$565,000
SOLD JUN 30, 2025

540 W Belden Ave Unit 1A Chicago, IL 60614

Lincoln Park Neighborhood
2 Beds
1.5 Baths
-- Sq Ft
$585/mo HOA Fee

Recently Sold

4% Above List Price

7 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Formal Dining Room
  • Abraham Lincoln Elementary School Rated A-
  • Den
  • 3-minute walk to Mid-North Park

About This Home

As of June 2025

5/31 OH CANCELLED!!Historically significant duplex down in a 1800s Lincoln Park mansion-conversion to "Manor Homes on Belden". Original brick, stained glass and south facing windows flank this unique split level 2bed/1.5ba fully updated floorplan creating the most distinctive condo on picturesque, tree lined, Belden St. Nearly the entire condo has been updated in last 4 years. Modern neutral colored wood floors flow throughout all spaces of the home. The upstairs bath was gutted in 2024. Now featuring dual vanity sink, double medicine cabinet mirrors, luxurious steam shower and accent tilework. Custom painting of ceilings and walls in entire condo, solid wood doors and trim in the entry and den, an updated downstairs floorplan and a brand-new kitchen + pantry installed in 2024. Off the downstairs living room, the next owner has an opportunity to switch the lower window to a sliding door to give better access to patio space. There is an additional private outdoor space near the parking spot, for a grill or plants. Exterior Parking included. Laundry located directly outside the unit's interior back door. In-unit can be installed. This location is not to be beat. Walking distance to restaurants, shops, Lincoln Commons, the lake path and more. 0.5 miles to the Fullerton red/brown line stops.

Last Agent to Sell the Property

Michaela Gordon

@properties Christie's International Real Estate License #475159098 Listed on: 05/23/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Amy Meliker

@properties Christie's International Real Estate License #475167454

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,345

Year Built

  • Built in 1886 | Remodeled in 2007

HOA Fees

  • $585 Monthly HOA Fees

Home Design

  • Stone Siding

Interior Spaces

  • 3-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den
  • Library with Fireplace
  • Storage
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Dual Sinks

Parking

  • 1 Parking Space
  • Off-Street Parking
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, parking, insurance, exercise facilities, scavenger
  • 12 Units
  • Debra Russo Association, Phone Number (312) 335-1950
  • Property managed by First Service Residential

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Fitness Center
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,345

Year Built

Built in 1886 | Remodeled in 2007

Lot Details

0

HOA Fees

$585 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Condo-Duplex
  • Year Built: 1886
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2007
  • New Construction Y/N: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2007

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Sauna, Storage
  • Room Type: Den
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Den/Library
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Stone
  • List Price: 545000
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley, Off Street, On Site, Owned
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Common Area, Laundry Closet
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 585
  • Association Amenities: Bike Room/Bike Trails, Exercise Room, Storage, Laundry
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: First Service Residential
  • Management Contact Name: Debra Russo
  • Management Phone: 312-335-1950

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exercise Facilities, Scavenger

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 10345
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
Jun 25, 2025
Sold by
Elliott Tracy L
Bought by
Imler Kathryn and Cotter Kaelan
Seller's Agent
Michaela Gordon
@properties Christie's International Real Estate
Buyer's Agent
Amy Meliker
@properties Christie's International Real Estate
List Price
$545,000
Sold Price
$565,000
Premium/Discount to List
$20,000
3.67%
Views
277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-24.63%
Original Mortgage
$365,000
Outstanding Balance
$365,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$181,148

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 25, 2021
Sold by
Arredia Emily M
Bought by
Ellio Tracy
Seller's Agent
Ashley Donat
Compass
Buyer's Agent
Michaela Gordon
@properties Christie's International Real Estate
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$391,500
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2007
Sold by
538 & 540 Belden Llc
Bought by
Arredia Emily M

Purchase Details

Closed on
May 25, 2007
Sold by
538-540 Belden Llc
Bought by
Aronin Brooke
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $565,000 Chicago Title
Warranty Deed $435,000 Proper Title Llc
Special Warranty Deed $455,000 Near North National Title
Special Warranty Deed $330,000 Near North National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $365,000 New Conventional
Previous Owner $68,500 Credit Line Revolving
Previous Owner $391,500 New Conventional
Previous Owner $149,434 Unknown
Previous Owner $155,000 Unknown
Previous Owner $162,745 Unknown
Previous Owner $150,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $565,000 +3.7% --
05/30/2025 05/30/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $545,000 +25.3% --
06/01/2021 06/01/21 Sold $435,000 -1.1% --
04/16/2021 04/16/21 For Sale -- -- --
04/12/2021 04/12/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $440,000 -- --
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 $10,346 $49,389 $12,951 $36,438
2023 $10,086 $49,036 $10,444 $38,592
2022 $10,086 $49,036 $10,444 $38,592
2021 $9,860 $49,035 $10,444 $38,591
2020 $9,588 $43,042 $9,191 $33,851
2019 $9,392 $46,749 $9,191 $37,558
2018 $9,235 $46,749 $9,191 $37,558
2017 $8,944 $41,550 $7,519 $34,031
2016 $8,322 $41,550 $7,519 $34,031
2015 $7,614 $41,550 $7,519 $34,031
2014 $7,252 $39,086 $5,639 $33,447
2013 $7,109 $39,086 $5,639 $33,447
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12368625

Midwest Real Estate Data (MRED)

APN: 14-33-104-093-1001