$565,000
SOLD NOV 8, 2024
1 Bed
1.5 Baths
1,021 Sq Ft
$884/mo HOA Fee

Recently Sold

$553 Per Sq Ft

2% Below List Price

6 Days on Market

Highlights

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

About This Home

As of November 2024

Look no further! The model unit at 540 W Webster can now be yours. Located in a boutique building in beautiful Lincoln Park, this impeccably updated, open floor plan 1-bed, 1.5 bath home offers the finest finishes including Subzero refrigerator, Wolf oven/range, Bosch microwave & dishwasher and Grohe fixtures. Fall in love with the 9' ceilings, large windows and private balcony off of the living room. Spacious primary bedroom suite has a walk-in closet and is complete with stunning stone bathroom, dual vanity and separate tub/shower. Take your guests to the roof deck for amazing views of the Chicago skyline & Lake Michigan. This full amenity building also offers 24hr door staff, exercise room, kids playroom, owner's lounge/party room, business center, private courtyard with grills and more! Conveniently located near OZ Park, the lakefront, Lincoln Park, Zoo, Target and fantastic dining & shopping options. Attached garage parking included in price.

Last Agent to Sell the Property

Mike LeFevere

Compass License #475158071 Listed on: 10/14/2024

Compass

Last Buyer's Agent

Jill Silverstein

Compass License #475167682

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,643

Year Built

  • Built in 2017

Lot Details

  • Dog Run

HOA Fees

  • $884 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Reinforced Caisson Foundation
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,021 Sq Ft Home
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Rooftop Deck
  • Brick Porch or Patio
  • Outdoor Storage

Schools

  • Lincoln Elementary School
  • Lincoln Park High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Cable TV Available

Community Details

Overview

  • Association fees include heat, air conditioning, water, gas, insurance, security, doorman, tv/cable, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 88 Units
  • Sandra Association, Phone Number (312) 564-5920
  • Property managed by The Building Group
  • Lock-and-Leave Community
  • 12-Story Property

Amenities

  • Doorman
  • Sundeck
  • Business Center
  • Party Room
  • Service Elevator
  • Lobby
  • Package Room
  • Community Storage Space
  • Elevator

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
  • Storm Screens
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,643

Year Built

Built in 2017

Lot Details

0

HOA Fees

$884 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2017
  • Age: 6-10 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: 12

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Built-In Oven, Gas Cooktop
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Hardwood Floors, Storage, Walk-In Closet(s), Ceiling - 9 Foot, Open Floorplan, Drapes/Blinds, Lobby
  • LivingArea: 1021
  • Other Equipment: TV-Cable, CO Detectors
  • Room Type: Walk In Closet
  • Stories Total: 12
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm,Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Roof Deck, Dog Run, Brick Paver Patio, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter, Reinforced Caisson
  • List Price: 575000
  • OtherStructures: Storage
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage Details: Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Electric
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Fee: 884
  • Association Amenities: Bike Room/Bike Trails, Door Person, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Park, Party Room, Sundeck, Receiving Room, Security Door Lock(s), Service Elevator(s), Business Center
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: The Building Group
  • Management Contact Name: Sandra
  • Management Phone: 312-564-5920
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, Gas, Insurance, Security, 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
  • Middle/Junior School District: 299

Lot Info

  • 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: 11643.27
  • Tax Year: 2023

Multi Family

  • Units in Building: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Nov 8, 2024
Sold by
Imago Trust and Grusecki Thomas D
Bought by
Chervenak Christina
Seller's Agent
Mike LeFevere
Compass
Buyer's Agent
Jill Silverstein
Compass
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%
Views
11
Current Estimated Value
$584,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,910
Avg. Annual Appreciation
2.67%

Purchase Details

Listed on
Aug 26, 2022
Closed on
Sep 15, 2022
Sold by
Hwang Sophia and Hwang Jason Brock
Bought by
Imago Trust
Seller's Agent
Mike LeFevere
Compass
Buyer's Agent
John Irwin
Baird & Warner
List Price
$545,000
Sold Price
$545,000
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.79%

Purchase Details

Closed on
Jan 19, 2022
Sold by
Webster Square Condominiums Llc
Bought by
Hwang Sophia

Purchase Details

Closed on
Jan 5, 2022
Sold by
Webster Square Condominiums Llc
Bought by
Hwang Sophia
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
Deed $565,000 None Listed On Document
Deed $565,000 None Listed On Document
Warranty Deed $545,000 None Listed On Document
Special Warranty Deed -- --
Special Warranty Deed -- --
Special Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $26,000,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $565,000 -1.7% $553 / Sq Ft
10/20/2024 10/20/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $575,000 +5.5% $563 / Sq Ft
10/28/2022 10/28/22 Sold $545,000 0.0% $551 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $545,000 -- $551 / 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 $11,643 $55,639 $7,439 $48,200
2023 $11,347 $53,200 $6,098 $47,102
2022 $11,347 $53,200 $6,098 $47,102
2021 $11,102 $53,199 $6,097 $47,102
2020 $2,353 $10,176 $5,279 $4,897
2019 $2,128 $10,176 $5,279 $4,897
2018 $2,110 $10,176 $5,279 $4,897
2017 $2,165 $9,603 $4,067 $5,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12112052

Midwest Real Estate Data (MRED)

APN: 14-33-112-054-1026