1216 W George St Chicago, IL 60657
Lakeview NeighborhoodEstimated Value: $2,906,260
4
Beds
4.5
Baths
5,600
Sq Ft
$519/Sq Ft
Est. Value
Highlights
- New Construction
- Rooftop Deck
- Gated Community
- Lincoln Park High School Rated A
- Sauna
- 3-minute walk to South Lakeview Park
About This Home
As of March 2024Unveiling this brand-new construction single family home on a RT4 zoned lot that is not easy to find... boasting an additional full floor of living! Crafted entirely in brick with a limestone facade and discreet side entry, this gated residence exudes elegance. Upon entering, you'll find yourself in a formal front living/dining room with lofty 10'+ ceilings and incredible millwork throughout, leading down a couple of stairs to the grand kitchen and living area with SOARING, DRAMATIC ceilings of over 12+ feet! The CUSTOM Italian kitchen is a marvel, equipped with built-in SUBZERO AND WOLF appliances, including a convenient built-in coffee maker. Conveniently step outside onto the elevated rear patio that seamlessly connects this space to the living room and up to the garage rooftop deck creating an enormous outdoor space and wonderful indoor/outdoor living, and just a few steps down to your private garage. The second floor hosts 3 bedrooms, with an expansive primary suite featuring two enormous walk-in closets and a spa-like bathroom. Complete with a steam shower, dual vanity wings, and a freestanding tub for those cozy winter nights. The 2nd and 3rd bathrooms have a shared jack and jill bath. Venture to the unique third floor, boasting a 1,000+ sqft room that can serve as a bonus living room/entertainment area or be enclosed as a 6th bedroom with a private full bathroom, along with a sizable entertaining space. This floor also offers a wet bar and two separate outdoor deck spaces. The lower level adds to the luxury with heated floors throughout the tiled herringbone laid floors, high ceilings and two additional bedrooms, a full bath, and a SAUNA! A downstairs family room with a full wet bar including a huge wine fridge provides yet another space to unwind. This home is just STUNNING....
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $39,041
Year Built
- Built in 2024 | New Construction
Lot Details
- Lot Dimensions are 25x123
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Garage Door Opener
- Parking Included in Price
Interior Spaces
- 5,600 Sq Ft Home
- 3-Story Property
- Wet Bar
- Bar Fridge
- Vaulted Ceiling
- Living Room with Fireplace
- Formal Dining Room
- Recreation Room
- Sauna
Kitchen
- Double Oven
- Cooktop
- Microwave
- High End Refrigerator
- Freezer
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- 4 Bedrooms
- 6 Potential Bedrooms
- Walk-In Closet
- Bidet
- Dual Sinks
- Soaking Tub
- Steam Shower
- Shower Body Spray
- Separate Shower
Laundry
- Laundry in multiple locations
- Dryer
- Washer
Finished Basement
- English Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Balcony
- Rooftop Deck
- Patio
- Terrace
Location
- Property is near a park
Schools
- Harriet Tubman Elementary School
- Lincoln Park High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- 200+ Amp Service
Community Details
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2024
Closed on
Mar 20, 2024
Sold by
1216 George Llc
Bought by
Raeder Mark A and Mistretta Lauren E
Seller's Agent
Melanie Giglio-Vakos
Compass
List Price
$2,990,000
Sold Price
$2,999,000
Premium/Discount to List
$9,000
0.3%
Total Days on Market
8
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$92,740
Avg. Annual Appreciation
-2.65%
Original Mortgage
$2,399,200
Outstanding Balance
$2,368,336
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$537,924
Purchase Details
Closed on
Oct 23, 2023
Sold by
Felis Dariusz
Bought by
1216 George Llc
Purchase Details
Closed on
Apr 9, 2018
Sold by
Sherpa Capital Group Llc
Bought by
Felis Dariusz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 2018
