NOT LISTED FOR SALE

540 W Oakdale Ave Unit 3W Chicago, IL 60657

Lakeview East Neighborhood

Estimated Value: $626,000 - $844,818

3 Beds
2 Baths
1,800 Sq Ft
$422/mo HOA Fee

Last Sold October 18, 2022

Last sale price $715,000 $397 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,513/month

75 Days on Market

Highlights

  • Penthouse
  • Deck
  • Whirlpool Bathtub
  • Nettelhorst Elementary School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of October 2022

Sun-filled home feels like new! This very spacious and extra wide 3 bedroom/2bath condo with south, west and north exposures is located prime East Lakeview. The tree-lined one way street is close to all conveniences as well as Lake Michigan water front and Lincoln Park. The elevator opens to an intimate semi-private foyer. This home is move-in ready with many recent improvements. Living room, dining room, kitchen and hallway have all been recently painted. The sparkling new kitchen is a chef's delight with custom StyleLite Wired Mercury cabinetry, pull-out pantry, pan organizer, drawers & cabinets on both sides of the island and storage galore! Appliances are Bertazonni, Fisher Paykel, Bosch with Graff fixtures. The quartz countertops are Silestone Ocean Jasper and are complimented by the Bianco Dolomite porcelain floor. The full guest bath features Keuko vanity and sink, Robern anti fog lit mirror and Italian marble floor. Both the 2nd and 3rd bedrooms are very bright and feature large closets. The main bedroom suite features two walk-in closets, new sliding glass door and balcony. The main bath is marble with a double bowl marble vanity, separate shower and large jetted tub. Cheerful north facing balcony off the main bedroom. Other features include: 9 1/2' ceiling height, organized coat closet/pantry, full size stackable washer/dryer, linen closet, three walk-in closets, woodburning fireplace (converted to gas), new tilt-in windows in office, 2nd bedroom and kitchen. There is also a common roof deck easily accessed by the elevator. Garage is fully enclosed. This immaculate home is in the Nettlehorst school district and as well as the Mount Carmel Blue Ribbon school. This neighborhood has it all - Michelin restaurants, boutique coffee shops, gyms, Trader Joe's, Marianos, dance studio, craft brewery and more! Support dogs allowed.

Last Agent to Sell the Property

Mary Beth Smith

@properties Christie's International Real Estate Listed on: 06/27/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Nick Nastos

Fulton Grace Realty License #475143054

Fulton Grace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,391

Year Built

  • Built in 2000

Lot Details

  • 7,057

HOA Fees

  • $422 Monthly HOA Fees

Parking

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

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • 4-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • 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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 10 Units
  • Self Managed Association
  • Mid-Rise Condominium
  • Property managed by SELF-MANAGED

Amenities

  • Common Area
  • Community Storage Space
  • Elevator

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,391

Year Built

Built in 2000

Lot Details

0

HOA Fees

$422 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Mid Rise (4-6 Stories),Penthouse
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,Mid Rise (4-6 Stories),Penthouse
  • Year Built: 2000
  • 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: 3
  • 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 Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Storage
  • LivingArea: 1800
  • Other Equipment: Humidifier, Intercom
  • Room Type: Balcony/Porch/Lanai
  • 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
  • Door Features: French Doors,Sliding Doors,Sliding Glass Door(s)
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Balcony, Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 739000
  • Lot Features: Common Grounds
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 422
  • Association Amenities: Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: SELF-MANAGED
  • Management Contact Name: SELF-MANAGED
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Elementary School: Nettelhorst Elementary School
  • High School: Lake View High School
  • Middle/Junior School: Nettelhorst Elementary 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: 9391.22
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 10

MLS Schools

  • Other Public Sch Dist: 299

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2024
Sold by
Slater Keith W and Gkimisis Leonidas
Bought by
Keith W Slater Trust and Leonidas Gkimisis Trust
Current Estimated Value
$772,448

Purchase Details

Listed on
Jun 27, 2022
Closed on
Oct 6, 2022
Sold by
Patricia Callahan Trust
Bought by
Gkimisis Leonidas and Slater Keith William
Seller's Agent
Mary Beth Smith
@properties Christie's International Real Estate
Buyer's Agent
Nick Nastos
Fulton Grace Realty
List Price
$739,000
Sold Price
$715,000
Premium/Discount to List
-$24,000
-3.25%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%
Original Mortgage
$500,500
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2020
Sold by
Callahan Patricia
Bought by
Callahan Patricia and Patricia Callahan Trust

Purchase Details

Closed on
Jun 30, 2006
Sold by
Emerick Geoffrey and Emerick Karan
Bought by
Callahan Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.85%
Mortgage Type
Unknown

Purchase Details

Closed on
May 25, 2000
Sold by
B & D Development Llc
Bought by
Emerick Geoffrey T and Emerick Karan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,250
Interest Rate
9.25%
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
Keith W Slater Trust -- None Listed On Document
Gkimisis Leonidas $715,000 Proper Title
Callahan Patricia -- Attorney
Callahan Patricia $585,000 First American
Emerick Geoffrey T $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gkimisis Leonidas $500,500
Previous Owner Gkimisis Leonidas $500,500
Previous Owner Callahan Patricia $264,500
Previous Owner Callahan Patricia $408,000
Previous Owner Callahan Patricia $417,000
Previous Owner Callahan Patricia $465,000
Previous Owner Callahan Patricia $468,000
Previous Owner Emerick Geoffrey $408,000
Previous Owner Emerick Geoffrey $418,000
Previous Owner Emerick Geoffrey T $451,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $715,000 -3.2% $397 / Sq Ft
09/11/2022 09/11/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $739,000 -- $411 / 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 $10,338 $65,637 $10,053 $55,584
2023 $9,375 $49,001 $8,108 $40,893
2022 $9,375 $49,001 $8,108 $40,893
2021 $9,184 $48,999 $8,107 $40,892
2020 $9,391 $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: 11447906

Midwest Real Estate Data (MRED)

APN: 14-28-112-030-1008