NOT LISTED FOR SALE

1201 E 56th St Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $1,252,930 - $1,768,000

5 Beds
4 Baths
3,564 Sq Ft
$417/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $1,350,500 $379 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,066/month

296 Days on Market

Highlights

  • Formal Dining Room
  • Stainless Steel Appliances
  • 5-minute walk to Bixler Park
  • Kenwood Academy High School Rated A-
  • Central Air

About This Home

As of June 2013

This spectacular, light-filled family home, just steps from the U of Chicago campus, has been meticulously modernized while preserving a wealth of period detail, incl Roman brick fireplaces, incredible oak and birch woodwork, and h/w floors throughout. The stunning kitchen has been completely renovated and the baths thoughtfully updated. Central a/c. The beautifully designed backyard has parking for 1 to 2 cars.

Last Agent to Sell the Property

Robert Sullivan

Berkshire Hathaway HomeServices Chicago License #475133936 Listed on: 07/07/2012

Last Buyer's Agent

Donna Schwan

MetroPro Realty LLC License #471010168

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $27,315

Year Built

  • 1906

Lot Details

  • 3,485

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Formal Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Ray Elementary School

Utilities

  • Central Air
  • Lake Michigan Water

Property Details

Home Type

Other

Est. Annual Taxes

$27,315

Year Built

1906

Lot Details

0

Interior Features

  • Total # Of Rooms: 10
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Freezer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Type/Details: Wood Burning
  • Fireplaces: 3
  • Attic: Unfinished
  • Basement: Full, Walkout
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 25X15
  • Master Bedroom Flooring: Hardwood
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 12X11
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 16X8
  • Third Bedroom Flooring: Hardwood
  • Fourth Bedroom Level: 3rd Level
  • Fourth Bedroom Size: 16X12
  • Fourth Bedroom Flooring: Hardwood
  • Bathroom Amenities: Separate Shower, Double Sink
  • Living Room Level: Main Level
  • Living Room Size: 25X15
  • Living Room Flooring: Hardwood
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 16X14
  • Dining Room Flooring: Hardwood
  • Family Room Level: 3rd Level
  • Family Room Size: 18X15
  • Family Room Flooring: Hardwood
  • Kitchen Type: Island
  • Kitchen Level: Main Level
  • Kitchen Size: 17X11
  • Kitchen Flooring: Hardwood

Exterior Features

  • Lot Size: Oversized Chicago Lot
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Off Street
  • Parking Type: Space/s

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Heat/Fuel: Gas, Hot Water/Steam

Schools

  • Elementary School: Ray Elementary School
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 30 X 118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2012
Closed on
Jun 24, 2013
Sold by
Farrell Thomas J and Farrell Luise
Bought by
Bingjuan Lin Wenbin and Bingjuan Wu
Seller's Agent
Robert Sullivan
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Donna Schwan
MetroPro Realty LLC
List Price
$1,550,000
Sold Price
$1,350,500
Premium/Discount to List
-$199,500
-12.87%
Current Estimated Value
$1,485,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,810
Avg. Annual Appreciation
0.77%
Original Mortgage
$400,000
Outstanding Balance
$86,180
Interest Rate
2.75%
Mortgage Type
Stand Alone Second
Estimated Equity
$1,399,130

Purchase Details

Closed on
Jul 15, 2010
Sold by
Robertson Gary L
Bought by
Farrell Thomas J and Farrell Luise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 1994
Sold by
Robertson Elaine H
Bought by
Robertson Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.8%
Source: Public Records

Range of Values:

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Average Value
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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
Bingjuan Lin Wenbin $1,350,500 Chicago Title Insurance Comp
Farrell Thomas J $1,300,000 Chicago Title Insurance Co
Robertson Gary L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bingjuan Lin Wenbin $400,000
Previous Owner Farrell Thomas J $975,000
Previous Owner Robertson Gary L $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2013 06/28/13 Sold $1,350,500 -6.9% $379 / Sq Ft
04/29/2013 04/29/13 Pending -- -- --
03/11/2013 03/11/13 Price Changed $1,450,000 -3.0% $407 / Sq Ft
10/31/2012 10/31/12 Price Changed $1,495,000 -3.5% $419 / Sq Ft
07/07/2012 07/07/12 For Sale $1,550,000 -- $435 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $27,315 $164,000 $21,576 $142,424
2023 $26,533 $129,000 $17,400 $111,600
2022 $26,533 $129,000 $17,400 $111,600
2021 $25,941 $129,000 $17,400 $111,600
2020 $24,579 $110,332 $13,920 $96,412
2019 $24,095 $119,927 $13,920 $106,007
2018 $23,690 $119,927 $13,920 $106,007
2017 $17,847 $82,907 $11,484 $71,423
2016 $16,605 $82,907 $11,484 $71,423
2015 $15,192 $82,907 $11,484 $71,423
2014 $21,723 $117,082 $9,396 $107,686
2013 $20,816 $117,082 $9,396 $107,686
Source: Public Records

Agents Affiliated with this Home

  • Robert Sullivan

    Seller's Agent in 2013

    Robert Sullivan

    Berkshire Hathaway HomeServices Chicago

    (773) 793-0458

    76 in this area

    132 Total Sales

    Robert Sullivan
    Section Image
  • Donna Schwan

    Buyer's Agent in 2013

    Donna Schwan

    MetroPro Realty LLC

    (312) 203-4246

    2 in this area

    5 Total Sales

    Donna Schwan
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08109359

Midwest Real Estate Data (MRED)

APN: 20-14-207-001-0000

Illinois Cook County Chicago 60637 Hyde Park

1201 E 56th St, Chicago, IL

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