Sold by
George 1216 Holdings Llc
Bought by
Sherpa Capital Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 15, 2016
Sold by
May Thomas P and Morello Carl
Bought by
George 1216 Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.58%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 3, 2016
Sold by
Tlc Partnership
Bought by
Wardzala Lawrence
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.58%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 15, 2001
Sold by
May Marion
Bought by
Tlc Partnership
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,299
Interest Rate
6.52%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 5, 2001
Sold by
Banco Popular North America
Bought by
May Marion E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,299
Interest Rate
6.52%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Chicago, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Raeder Mark A | $2,999,000 | None Listed On Document | |
| 1216 George Llc | -- | None Listed On Document | |
| Felis Dariusz | $600,000 | Chicago Title | |
| Sherpa Capital Group Llc | -- | None Available | |
| George 1216 Holdings Llc | $700,000 | None Available | |
| Wardzala Lawrence | -- | None Available | |
| May Thomas P | -- | Freedom Title Corporation | |
| Morello Carl | -- | Freedom Title Corporation | |
| Tlc Partnership | $250,000 | -- | |
| May Marion E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Raeder Mark A | $2,399,200 | |
| Previous Owner | Felis Dariusz | $150,000 | |
| Previous Owner | Felis Dariusz | $480,000 | |
| Previous Owner | George 1216 Holdings Llc | $625,000 | |
| Previous Owner | Tlc Partnership | $249,299 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2024 03/21/24 | Sold | $2,999,000 | 0.0% | $536 / Sq Ft |
| 02/15/2024 02/15/24 | Pending | -- | -- | -- |
| 02/06/2024 02/06/24 | Price Changed | $2,999,000 | +0.3% | $536 / Sq Ft |
| 02/06/2024 02/06/24 | For Sale | $2,990,000 | -- | $534 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $39,041 | $241,000 | $53,505 | $187,495 |
| 2023 | $39,041 | $213,813 | $53,813 | $160,000 |
| 2022 | $39,041 | $189,813 | $53,813 | $136,000 |
| 2021 | $16,891 | $83,999 | $53,812 | $30,187 |
| 2020 | $10,880 | $48,839 | $20,910 | $27,929 |
| 2019 | $10,903 | $54,266 | $20,910 | $33,356 |
| 2018 | $10,719 | $54,266 | $20,910 | $33,356 |
| 2017 | $8,710 | $40,459 | $18,450 | $22,009 |
| 2016 | $7,603 | $40,459 | $18,450 | $22,009 |
| 2015 | $6,933 | $40,459 | $18,450 | $22,009 |
| 2014 | $6,525 | $37,737 | $15,375 | $22,362 |
| 2013 | $6,385 | $37,737 | $15,375 | $22,362 |
Source: Public Records
Agents Affiliated with this Home
-
Melanie Giglio-Vakos
Seller's Agent in 2024
Melanie Giglio-Vakos
Compass
(312) 953-4998
5 in this area
697 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11975143
APN: 14-29-123-030-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 1235 W George St Unit 215
- 1222 W George St
- 2921 N Lincoln Ave Unit 403
- 2921 N Lincoln Ave Unit 202
- 2846 N Racine Ave Unit 2
- 1228 W Wellington Ave
- 2958 N Lincoln Ave Unit 3D
- 1208 W Wellington Ave Unit 1R
- 1208 W Wellington Ave Unit 1F
- 1208 W Wellington Ave Unit 2
- 1208 W Wellington Ave Unit PH
- 2923 N Southport Ave Unit 4
- 2923 N Southport Ave Unit 3
- 2841 N Southport Ave Unit 3
- 2841 N Southport Ave Unit 2
- 2841 N Southport Ave Unit 1
- 1342 W Wellington Ave
- 1348 W Wellington Ave Unit 3
- 1123 W Wolfram St
- 1144 W Diversey Pkwy Unit 3
- 1216 W George St
- 1216 W George St
- 1218 W George St
- 1218 W George St
- 1218 W George St Unit 2
- 1218 W George St Unit 1
- 1218 W George St Unit G
- 1214 W George St
- 1224 W George St
- 1226 W George St
- 1210 W George St
- 1210 W George St
- 1210 W George St Unit 1
- 1228 W George St
- 1232 W George St
- 2904 N Racine Ave Unit B
- 2904 N Racine Ave Unit C
- 2904 N Racine Ave Unit A
- 2904 N Racine Ave Unit 2
- 2904 N Racine Ave Unit 3