NOT LISTED FOR SALE

540 W Oakdale Ave Unit 3E Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $696,000 - $806,042

3 Beds
2 Baths
2,000 Sq Ft
$441/mo HOA Fee

Last Sold October 02, 2023

Last sale price $725,000 $362 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,379/month

Highlights

  • Rooftop Deck
  • Wood Flooring
  • Balcony
  • Nettelhorst Elementary School Rated A-
  • Whirlpool Bathtub
  • 1 Car Detached Garage

About This Home

As of October 2023

Oversized and meticulously maintained 2,000 sqft, 3 bedroom, 2 bath home on a quiet one-way tree lined street in beautiful East Lakeview. This third floor, extra wide and sun-drenched unit lives like a single-family home with elevator access. The unit features a very generous sized living and dining room with a cozy gas fireplace and bright south windows. Redone in 2019, the open kitchen has waterfall quartz countertops, separate island, farm sink, built in barn wood shelving, tiled backsplash and stainless steel appliances. The primary suite has abundant closet space with access to the balcony with new sliding doors as well as a spacious bathroom with a soaking tub, separate shower and dual vanities. Renovated guest bedroom plus third bedroom with French doors and bathroom with new tile and vanity. New LG washer and dryer installed in 2020. Garage parking and a large shared rooftop deck make this the perfect home. Very walkable and desirable location just steps to Starbucks, the lake, Mariano's and all the restaurants and shops along Broadway and Clark. Less than 10 minutes to Trader Joes, Target and the Wellington el stop.

Last Agent to Sell the Property

Andrew Gersten

@properties Christie's International Real Estate Listed on: 08/23/2023

@properties Christie's International Real Estate

Co-Listed By

Lucas Baker

@properties Christie's International Real Estate License #475168637

Last Buyer's Agent

Hayley Westhoff

Compass License #475160313

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,853

Year Built

  • Built in 1999

Lot Details

  • 7,057

HOA Fees

  • $441 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Interior Spaces

  • 2,000 Sq Ft Home
  • 4-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

  • Nettelhorst Elementary School
  • Lake View High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, scavenger, snow removal
  • 10 Units

Pet Policy

  • Cats Allowed

Additional Features

  • Storm Screens
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,853

Year Built

Built in 1999

Lot Details

0

HOA Fees

$441 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 2000
  • Other Equipment: Humidifier
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, Storms/Screens
  • List Price: 715000
  • Waterfront: No
  • Exterior Building Type: Brick,Block

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 441
  • Association Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: N/A
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Scavenger, Snow Removal

Schools

  • Elementary School: Nettelhorst Elementary School
  • High School: Lake View High School
  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 9853.23
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2025
Sold by
Stephenson Thomas and Stephenson Tara
Bought by
Thomas A Stephenson Trust and Tara A Stephenson Trust
Current Estimated Value
$768,761

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 26, 2023
Sold by
Alore Patrick L
Bought by
Stephenson Thomas and Stephenson Tara
Seller's Agent
Andrew Gersten
@properties Christie's International Real Estate
Buyer's Agent
Hayley Westhoff
Compass
List Price
$715,000
Sold Price
$725,000
Premium/Discount to List
$10,000
1.4%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%

Purchase Details

Listed on
Jul 14, 2021
Closed on
Sep 21, 2021
Sold by
Hudgens Meredith
Bought by
Alore Patrick L
Seller's Agent
Jonathan Stein
Fulton Grace Realty
Buyer's Agent
Andrew Gersten
@properties Christie's International Real Estate
List Price
$649,000
Sold Price
$630,000
Premium/Discount to List
-$19,000
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$504,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2018
Sold by
Kalfas David A
Bought by
Hudgens Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2001
Sold by
Secrest Allen and Kalfas David A
Bought by
Kalfas David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.68%

Purchase Details

Closed on
Jul 7, 2000
Sold by
B & D Development Llc
Bought by
Secrest Allen and Kalfas David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7.87%
Source: Public Records

Range of Values:

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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
Thomas A Stephenson Trust -- None Listed On Document
Stephenson Thomas $725,000 Proper Title
Alore Patrick L $630,000 Stewart Title Guaranty Co
Hudgens Meredith $555,000 Chicago Title Insurance Comp
Kalfas David A -- Chicago Title Insurance Co
Secrest Allen $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alore Patrick L $504,000
Previous Owner Hudgens Meredith $410,000
Previous Owner Hudgens Meredith $414,000
Previous Owner Hudgens Meredith $416,250
Previous Owner Kalfas David A $417,000
Previous Owner Kalfas David A $307,400
Previous Owner Kalfas David $260,000
Previous Owner Kalfas David A $322,700
Previous Owner Kalfas David A $30,000
Previous Owner Kalfas David A $395,000
Previous Owner Secrest Allen $392,000
Previous Owner Secrest Allen $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $725,000 +1.4% $363 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $715,000 +13.5% $358 / Sq Ft
09/24/2021 09/24/21 Sold $630,000 -2.9% $315 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $649,000 +16.9% $325 / Sq Ft
01/11/2019 01/11/19 Sold $555,000 -3.5% $278 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $575,000 -- $288 / 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 $9,079 $65,637 $10,053 $55,584
2023 $10,078 $49,001 $8,108 $40,893
2022 $10,078 $49,001 $8,108 $40,893
2021 $9,853 $48,999 $8,107 $40,892
2020 $10,082 $45,259 $5,350 $39,909
2019 $9,270 $49,569 $5,350 $44,219
2018 $9,113 $49,569 $5,350 $44,219
2017 $8,557 $43,125 $4,702 $38,423
2016 $8,137 $43,125 $4,702 $38,423
2015 $7,422 $43,125 $4,702 $38,423
2014 $7,151 $41,113 $3,851 $37,262
2013 $6,999 $41,113 $3,851 $37,262
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11859295

Midwest Real Estate Data (MRED)

APN: 14-28-112-030-1007