1220 E 56th St Chicago, IL 60637
Hyde Park NeighborhoodEstimated Value: $1,047,425 - $1,979,000
6
Beds
5
Baths
3,116
Sq Ft
$502/Sq Ft
Est. Value
About This Home
This home is located at 1220 E 56th St, Chicago, IL 60637 and is currently estimated at $1,565,606, approximately $502 per square foot. 1220 E 56th St is a home located in Cook County with nearby schools including Ray Elementary School, Kenwood Academy High School, and St. Thomas the Apostle Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 4, 2006
Sold by
Bichell David P Vetters and Bichell Terry Jo
Bought by
Sherman S Murray and Sherman Marjorie E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,000
Outstanding Balance
$478,056
Interest Rate
6.78%
Mortgage Type
Unknown
Estimated Equity
$1,087,550
Purchase Details
Closed on
Apr 28, 2005
Sold by
Marsh Jeanne Cay
Bought by
Vetters Bitchell David P and Vetters Bitchell Terry Jo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 18, 2003
Sold by
Marsh Jeanne C and Shevell Steven K
Bought by
King Marsh Jeanne Cay and King Shevell Steven
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sherman S Murray | $1,620,000 | Chicago Title Insurance Co | |
| Vetters Bitchell David P | $1,600,000 | Ctic | |
| King Marsh Jeanne Cay | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sherman S Murray | $808,000 | |
| Previous Owner | Vetters Bitchell David P | $1,200,000 | |
| Closed | Vetters Bitchell David P | $400,000 |
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 |
|---|---|---|---|---|
| 2025 | $21,718 | $147,001 | $24,000 | $123,001 |
| 2024 | $21,718 | $147,001 | $24,000 | $123,001 |
| 2023 | $21,557 | $108,535 | $19,355 | $89,180 |
| 2022 | $21,557 | $110,965 | $19,355 | $91,610 |
| 2021 | $22,605 | $118,408 | $19,355 | $99,053 |
| 2020 | $13,801 | $67,537 | $15,484 | $52,053 |
| 2019 | $13,509 | $73,410 | $15,484 | $57,926 |
| 2018 | $13,279 | $73,410 | $15,484 | $57,926 |
| 2017 | $12,588 | $61,851 | $12,774 | $49,077 |
| 2016 | $11,888 | $61,851 | $12,774 | $49,077 |
| 2015 | $10,853 | $61,851 | $12,774 | $49,077 |
| 2014 | $15,598 | $86,637 | $10,451 | $76,186 |
| 2013 | $15,279 | $86,637 | $10,451 | $76,186 |
Source: Public Records
Map
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