NOT LISTED FOR SALE

540 Michigan Ave Unit 540 Evanston, IL 60202

Southeast Evanston Neighborhood

Estimated Value: $259,000 - $291,000

2 Beds
-- Bath
1,200 Sq Ft
$229/Sq Ft Est. Value

About This Home

This home is located at 540 Michigan Ave Unit 540, Evanston, IL 60202 and is currently estimated at $274,713, approximately $228 per square foot. 540 Michigan Ave Unit 540 is a home located in Cook County with nearby schools including Lincoln Elementary School, Washington Elementary School, and Nichols Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
Weber Chester H and Sinkler-Weber Laura
Bought by
Acree Debra
Current Estimated Value
$274,713

Purchase Details

Closed on
Oct 31, 2007
Sold by
Fannie Mae
Bought by
Weber Chester H and Weber Laura Sinkler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2007
Sold by
Depaepe Steven P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 20, 2001
Sold by
Depaepe Shawn M
Bought by
Depaepe Steven P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.62%

Purchase Details

Closed on
Sep 10, 1998
Sold by
Depaepe Steven P and Depaepe Shawn M
Bought by
Depaepe Steven P and Depaepe Shawn M

Purchase Details

Closed on
Sep 15, 1995
Sold by
Hearthstone Inc
Bought by
Depaepe Steven P and Real Shawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Acree Debra $265,000 None Listed On Document
Weber Chester H -- First American
Federal National Mortgage Association -- None Available
Depaepe Steven P -- --
Depaepe Steven P -- --
Depaepe Steven P $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weber Chester $153,420
Previous Owner Weber Chester H $164,000
Previous Owner Depaepe Steven P $0
Previous Owner Depaepe Steven P $188,000
Previous Owner Depaepe Steven P $176,000
Previous Owner Depaepe Steven P $75,000
Previous Owner Depaepe Steven P $84,000
Source: Public Records

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 $4,070 $16,814 $2,118 $14,696
2023 $3,905 $16,814 $2,118 $14,696
2022 $3,905 $16,814 $2,118 $14,696
2021 $3,519 $13,260 $1,129 $12,131
2020 $3,472 $13,260 $1,129 $12,131
2019 $3,369 $14,380 $1,129 $13,251
2018 $4,052 $14,790 $953 $13,837
2017 $3,946 $14,790 $953 $13,837
2016 $3,743 $14,790 $953 $13,837
2015 $3,625 $13,518 $794 $12,724
2014 $3,590 $13,518 $794 $12,724
2013 $3,508 $13,518 $794 $12,724
Source: Public Records

Map

Illinois Cook County Evanston 60202 Southeast Evanston

540 Michigan Ave Unit 540, Evanston, IL

This home is located at 540 Michigan Ave Unit 540, Evanston, IL 60202 and is currently estimated at $274,713, approximately $228 per square foot. 540 Michigan Ave Unit 540 is a home located in Cook County with nearby schools including Lincoln Elementary School, Washington Elementary School, and Nichols Middle School.

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.

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