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1541 West Chestnut Street

1541 West Chestnut Street, Chicago, IL 60642
1541 West Chestnut Street is a condo located in Noble Square, Chicago.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! On weekends, residents can enjoy the building's deck and patio space. There are 2 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 62 days and tend to sell above the original asking price of $599,900 by 0.02%. Meaning, listings tend to sell at a median of $231 price per square foot. The transaction that took the longest to complete was unit 1, listed on Mar 12, 2020 for $599,900. This particular unit ultimately sold 62 days later for $600,000. The most recent transaction sold for $790,000 on Jun 07, 2021. Fun fact, the oldest transaction we have on record took place on May 13, 2020. See the full transaction history for 1541 West Chestnut Street below.

Noble Square, where 1541 West Chestnut Street is located, has a median asking price of $209,999 for condo buildings. Meanwhile, the building itself has a median asking price of $599,900. For interested buyers, that means the building's median asking price is around inf% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200312 Unit 1
03/12/2020
1
3 Bed
3 Bath
2600 ft²
$599,900
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2600 ft²
$600,000 +0.02%
05/13/2020
Michael Linden

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Style: Condo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,350
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FICKE & WINKES
  • Land Acres: 0.054
  • Standard Land Use Code: Misc Residential improvement
  • Legal Description 1: (FICKE) & (WINKES) SUB OF 2ACS IN BLK29 AKA LTS1-22 O F SUB-BLK4 OF ASSESSOR DIV OF BLK29 ALL IN CANAL TRUSTEES SUB EX SE NW

Ownership

  • Current Owner : LEWIS JEFFREY ALLEN
  • Current Owner 2: BARNES TAYLOR ASHLEY
  • Previous Owner : GRANDMA CAPITAL LLC
  • Owner Before Previous Owner: GRANDMA CAPITAL LLC
  • Ownership Rights Codes: Tenants by Entirety
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 242000

Geography

  • District: 77
  • Parcel: 17-05-322-007
  • Block: 4,29
  • Lot: 1-22
  • Meridian: SEC 05 TWN 39N RNG 14E
  • Municipality: WEST CHICAGO
  • Latitude: 41.8973
  • Longitude: -87.6665

    Address

  • Full Address: 1541 W Pearson St
  • Address - House Number: 1541
  • Street Direction: W
  • Address - Street Name: Pearson
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chicago
  • Carrier Code: C026
  • 4-Digit Zip Code: 5210
  • Zip Code: 60642

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $33,592
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 77001

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Mar 08, 2023
  • Confidence Score: 77
  • Final Value: 2,237,633
  • High Value: 2,628,753
  • Low Value: 1,846,513

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $711,000
  • First Open Lien Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: Jun 07, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $711,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $1,670,500
  • Market Land Value: $141,000
  • Market Improvement Value: $1,529,500

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $167,050
  • Assessed Land Value: $14,100
  • Assessed Improvements Value: $152,950

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Transaction ID: 11837726559
  • Current Sale Price: $790,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2115806246
  • Previous Sale Recording Date: Apr 14, 2021
  • Previous Sale Contract Date: Apr 01, 2021
  • Previous Sale Amount: $785,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Jun 07, 2021
  • First Mortgage Loan Amount: $711,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Apr 14, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $706,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2051

About Northwest Side



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Frequently Asked Questions

What neighborhood is 1541 West Chestnut Street located in?
The 1541 West Chestnut Street is a condo located in the neighborhood of Noble Square in Northwest Side, Chicago.
What is the average sales price for listings in 1541 West Chestnut Street?
The average sales price for units in 1541 West Chestnut Street is $599,900 , or $231/sqft. currently.

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