1221 E 56th St Chicago, IL 60637
Hyde Park NeighborhoodEstimated Value: $1,976,000 - $2,427,000
5
Beds
5
Baths
3,230
Sq Ft
$669/Sq Ft
Est. Value
About This Home
This home is located at 1221 E 56th St, Chicago, IL 60637 and is currently estimated at $2,160,284, approximately $668 per square foot. 1221 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 10, 2012
Sold by
Chicago Title Land Trust Co
Bought by
Schewebel Todd D
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
$805,000
Interest Rate
3.73%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 30, 1997
Sold by
Straus Helen Lorna Puttkammer and Straus Lorna P
Bought by
Chicago Trust Company and Trust #1104226
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
7.75%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schewebel Todd D | -- | Greater Metropolitan Title L | |
| Chicago Trust Company | -- | -- | |
| Chicago Trust Company | $385,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schewebel Todd D | $805,000 | |
| Previous Owner | Chicago Trust Company | $269,500 |
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 | $23,377 | $162,839 | $32,767 | $130,072 |
| 2024 | $23,377 | $162,839 | $32,767 | $130,072 |
| 2023 | $23,832 | $113,716 | $26,425 | $87,291 |
| 2022 | $23,832 | $119,288 | $26,425 | $92,863 |
| 2021 | $23,318 | $119,288 | $26,425 | $92,863 |
| 2020 | $20,440 | $94,816 | $21,140 | $73,676 |
| 2019 | $20,221 | $104,075 | $21,140 | $82,935 |
| 2018 | $19,880 | $104,075 | $21,140 | $82,935 |
| 2017 | $16,770 | $81,277 | $17,440 | $63,837 |
| 2016 | $15,779 | $81,277 | $17,440 | $63,837 |
| 2015 | $15,091 | $84,979 | $17,440 | $67,539 |
| 2014 | $9,452 | $53,514 | $14,269 | $39,245 |
| 2013 | $11,128 | $63,817 | $14,269 | $49,548 |
Source: Public Records
Map
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