$2,645,000
SOLD DEC 17, 2024
4 Beds
7 Baths
5,500 Sq Ft
3,223 Sq Ft Lot

Recently Sold

$481 Per Sq Ft

2% Below List Price

84 Days on Market

Highlights

  • New Construction
  • 5-minute walk to Southport Station
  • Living Room
  • Hamilton Elementary School Rated A-
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of December 2024

Presenting 1225 W School, an exceptional 6 bedroom home in the heart of Lakeview in coveted Burley School. This home boasts large windows, high ceilings, and high-end finishes. The exquisite kitchen showcases top-of-the-line appliances, a built-in banquette seating area, and Quartz stone countertops. On the second level, you will find three en-suite bedrooms. The spacious primary suite is adorned with a large walk-in closet and a lavish marble bathroom featuring a freestanding soaking tub, steam shower, double vanity, and heated floors. Downstairs, the radiant-heated lower level impresses with extra-high 10' ceilings and oversized windows, making the space exceptionally bright and welcoming. Finally, the gem of this home is a full third floor, boasting a 4th bedroom up, a bathroom, rec room, bar, and huge rooftop deck for hosting unforgettable gatherings. This home is a must see!

Last Agent to Sell the Property

Katarina Savic

Ciric Realty License #475183100 Listed on: 07/22/2024

Last Buyer's Agent

Ian Schwartz

Coldwell Banker Realty License #475101307

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,267

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Lot Dimensions are 25x127

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Interior Spaces

  • 5,500 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Potential Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Burley Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,267

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: Yes
  • Property Sub-Type: 3 Stories
  • Year Built: 2024
  • Age: NEW Under Construction
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bedrooms: 4
  • LivingArea: 5500
  • Room Type: Bedroom 5, Bedroom 6
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • List Price: 2659999
  • Waterfront: No
  • Exterior Building Type: Brick,Fiber Cement

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Burley Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X127
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4267
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Dec 5, 2024
Sold by
1225 W School St Chicago Il Llc
Bought by
Borja Anmari Jo and Vogl Peter
Seller's Agent
Katarina Savic
Ciric Realty
Buyer's Agent
Ian Schwartz
Coldwell Banker Realty
List Price
$2,699,000
Sold Price
$2,645,000
Premium/Discount to List
-$54,000
-2%
Views
34
Current Estimated Value
$2,661,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,000

Purchase Details

Listed on
Mar 1, 2023
Closed on
Aug 14, 2023
Sold by
Malpf Llc
Bought by
Igersheim Kevin
Seller's Agent
Nate Wynsma
Nathan Wynsma
Buyer's Agent
Katarina Savic
Ciric Realty
List Price
$975,000
Sold Price
$890,000
Premium/Discount to List
-$85,000
-8.72%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.34%
Original Mortgage
$667,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2023
Closed on
Jul 20, 2023
Sold by
School Street Residences Llc
Bought by
1225 W School St Chicago Il Llc
Seller's Agent
Nate Wynsma
Nathan Wynsma
Buyer's Agent
Katarina Savic
Ciric Realty
List Price
$975,000
Sold Price
$890,000
Premium/Discount to List
-$85,000
-8.72%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2021
Sold by
Cwt Properties Llc
Bought by
School Street Residences Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,280,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2012
Sold by
Blackridge James B
Bought by
Cwt Properties Llc

Purchase Details

Closed on
Jul 7, 2005
Sold by
Blacklidge James B
Bought by
Blacklidge James B and The James B Blacklidge Trust

Purchase Details

Closed on
Dec 3, 2004
Sold by
Blacklidge James B
Bought by
Blacklidge James B and The James B Blacklidge Trust
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,645,000 None Listed On Document
Warranty Deed $2,645,000 None Listed On Document
Special Warranty Deed $925,000 None Listed On Document
Special Warranty Deed $890,000 None Listed On Document
Special Warranty Deed $890,000 None Listed On Document
Warranty Deed -- Stewart Title
Trustee Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,456,988 New Conventional
Previous Owner $1,440,000 Construction
Previous Owner $667,000 New Conventional
Previous Owner $3,280,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Sold $2,645,000 -0.6% $481 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
10/09/2024 10/09/24 Price Changed $2,659,999 -0.4% $484 / Sq Ft
09/17/2024 09/17/24 Price Changed $2,669,999 -1.1% $485 / Sq Ft
07/22/2024 07/22/24 For Sale $2,699,000 +203.3% $491 / Sq Ft
07/19/2023 07/19/23 Sold $890,000 -8.7% --
06/14/2023 06/14/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $975,000 -- --
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 $4,365 $157,953 $60,320 $97,633
2023 $4,365 $21,221 $19,688 $1,533
2022 $4,365 $21,221 $19,688 $1,533
2021 $4,267 $21,220 $19,687 $1,533
2020 $1,754 $7,875 $7,875 $0
2019 $3,959 $19,705 $19,687 $18
2018 $3,892 $19,705 $19,687 $18
2017 $3,433 $15,948 $15,946 $2
2016 $3,166 $15,807 $15,805 $2
2015 $2,870 $15,660 $15,638 $22
2014 $2,367 $12,757 $12,741 $16
2013 $2,320 $12,757 $12,741 $16
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12118243

Midwest Real Estate Data (MRED)

APN: 14-20-327-012-0000