NOT LISTED FOR SALE

1221 E 56th St Chicago, IL 60637

Hyde Park Neighborhood

Estimated Value: $1,395,000 - $1,892,341

5 Beds
5 Baths
3,230 Sq Ft
$519/Sq Ft Est. Value

About This Home

This home is located at 1221 E 56th St, Chicago, IL 60637 and is currently estimated at $1,677,085, approximately $519 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
$1,677,085

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
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 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 $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

Illinois Cook County Chicago 60637 Hyde Park

1221 E 56th St, Chicago, IL

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