See Home Value
$1,814,137*
House - Off Market

640 W Webster Avenue

Chicago, IL 60614
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2400 Sqft
$1,530,000 - $1,868,000
Reference Base Price*
6.78%
Since Nov 1, 2022
IL-Chicago
Primary Model
Sold May 17, 2022
$1,650,000

About This Property

Triple mint location! Prime Lincoln Park block, coveted Lincoln schools, and directly across from beautiful Oz Park-it doesn't get better than this. A 3 bed/3 bath single family home with incredible personality can be enjoyed now. Or be transformed into your dream home. A renovated English garden 1 bed/1 bath unit adds all kinds of possibilities. Plus a recently rebuilt back patio and garage. Rare and prime location attributes make this property the ultimate canvas to make your dreams come true!

The manager has listed the unit size as 2400 square feet.
Unit Size
2,400Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$708
Property Type
House
Property Taxes
$1,903
HOA Dues
-
Year Built
1890

Price History

Date / Event Date Event Price
Oct 20, 2022 No longer available -
No longer available
Jul 28, 2022 Price Decreased $1,699,000
↓ $26K (1.5%)
Price Decreased
Jul 14, 2022 Price Decreased $1,725,000
↓ $74K (4.1%)
Price Decreased
May 24, 2022 Listed $1,799,000
Listed
May 17, 2022 Sold to Grace Lee $1,650,000
Sold to Grace Lee

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 3,126
  • Gross Building Area: 3,126
  • Building Area: 3,126
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 3,126
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ACKERMANS SUB
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: M (ACKERMANS) SUB OF LT7 IN SUB OF BLK5 OF CANAL TRUS TEES SUB OF NH & NH SE & EH SW SEC 33-40-14

Ownership

  • Current Owner : LEE GRACE
  • Previous Owner : HOWARD L ECKER DECLARATION OF TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 071200

Zoning

  • Zoning: RM-4.5

Geography

  • Assessors Map Reference: 02N-135-01
  • District: 74
  • Parcel: 14-33-109-018-0000
  • Block: 5
  • Lot: 7
  • Meridian: SEC 33 TWN 40N RNG 14E
  • Municipality: NORTH CHICAGO
  • Latitude: 41.9221
  • Longitude: -87.6455

    Address

  • Full Address: 640 W Webster Ave
  • Address - House Number: 640
  • Street Direction: W
  • Address - Street Name: Webster
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C049
  • 4-Digit Zip Code: 3710
  • Zip Code: 60614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,792
  • Tax Rate Code Area: 74026

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 1,002,332
  • High Value: 1,258,447
  • Low Value: 746,216

    Market Valuation

  • Market Total Value: $1,510,010
  • Market Land Value: $390,630
  • Market Improvement Value: $1,119,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,001
  • Assessed Land Value: $39,063
  • Assessed Improvements Value: $111,938

    Sales

  • Current Sale Contract Date: May 09, 2022
  • Current Sale Recording Date: May 17, 2022
  • Current Sale Transaction ID: 11905426374
  • Current Sale Price: $1,650,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 6092

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK NATIONAL ASSO
  • First Mortgage Transaction Date: May 17, 2022
  • First Mortgage Loan Amount: $1,320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
3,000 ft²
$633/ft²
$1,900,000 Jun 13, 2023
-
$4,328/mo
House
4 Beds
4.5 Baths
3,700 ft²
$485/ft²
$1,795,000 Apr 25, 2023
-
-
Townhouse
4 Beds
3.5 Baths
2,716 ft²
$624/ft²
$1,695,000 May 19, 2023
-
$1,653/mo
House
4 Beds
4.5 Baths
4,100 ft²
$439/ft²
$1,800,000 Feb 14, 2023
-
$2,550/mo
Multifamily
4 Beds
4.5 Baths
2,600 ft²
$615/ft²
$1,599,000 May 26, 2023
-
-
Townhouse
4 Beds
3.5 Baths
3,200 ft²
$453/ft²
$1,450,000 Jun 20, 2023
-
$2,973/mo
Condo
4 Beds
4 Baths
4,000 ft²
$488/ft²
$1,950,000 May 6, 2023
-
-
House
3 Beds
4 Baths
-
$1,749,999 Jun 14, 2023
-
$1,788/mo
House
5 Beds
4.5 Baths
-
$1,870,000 May 1, 2023
-
$2,223/mo
Multifamily
4 Beds
3.5 Baths
-
$1,700,000 Mar 8, 2023
-
$225/mo
House
3 Beds
2 Baths
-
$1,375,000 May 3, 2023
-
$242/mo
Multifamily
3 Beds
2.5 Baths
-
$1,599,000 Mar 28, 2023
-
$225/mo

About North Side


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Frequently Asked Questions

When was property at 640 West Webster Avenue built and last sold?
The property at 640 West Webster Avenue was built in 1890 and last sold on May 9, 2022 for $1,650,000.
How much is this home worth?
The estimated value of the home located at 640 West Webster Avenue is $1,676,701.
What are some comparable homes to 640 West Webster Avenue?
There are currently no comparable homes to 640 West Webster Avenue.

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