NOT LISTED FOR SALE

740 W Webster Ave Unit E Chicago, IL 60614

Lincoln Park Neighborhood

Estimated Value: $768,000 - $936,000

3 Beds
2 Baths
1,700 Sq Ft
$504/Sq Ft Est. Value

Sale Details

Date Sold: December 31, 2018

Last sale price $510,000 $300 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,828 / mo

93 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Stainless Steel Appliances
  • Abraham Lincoln Elementary School Rated A
  • Terrace
  • 4-minute walk to Oz Park

About This Home

As of December 2018

This rarely available townhome is conveniently located just across the street from the beautiful Oz Park. The first level boasts an open floor plan with living/dining rooms and kitchen. This level opens up to your tree-covered, private patio, perfect for entertaining. There are three bedrooms and two bathrooms including a huge master bedroom on the second floor that is flooded with natural light. The home has in-unit washer/dryer and an exterior parking space included. Do not pass up this opportunity to own a townhome in Lincoln Park.

Last Agent to Sell the Property

Niko Apostal

Essex 312, LLC License #471017557 Listed on: 08/10/2018

Last Buyer's Agent

Lauraine Riley

Berkshire Hathaway HomeServices Chicago

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • 1,133

HOA Fees

  • $38 per month

Home Design

  • Property Attached
  • Brick Exterior Construction

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Utilities

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

Additional Features

  • North or South Exposure
  • Terrace
  • Southern Exposure

Community Details

  • Pets Allowed

Listing and Financial Details

  • $7,900 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

1,133 Sq Ft Lot

HOA Fees

$38 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1973
  • Type Attached: T3-Townhouse 3+ Stories
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1973

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Terrace
  • Master Bedroom: Dimensions: 20X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Terrace, Dimensions: 10X8, On Level: Main Level, Flooring: Other
  • Bedroom 2: Dimensions: 14X11, On Level: 3rd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X10, On Level: 3rd Level, Flooring: Hardwood
  • Estimated Sq Ft: 1700
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North), S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Scavenger
  • Assessed Sq Ft: 1600
  • Assessment Association Fees: 38

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: LESS THAN .25 ACRE
  • Parcel Identification Number: 14331070390000

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 3

Tax Info

  • Taxes: 9629.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Dec 15, 2018
Sold by
Mahay Rajinder K and Mahay Rinki
Bought by
Heitman Annie and Heitman Erik
Seller's Agent
Niko Apostal
Essex 312, LLC
Buyer's Agent
Lauraine Riley
Berkshire Hathaway HomeServices Chicago
List Price
$599,900
Sold Price
$510,000
Premium/Discount to List
-$89,900
-14.99%
Current Estimated Value
$857,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,354
Avg. Annual Appreciation
7.44%
Original Mortgage
$484,500
Outstanding Balance
$424,959
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$432,395

Purchase Details

Closed on
Jul 22, 2005
Sold by
Litke James A and Litke Nancy E
Bought by
Mahay Rajinder K and Mahay Rinki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 1, 2002
Sold by
Godsey Benjamin A and Chan Yvonne
Bought by
Godsey Benjamin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 1994
Sold by
Choi Sukgi
Bought by
Dorfman Marc A and Sasson Dorfman Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heitman Annie $510,000 Chicago Title Insurance Comp
Mahay Rajinder K $435,000 Multiple
Godsey Benjamin A -- --
Dorfman Marc A $127,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heitman Annie $484,500
Previous Owner Mahay Rajinder K $348,000
Previous Owner Godsey Benjamin A $251,250
Previous Owner Dorfman Marc A $171,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2018 12/31/18 Sold $510,000 -2.9% $300 / Sq Ft
11/11/2018 11/11/18 Pending -- -- --
11/02/2018 11/02/18 Price Changed $525,000 -4.5% $309 / Sq Ft
08/24/2018 08/24/18 Price Changed $549,900 -8.3% $323 / Sq Ft
08/10/2018 08/10/18 For Sale $599,900 -- $353 / 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 $14,070 $77,000 $17,639 $59,361
2024 $14,070 $77,000 $17,639 $59,361
2023 $13,694 $70,000 $14,225 $55,775
2022 $13,694 $70,000 $14,225 $55,775
2021 $13,407 $70,000 $14,225 $55,775
2020 $12,235 $58,023 $12,518 $45,505
2019 $12,671 $63,069 $12,518 $50,551
2018 $12,458 $63,069 $12,518 $50,551
2017 $10,350 $48,078 $10,242 $37,836
2016 $9,629 $48,078 $10,242 $37,836
2015 $8,810 $48,078 $10,242 $37,836
2014 $8,552 $46,092 $7,966 $38,126
2013 $8,383 $46,092 $7,966 $38,126
Source: Public Records

Agents Affiliated with this Home

  • Niko Apostal

    Seller's Agent in 2018

    Niko Apostal

    Essex 312, LLC

    (773) 516-0661

    23 in this area

    162 Total Sales

    Niko Apostal
    Section Image

  • L

    Buyer's Agent in 2018

    Lauraine Riley

    Berkshire Hathaway HomeServices Chicago

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10048544

Midwest Real Estate Data (MRED)

APN: 14-33-107-039-0000

Illinois Cook County Chicago 60614 Lincoln Park

740 W Webster Ave Unit E, Chicago, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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