daniel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,500
Interest Rate
4.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 16, 2004
Sold by
Abrams Robert G and Abrams Katie G
Bought by
Gunlicks Nissa C and Gunlicks William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2003
Sold by
Abrams Robert G
Bought by
Abrams Robert G and Abrams Katie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 29, 2000
Sold by
Panton Thomas P and Cullen Colleen M
Bought by
Abrams Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
8.55%

Purchase Details

Closed on
Oct 15, 1992
Sold by
Panton Thomas P
Bought by
Panton Thomas P and Cullen Colleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.28%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brave Island Gold Coast Llc $305,000 Chicago Title
Kitto Elizabeth E $310,000 American Land Title Associat
Holland Elizabeth E $310,000 Chicago Title Insurance Co
Gunlicks Nissa C $288,000 Multiple
Abrams Robert G -- Ticor Title Insurance
Abrams Robert G -- Ticor Title Insurance
Panton Thomas P -- Ati Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kitto Elizabeth E $210,000
Previous Owner Holland Elizabeth E $15,500
Previous Owner Holland Elizabeth E $232,500
Previous Owner Gunlicks Nissa C $224,500
Previous Owner Gunlicks Nissa C $230,400
Previous Owner Abrams Robert G $200,000
Previous Owner Abrams Robert G $203,600
Previous Owner Abrams Robert G $204,250
Previous Owner Panton Thomas P $25,000
Previous Owner Panton Thomas P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Rented $2,750 0.0% --
01/22/2024 01/22/24 Off Market $2,750 -- --
01/14/2024 01/14/24 For Rent $2,750 0.0% --
11/28/2018 11/28/18 Sold $305,000 +12100.0% $305 / Sq Ft
11/10/2018 11/10/18 Pending -- -- --
09/15/2018 09/15/18 Rented $2,500 0.0% --
09/09/2018 09/09/18 For Sale $330,000 0.0% $330 / Sq Ft
08/31/2018 08/31/18 For Rent $2,300 0.0% --
08/31/2018 08/31/18 Off Market $2,300 -- --
08/21/2018 08/21/18 For Rent $2,300 0.0% --
03/08/2013 03/08/13 Sold $310,000 -4.6% $310 / Sq Ft
12/23/2012 12/23/12 Pending -- -- --
12/11/2012 12/11/12 For Sale $324,900 -- $325 / 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 $6,667 $33,054 $8,304 $24,750
2023 $6,499 $31,600 $6,697 $24,903
2022 $6,499 $31,600 $6,697 $24,903
2021 $6,354 $31,599 $6,696 $24,903
2020 $6,035 $27,090 $5,893 $21,197
2019 $5,912 $29,424 $5,893 $23,531
2018 $5,134 $29,424 $5,893 $23,531
2017 $5,239 $27,710 $4,821 $22,889
2016 $5,050 $27,710 $4,821 $22,889
2015 $4,597 $27,710 $4,821 $22,889
2014 $5,055 $27,245 $3,616 $23,629
2013 $4,477 $27,245 $3,616 $23,629
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11958742

Midwest Real Estate Data (MRED)

APN: 14-33-124-050-1035