NOT LISTED FOR SALE

1214 S Federal St Unit L Chicago, IL 60605

Dearborn Park Neighborhood

Estimated Value: $442,622 - $524,000

1 Bed
1.5 Baths
1,239 Sq Ft
$396/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $409,000 $330 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,628/month

15 Days on Market

Highlights

  • Deck
  • 4-minute walk to Roosevelt Station (Green, Orange Lines)
  • End Unit
  • South Loop Elementary School Rated 9+
  • Wood Flooring
  • 3-minute walk to Mary Richardson Jones Park

About This Home

As of July 2022

Don't miss this gorgeous all-brick townhome in the perfect South Loop location. Offering private garage parking and three floors of living space, this home is a must-see. The main floor makes the perfect spot for entertaining with hardwood floors, gas fireplace and tons of natural light. The living and dining spaces come together with the updated kitchen that features luxe quartz countertops, breakfast bar seating and stainless-steel appliances. Step outside to find even more entertainment space on the oversized balcony. Downstairs, you will adore the primary suite situated alone for plenty of added privacy and offering a ensuite half bath and home office space, while the top floor hosts. Turn-key and in a great location, this one won't last long!

Last Agent to Sell the Property

Tom Campone

Keller Williams ONEChicago License #475168205 Listed on: 05/26/2022

Keller Williams ONEChicago

Last Buyer's Agent

Scott Newman

Keller Williams ONEChicago License #471009246

Keller Williams ONEChicago

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,734

Year Built

  • Built in 1994

Lot Details

  • 1,002

HOA Fees

  • $316 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,239 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • South Loop Elementary School
  • Phillips Academy High Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water

Additional Features

  • Deck
  • End Unit

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 11 Units
  • Upon Request Association
  • Dearborn Park II Subdivision
  • Property managed by Upon Request

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,734

Year Built

Built in 1994

Lot Details

0

HOA Fees

$316 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Subdivision Name: Dearborn Park II
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1239
  • Other Equipment: Intercom, CO Detectors
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens, End Unit
  • Foundation Details: Concrete Perimeter
  • List Price: 425000
  • Lot Features: Common Grounds
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air, Zoned
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 316
  • Association Amenities: None
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Upon Request
  • Management Contact Name: Upon Request
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: South Loop Elementary School
  • Middle/Junior School: Phillips Academy High School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5734
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2019
Sold by
Magadini Peter and Magadini Helene
Bought by
Magadini Peter Charles and Dallaire Helene Dallaire
Current Estimated Value
$490,156

Purchase Details

Closed on
Sep 8, 2019
Sold by
Magadini Peter and Magadini Helene
Bought by
Magadini Peter Charles and Dallaire Helene Dallaire

Purchase Details

Listed on
Jun 2, 2016
Closed on
Jul 14, 2016
Sold by
Courtney Brett
Bought by
Magadini Peter and Magadini Helene
Seller's Agent
Robert Teverbaugh
Century 21 Circle
Buyer's Agent
Gregoire Magadini
Ask Nagel
List Price
$374,500
Sold Price
$365,000
Premium/Discount to List
-$9,500
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%

Purchase Details

Closed on
Jun 15, 2011
Sold by
Beauchamp Samuel W and Beauchamp Amy
Bought by
Courtney Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,028
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 2007
Sold by
Wang Eric A and Wang Richard A
Bought by
Beauchamp Samuel W and Beauchamp Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,400
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 2000
Sold by
Sternberg Charles E
Bought by
Wang Eric A and Wang Richard A

Purchase Details

Closed on
Jun 30, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Sternberg Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Interest Rate
7.79%
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
Magadini Peter Charles -- Attorney
Magadini Peter Charles -- Attorney
Magadini Peter $365,000 Attorney
Courtney Brett $275,000 Success Title Services Inc
Beauchamp Samuel W $317,000 Chicago Title Insurance Co
Wang Eric A $245,000 --
Sternberg Charles E $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Courtney Brett $268,028
Previous Owner Beauchamp Samuel W $253,400
Previous Owner Sternberg Charles E $163,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2022 07/11/22 Sold $409,000 -3.8% $330 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $425,000 +16.4% $343 / Sq Ft
07/15/2016 07/15/16 Sold $365,000 -2.5% $295 / Sq Ft View Prior Sale
06/14/2016 06/14/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $374,500 -- $302 / 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 $8,891 $44,000 $17,609 $26,391
2023 $8,666 $42,000 $14,168 $27,832
2022 $8,666 $42,000 $14,168 $27,832
2021 $5,574 $42,000 $14,168 $27,832
2020 $5,735 $33,580 $11,638 $21,942
2019 $5,717 $36,500 $11,638 $24,862
2018 $5,631 $36,500 $11,638 $24,862
2017 $6,029 $34,084 $9,614 $24,470
2016 $7,216 $36,029 $9,614 $26,415
2015 $6,602 $36,029 $9,614 $26,415
2014 $6,127 $33,023 $8,602 $24,421
2013 $6,006 $33,023 $8,602 $24,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11416721

Midwest Real Estate Data (MRED)

APN: 17-21-211-283-0000