Webster Square Condominiums 540 W Webster Ave Unit 702 Chicago, IL 60614
Lincoln Park Neighborhood
1
Bed
1.5
Baths
965
Sq Ft
$858/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Business Center
- Abraham Lincoln Elementary School Rated A-
- Wood Flooring
- 5-minute walk to Mid-North Park
About This Home
As of March 2025Spectacular and luxurious light-filled 1BR/1.1BA condo in Lincoln Park's sought-after full-amenity boutique elevator building, Webster Square, with picturesque unobstructed panoramic views to the north/east/west, airy 9FT ceilings, oversized windows, private balcony, highly upgraded finishes, and available garage parking space. Nestled in the very heart of Lincoln Park, across from Oz Park, this elegant and welcoming urban retreat has been lightly lived in as an in-town, and is better-than-new with its extensive list of designer upgrades. The home's magazine-caliber interior features beautiful wide-plank hardwood flooring throughout; a stunning kitchen with Brookhaven Cabinetry, custom full-height backsplash with under-cabinet lighting, Quartz countertops, and top-of-the-line stainless steel appliances including Sub-Zero, Wolf and Bosch; and, a sumptuous primary bathroom replete with gorgeous white marble, extra-long dual vanity, large shower with full width bench, and an under-mounted 5FT Kohler soaking tub. Additional upgrades and fine features include custom Elfa shelving, custom paint in up-to-the-minute tones, a built-in office nook in the primary suite, large marble powder room, and a full sized LG washer and dryer. Webster Square's amenities include 24/7 door staff, fitness center, business center, bike room, lounge, rooftop sundeck with city and lake views, one-half acre landscaped park with grills, and a dog run.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Chicago License #471016255 Listed on: 01/28/2025
Last Buyer's Agent
@properties Christie's International Real Estate License #475125542
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,183
Year Built
- Built in 2019
HOA Fees
- $858 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 965 Sq Ft Home
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Range
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
Schools
- Oscar Mayer Elementary School
- Lincoln Park High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Lake Michigan Water
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
- Sandra Farrell Association, Phone Number (773) 904-8694
- Park 02
- Property managed by The Building Group
- 12-Story Property
Amenities
- Doorman
- Sundeck
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 28, 2025
Closed on
Mar 21, 2025
Sold by
Jeff Braun And Susan Holt Revocable Trus and Holt Susan Marie
Bought by
Barry A Schatz Revocable Trust and Ellen Schatz Revocable Trust
Seller's Agent
Keith Wilkey
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Stefanie Lavelle
@properties Christie's International Real Estate
List Price
$575,000
Sold Price
$600,000
Premium/Discount to List
$25,000
4.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,007
Avg. Annual Appreciation
-2.37%
Purchase Details
Listed on
Dec 3, 2020
Closed on
Jun 18, 2021
Sold by
Webster Square Condominums Llc
Bought by
Braun Jeffrey Walter and Holt Susan Marie
Seller's Agent
Andrea Hebner
@properties Christie's International Real Estate
Buyer's Agent
Keith Wilkey
Berkshire Hathaway HomeServices Chicago
Sold Price
$530,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Original Mortgage
$424,000
Interest Rate
2.87%
Mortgage Type
New Conventional
Similar Homes in Chicago, IL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $600,000 | Chicago Title | |
| Special Warranty Deed | $530,000 | Stewart Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $424,000 | New Conventional | |
| Previous Owner | $26,000,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2025 03/24/25 | Sold | $600,000 | +4.3% | $622 / Sq Ft |
| 03/04/2025 03/04/25 | For Sale | $575,000 | +8.5% | $596 / Sq Ft |
| 07/13/2021 07/13/21 | Sold | $530,000 | 0.0% | $549 / Sq Ft |
| 05/15/2021 05/15/21 | For Sale | -- | -- | -- |
| 04/20/2021 04/20/21 | Pending | -- | -- | -- |
| 02/07/2021 02/07/21 | Price Changed | $530,000 | -3.5% | $549 / Sq Ft |
| 12/03/2020 12/03/20 | For Sale | $549,000 | -- | $569 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $11,183 | $53,889 | $7,205 | $46,684 |
| 2023 | $10,898 | $51,100 | $5,906 | $45,194 |
| 2022 | $10,898 | $51,100 | $5,906 | $45,194 |
| 2021 | $10,664 | $51,098 | $5,905 | $45,193 |
| 2020 | $2,279 | $9,856 | $5,113 | $4,743 |
| 2019 | $2,061 | $9,856 | $5,113 | $4,743 |
| 2018 | $2,044 | $9,856 | $5,113 | $4,743 |
| 2017 | $2,097 | $9,301 | $3,939 | $5,362 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2025
Keith Wilkey
Berkshire Hathaway HomeServices Chicago
-
S
Buyer's Agent in 2025
Stefanie Lavelle
@ Properties
-
A
Seller's Agent in 2021
Andrea Hebner
@ Properties
About Webster Square Condominiums
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12292461
APN: 14-33-112-054-1053
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