NOT LISTED FOR SALE

Webster Square Condominiums 540 W Webster Ave Unit 808 Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $1,526,000 - $2,015,278

3 Beds
3.5 Baths
2,600 Sq Ft
1.73 Acres Lot

Sale Details

Date Sold: June 29, 2021

Last sale price $1,650,000 $635 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $13,917 / mo

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Abraham Lincoln Elementary School Rated A
  • Rooftop Deck
  • 5-minute walk to Mid-North Park

About This Home

As of June 2021

Sweeping skyline views can be seen through every window of this 3+ bedroom, 3.5 bathroom custom condo at Webster Square. The bespoke floor plan, approximately 2600 sq. ft. in total, was reconfigured from two combined units and features a split bedroom layout with an oversized great room and one of two balconies at the center of the home. Southern exposures provide phenomenal natural light throughout every room. A substantial kitchen, with the cabinet storage for every gadget plus an additional pantry, features quartz counters, custom finished cabinetry and SubZero, Wolf and Bosch appliances. The luxurious primary suite, with the second private balcony, includes an enormous walk-in closet and marble tiled ensuite with built-in make-up vanity. The second bedroom is also ensuite and the third offers a built-in desk and smart shelving system ingeniously hiding a murphy bed. Bonus room is currently used as a nursery. Fabulous, fully organized closets throughout. Side by side laundry room and additional storage. Two garage parking spaces on the main level of the garage are included. Webster Square is a full amenity building with 24-hour door staff, rooftop terrace, fitness center, kids playroom, lounge, catering kitchen, dog run and 1/2-acre landscaped park.

Last Agent to Sell the Property

Beth Wexner

@properties Christie's International Real Estate License #475122145 Listed on: 05/18/2021

@properties Christie's International Real Estate

Co-Listed By

Ashley Bell

@properties Christie's International Real Estate License #475165686

Last Buyer's Agent

Brett Pechter

@properties Christie's International Real Estate License #475184159

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,933

Year Built

  • Built in 2017

Lot Details

  • 1.73

HOA Fees

  • $1,741 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • Built-In Features
  • Entrance Foyer
  • Combination Dining and Living Room
  • Bonus Room
  • Storage
  • Wood Flooring

Kitchen

  • Built-In Double Oven
  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck

Schools

  • Lincoln Elementary School
  • Lincoln Park High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, parking, insurance, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 89 Units
  • Edward Yervant Association, Phone Number (773) 791-0550
  • High-Rise Community
  • Webster Square
  • Property managed by Sudler Management
  • 12-Story Property

Amenities

  • Doorman
  • Sundeck
  • Common Area
  • Business Center
  • Party Room
  • Elevator
  • Package Room
  • Community Storage Space

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Pets up to 60 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,933

Year Built

Built in 2017

Lot Details

1.73 Acres

HOA Fees

$1,741 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Year Built: 2017
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 8
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Built-In Oven
  • Basement: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s)
  • LivingArea: 2600
  • Room Type: Bonus Room, Walk In Closet, Pantry, Foyer
  • Stories Total: 12
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 1741
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Receiving Room, Business Center, Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Sudler Management
  • Management Contact Name: Edward Yervant
  • Management Phone: 773-791-0550

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Parking, Insurance, Doorman, TV/Cable, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Lincoln Park High School
  • Middle/Junior School: Lincoln Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 60

Tax Info

  • Tax Annual Amount: 27932.93
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jun 22, 2021
Sold by
Gps412 Llc
Bought by
Bashyal Ravi and Shrestha Neeha
Seller's Agent
Beth Wexner
@properties Christie's International Real Estate
Buyer's Agent
Brett Pechter
@properties Christie's International Real Estate
List Price
$1,750,000
Sold Price
$1,650,000
Premium/Discount to List
-$100,000
-5.71%
Current Estimated Value
$1,797,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,070
Avg. Annual Appreciation
1.75%
Original Mortgage
$1,320,000
Outstanding Balance
$1,176,558
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$620,512

Purchase Details

Closed on
Aug 10, 2017
Sold by
Webster Square Condominium Llc
Bought by
Gps412 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
Bashyal Ravi $1,650,000 Proper Title
Gps412 Llc $1,721,500 Attorney
Source: Public Records

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 Borrower Loan Amount
Open Bashyal Ravi $1,320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2021 06/29/21 Sold $1,650,000 -5.7% $635 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $1,750,000 -- $673 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $29,415 $140,497 $18,785 $121,712
2024 $29,415 $140,497 $18,785 $121,712
2023 $28,665 $134,400 $15,398 $119,002
2022 $28,665 $134,400 $15,398 $119,002
2021 $27,352 $134,399 $15,397 $119,002
2020 $28,447 $126,136 $13,331 $112,805
2019 $28,650 $136,993 $13,331 $123,662
2018 $28,405 $136,993 $13,331 $123,662
2017 $14,769 $65,495 $10,271 $55,224
Source: Public Records

Agents Affiliated with this Home

  • Beth Wexner

    Seller's Agent in 2021

    Beth Wexner

    @ Properties

    (312) 296-3223

    2 in this area

    9 Total Sales

    Beth Wexner
    Section Image
  • Ashley Bell

    Seller Co-Listing Agent in 2021

    Ashley Bell

    @ Properties

    (312) 952-0958

    5 in this area

    95 Total Sales

    Ashley Bell
    Section Image
  • Brett Pechter

    Buyer's Agent in 2021

    Brett Pechter

    @ Properties

    (847) 858-5464

    2 in this area

    57 Total Sales

    Brett Pechter
    Section Image
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About Webster Square Condominiums

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11092378

Midwest Real Estate Data (MRED)

APN: 14-33-112-054-1065

Illinois Cook County Chicago 60614 Lincoln Park

540 W Webster Ave Unit 808, Chicago, IL

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.

Midwest Real Estate Data (MRED) 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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