816 WILLARD ST
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Location
816 WILLARD ST
Mblu
4034E/ 109/ A/ /
Acct#
01143201
Owner
WATERFIELD SQUARE I ASSO LP
Assessment
$50,258,700
PID
24885
Building Count
3
Assessing District
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$45,110,700$5,148,000$50,258,700

Owner of Record
OwnerWATERFIELD SQUARE I ASSO LP
Co-OwnerC/O EQR RE-TAX DEPT
Care Of
AddressPO BOX 87407
CHICAGO, IL 60680
Sale Price$3,354,331
Book & Page 28467/0035
Sale Date12/31/2010
Instrument1B

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
WATERFIELD SQUARE I ASSO LP$3,354,33128467/00351B12/31/2010
ERP OPERATING LIMITED$18,250,00013471/0459NA05/25/1999
BLUEBERRY RIDGE LLC$2,575,00011856/0202NA06/17/1997

Building Information
Building 1 : Section 1
Year Built: 1998
Living Area: 65,562
Replacement Cost: $16,799,538
Building Percent Good: 86
Replacement Cost
Less Depreciation:
$14,447,600
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeAVE/GOOD
Stories:4
Occupancy52.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2Brick Veneer
Roof StructureGable/Hip
Roof CoverAsphalt
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseApt over 8
Total Rooms300
Total Bedrms156
Total Baths156
1st Floor Use:1120
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
CeilingFIN CLNG+WALL
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 49,164 49,164
BASFirst Floor 16,398 16,398
FOPPorch, Open, Finished 3,660 0
UGRGarage, Unfinished 16,370 0
   85,592 65,562
Building 2 : Section 1
Year Built: 1998
Living Area: 90,368
Replacement Cost: $22,909,587
Building Percent Good: 86
Replacement Cost
Less Depreciation:
$19,702,200
Building Attributes : Bldg 2 of 3
FieldDescription
Style:Apartments
ModelCommercial
GradeAVE/GOOD
Stories:4
Occupancy84.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2Brick Veneer
Roof StructureGable/Hip
Roof CoverAsphalt
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseApt over 8
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:1120
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
CeilingFIN CLNG+WALL
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 90,368 90,368
FOPPorch, Open, Finished 4,544 0
UGRGarage, Unfinished 22,560 0
   117,472 90,368
Building 3 : Section 1
Year Built: 1999
Living Area: 16,770
Replacement Cost: $7,103,668
Building Percent Good: 86
Replacement Cost
Less Depreciation:
$6,109,200
Building Attributes : Bldg 3 of 3
FieldDescription
Style:Apartments
ModelCommercial
GradeAVE/GOOD
Stories:2
Occupancy20.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2Brick Veneer
Roof StructureGable/Hip
Roof CoverAsphalt
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseApt over 8
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:1120
Heat/ACHEAT/AC SPLIT
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
CeilingFIN CLNG+WALL
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 16,770 16,770
CANCanopy 14 0
FDGGarage, finished, commercial 13,062 0
FOPPorch, Open, Finished 1,264 0
UGRGarage, Unfinished 8,385 0
ULPLoading Platform, Unfinished 13,062 0
   52,557 16,770

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
SPR1SPRINKLERS-WET48219.00 S.F.$41,5003
PEPASSNGR ELEV5.00 EA$430,0002
PEPASSNGR ELEV5.00 EA$430,0001
SPR1SPRINKLERS-WET112940.00 S.F.$97,1002
SPR1SPRINKLERS-WET81934.00 S.F.$70,5001

Land
Land Use
Use Code1120
DescriptionApt over 8  
Neighborhood50
Land Line Valuation
Size (Sqr Feet)234508
Assessed Value$5,148,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
PAV1PAVING-ASPHALT  87120.00 S.F.$98,0001
LT1LIGHTS-IN W/PL  15.00 UNITS$7,5001
LT2W/DOUBLE LIGHT  15.00 UNITS$11,3001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$45,110,700$5,148,000$50,258,700
2025$44,155,100$5,148,000$49,303,100
2024$42,703,400$5,148,000$47,851,400

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