540 Hinman Ave Unit 7 Evanston, IL 60202
Southeast Evanston NeighborhoodEstimated payment $2,609/month
Highlights
- Landscaped Professionally
- 2-minute walk to South Boulevard Station
- Property is near park
- Lincoln Elementary School Rated A
- Lock-and-Leave Community
- 1-minute walk to Vera Megowan Park
About This Home
Welcome to this bright top-floor 3-bedroom, 2-bath lofted condo in one of Evanston's most convenient and walkable locations. The home offers approximately 1,150 square feet of living space plus a 150-square-foot loft, providing around 1,300 square feet of usable space. Its smart split floor plan feels spacious, flexible, and comfortable for everyday living. The open living, dining, and kitchen layout flows naturally for both relaxing and entertaining, while vaulted ceilings and hardwood floors throughout add warmth and character. Accessed by a classic wooden ladder, the loft offers flexible space for storage, a reading area, home office, or sleeping nook. The ladder access can also be easily blocked off for toddlers or small children. The updated kitchen features premium granite countertops, a pantry, and an instant filtered hot and cold water dispenser. The home also includes a high-end, energy-efficient LG washer/dryer combo unit, which can be replaced with separate or stackable units using the existing hookups. Newer light fixtures and ceiling fans are found throughout, along with smart light and fan switches and pre-wiring for a smart thermostat. Step outside onto the semi-private balcony and deck overlooking quiet Megowen Park, with peaceful eastern sunrise views toward Hinman Street. A playground and green space sit directly behind the building, while Lake Michigan's South Beach is also within walking distance. Trader Joe's, Jewel-Osco, restaurants, coffee shops, shopping, and entertainment are just a few blocks away. Both the CTA Purple Line at South Boulevard and the Metra Main Street station are only a quick 3-5-minute walk, providing easy access south into Chicago or north toward Ravinia Festival. Additional features include one deeded parking space, guest parking, gated entry with camera intercom, a double storage unit, low assessments, and a pet-friendly, investor-friendly building. The condo is currently vacant and move-in ready. Some listing photos show the home furnished to help illustrate the layout and possibilities of each room. This home offers a comfortable Evanston setting near Lincoln Elementary School, Northwestern University, parks, transit, the lakefront, and everyday conveniences.
Listing Agent
Coldwell Banker Realty Brokerage Phone: (847) 733-9999 License #475193420 Listed on: 06/25/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,176
Year Built
- Built in 1965
Lot Details
- Landscaped Professionally
- Additional Parcels
HOA Fees
- $339 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,150 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Family Room
- Living Room
- Dining Room
- Loft
- Wood Flooring
- Intercom
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 1 Parking Space
- Parking Available
- Driveway
- Off Alley Parking
Schools
- Lincoln Elementary School
- Nichols Middle School
- Evanston Twp High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Steam
- Heating System Uses Natural Gas
- 100 Amp Service
- Lake Michigan Water
- Cable TV Available
Additional Features
- Covered Patio or Porch
- Property is near park
Community Details
Overview
- Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 9 Units
- Contact Association
- Low Rise
- Lock-and-Leave Community
Amenities
- Common Area
- Community Storage Space
Recreation
- Bike Trail
Pet Policy
- Pets up to 99 lbs
- Dogs and Cats Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,735 | $20,264 | $3,573 | $16,691 |
| 2024 | $3,735 | $18,743 | $3,019 | $15,724 |
| 2023 | $3,869 | $20,077 | $3,019 | $17,058 |
| 2022 | $3,869 | $20,077 | $3,019 | $17,058 |
| 2021 | $2,798 | $13,875 | $1,610 | $12,265 |
| 2020 | $2,821 | $13,875 | $1,610 | $12,265 |
| 2019 | $2,722 | $15,047 | $1,610 | $13,437 |
| 2018 | $2,897 | $14,010 | $1,358 | $12,652 |
| 2017 | $2,838 | $14,010 | $1,358 | $12,652 |
| 2016 | $3,546 | $14,010 | $1,358 | $12,652 |
| 2015 | $4,154 | $15,493 | $1,132 | $14,361 |
| 2014 | $3,432 | $15,493 | $1,132 | $14,361 |
| 2013 | $3,338 | $15,493 | $1,132 | $14,361 |
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 |
|---|---|---|---|---|
| 07/16/2026 07/16/26 | Price Changed | $389,000 | -2.5% | $338 / Sq Ft |
| 06/25/2026 06/25/26 | For Sale | $399,000 | 0.0% | $347 / Sq Ft |
| 12/11/2020 12/11/20 | Rented | $2,000 | 0.0% | -- |
| 12/01/2020 12/01/20 | For Rent | $2,000 | -- | -- |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $152,000 | Ct | |
| Deed In Lieu Of Foreclosure | -- | None Available | |
| Warranty Deed | $250,000 | Residential Title Services | |
| Trustee Deed | $167,000 | -- | |
| Trustee Deed | $567,000 | -- | |
| Trustee Deed | $587,000 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $119,700 | New Conventional | |
| Closed | $126,318 | New Conventional | |
| Closed | $128,900 | New Conventional | |
| Previous Owner | $273,900 | Negative Amortization | |
| Previous Owner | $15,000 | Credit Line Revolving | |
| Previous Owner | $233,750 | Stand Alone First | |
| Previous Owner | $225,000 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12623941
APN: 11-19-413-030-1007
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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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Ask me questions while you tour the home.